Publication Date

January 2001

Publication Details

Perry, LJ and Wilson, PJ, The Accord and Strikes: An International Perspective, Working Paper 01-03, Department of Economics, University of Wollongong, 2001.

Abstract

This paper examines the relationship between Australian and world strike activity between 1960 and 1998. Appropriate indices are constructed for which evidence of a long-run equilibrium relation is found between Australian and world strike activity. The evidence suggests Australian and world strike rate indices are cointegrated with a breakpoint in that relation occurring sometime in the very late 1960s or early 1970s. No breakpoints are in evidence before, during or after the period (1983- 96) of the Accord. This result is consistent with the view that the decline in strike activity in Australia during the period of the Accord was not a singularly Australian experience.

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