Interstate Differences In Economic Growth Rates In Australia, 1953-54 to 1990-91

Abstract

This paper examines interstate differences in economic growth rates in Australia over the period 1953-54 to 1990-91 using a six State classification (with ACT induded in New South Wales and the Northern Territory in South Australia). The economic growth rate is measured by the increase in constant price gross state product at factor cost (GSP) per head of population over lime, using three year moving averages of GSP and population to remove sortie of the annual fluctuations in the data. The analysis shows substantial differences among the States in their performance over this period. Despice these differences, however, New South Wales and Victoria (except for one year) had real GSP per head ..