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Author: Serge Coulombe Publisher: Industrie Canada ISBN: Category : Business & Economics Languages : fr Pages : 88
Book Description
Data on multifactor productivity (MFP) growth and labour productivity growth produced by Statistics Canada and the United States Bureau of Labor Statistics send mixed signals regarding the comparative evolution of living standards in the two countries. Since the early 1980s, Statistics Canada's MFP growth measures for the business sector indicate that the Canadian economy has out-performed the US economy while labour productivity data produce a reverse picture. This is the so-called Canada/US productivity paradox, investigated in this paper with an analysis of Canadian & US business sector productivity data since 1961. The analysis is used to determine whether business sector MFP growth estimates provided by Statistics Canada are consistent over time and comparable to US estimates. The analysis identifies three significant problems with Statistics Canada methodology for estimating MFP growth, and methodological changes are proposed to address these problems.
Author: Serge Coulombe Publisher: Industrie Canada ISBN: Category : Business & Economics Languages : fr Pages : 88
Book Description
Data on multifactor productivity (MFP) growth and labour productivity growth produced by Statistics Canada and the United States Bureau of Labor Statistics send mixed signals regarding the comparative evolution of living standards in the two countries. Since the early 1980s, Statistics Canada's MFP growth measures for the business sector indicate that the Canadian economy has out-performed the US economy while labour productivity data produce a reverse picture. This is the so-called Canada/US productivity paradox, investigated in this paper with an analysis of Canadian & US business sector productivity data since 1961. The analysis is used to determine whether business sector MFP growth estimates provided by Statistics Canada are consistent over time and comparable to US estimates. The analysis identifies three significant problems with Statistics Canada methodology for estimating MFP growth, and methodological changes are proposed to address these problems.
Author: Richard G. Harris Publisher: Canadian Museum of Civilization/Musee Canadien Des Civilisations ISBN: Category : Business & Economics Languages : en Pages : 126
Book Description
This paper presents a survey of the evidence and debate on the social determinants of productivity in the context of the Canadian productivity debate. The purpose of the paper is to try to make sense of the seemingly contradictory pieces of theory and evidence linking social policy to economic growth. Essentially the paper looks at 4 areas of research: the growth and inequality debate; the small but growing literature on the policy determinants of economic growth; an examination of 2 specific social policies (education and health); the literature on major technological change, wage inequality and the new economy. To provide the context for this discussion, the paper also includes some background material on economic growth, productivity, and social policy in OECD countries.
Author: Wulong Gu Publisher: ISBN: Category : Industrial productivity Languages : en Pages : 76
Book Description
This paper argues that the lack of evidence for a strong link between innovation & productivity in Canada is due to incomplete measures of innovation. The authors first construct a comprehensive measure of innovation that models innovation as an unobservable latent variable that underlies four indicators: research & development propensity, measured as a percentage of output; patents per worker; technology adoption, measured as real investment in machinery & equipment; and skill intensity, measured as the employment share of workers with a university education. The authors then examine the relationship between innovation & productivity in 14 Canadian manufacturing industries over 1980-1997 using the new measure. The results also show that the length of time it takes for innovation to have a positive & significant impact on productivity differs across industries.
Author: Randall Morck Publisher: Industrie Canada ISBN: Category : Business & Economics Languages : en Pages : 212
Book Description
This paper explores what economists know about the economics of innovation. It identifies key empirical research on different aspects of what causes the pace of innovation to be faster or slower. A selective survey of empirical work on the determinants of innovation, guided by relevant economic theory, discusses the economics of information & its relation to innovation; the effects on the pace of innovation of the strength of intellectual property rights, firm size & market structure, geographic distribution of firms, corporate decision-making, national culture, financial systems, human capital accumulation, and checks on inequality; and whether government policy determines innovation.
Author: Serge Coulombe Publisher: Canadian Museum of Civilization/Musee Canadien Des Civilisations ISBN: Category : Business & Economics Languages : en Pages : 106
Book Description
This paper provides an empirical analysis of the comparative evolution of interprovincial & international trade and their effects on regional growth for the Canadian provinces since 1981. It first establishes the trend in the relationship between the ratios of interprovincial & international trade to gross domestic product, revealing a sharp break that occurred around 1991. The analysis casts doubt on the pure diversion model often used in trade modelling. The second part uses a conditional convergence-growth model to estimate the respective long-run effects of interprovincial & international trade on Canadian regional economies, specifically in relation to productivity, relative gross domestic product per capita, and job creation. The final chapter discusses implications of the results for regional economies & economic policy issues.
Author: Steven Globerman Publisher: Industrie Canada ISBN: Category : Business & Economics Languages : en Pages : 144
Book Description
It is widely argued that a country's economic performance over time is determined to a great extent by its political, institutional, and legal environment. We refer to these public institutions and policies as the national political infrastructure (NPI) of a country. This report focusses on the linkage between measures of NPI and foreign direct investment (FDI) flows. Specifically, it tests the hypothesis that FDI will be attracted to regions characterized by more favourable NPIs. It also argues that countries with more favourable NPIs will create more domestic multinational enterprises, and they will therefore see more capital outflows, so that the net effect on capital flows may be uncertain. The study employs 2 sets of FDI data, both covering the period 1995-1997. The 1st set measures total FDI inflows and outflows to and from a sample of 144 developed and developing countries. The 2nd set uses United States Bureau of Economic Analysis data to measure the inflows of U.S. FDI to these same countries.
Author: Jianmin Tang Publisher: Canadian Museum of Civilization/Musee Canadien Des Civilisations ISBN: Category : Business & Economics Languages : en Pages : 96
Author: Serge Coulombe
Author: Serge Coulombe
Author: Richard G. Harris
Author: Wulong Gu
Author: 
Author: Randall Morck
Author: 
Author: Serge Coulombe
Author: Steven Globerman
Author: Steven Globerman
Author: Jianmin Tang