Download or read book Aggregate Labour Productivity Growth in Canada and the United States written by Centre for the Study of Living Standards and published by . This book was released on 2004 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Aggregate labour productivity growth in Canada and the United States written by and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper examines all data sources for output, employment and hours estimates in the two countries, and attempts to identify the series that are the most appropriate for the calculation of aggregate labour productivity - both from the perspective of the methodological merits of each series and of cross-country comparability. [...] In terms of explaining Canada's poor performance at the business sector level relative to the United States, in contrast to the less pessimistic performance implied by total economy comparisons, the paper comes to the following conclusions: • The difference could be due to three factors, namely a stronger business sector performance in the United States than in Canada, different sizes of the busin [...] The hours share of the business sector in the total economy in vi Canada is much higher than in the United States, and has been rising in contrast to declines in the United States. [...] The sources of the smaller gap between business sector and total economy productivity growth in Canada than in the United States are examined, and the advantages and disadvantages of the business sector and total economy for monitoring and comparing productivity performance are presented. [...] These issues - the substantially larger hours share of the business sector in Canada than in the United States, the growth of this share in Canada in contrast to the decline of this share in the United States, and divergence between output and hours shares in Canada and not the United States - each deserve further research.

Download or read book Aggregate Labour Productivity Growth in Canada and the United States written by and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Sources of Aggregate Labour Productivity Growth in Canada and the United States written by Jianmin Tang and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we propose a decomposition technique to examine the sources of industrial contribution to aggregate labour productivity growth. We show that in terms of pure labour productivity growth, the manufacturing and service sectors contributed equally to the aggregate Canada-U.S. labour productivity growth gap during the 1987-1998 period. But, in terms of total industrial contributions, which also take into account the contributions from a change in relative size, the service sector was the largest contributor. We also find that high labour productivity growth industries did not attract resources from stagnant industries - a phenomenon consistent with Baumol's cost disease of stagnant industries.

Download or read book The Impact of Self employment on Labour productivity Growth electronic Resource a Canada and United States Comparison written by Baldwin, John R. (John Russel) and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Determinants of Canadian Productivity Growth written by Richard G. Harris and published by Canadian Museum of Civilization/Musee Canadien Des Civilisations. This book was released on 1999 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper looks at the future for productivity growth in Canada. Chapter 2 discusses theory and measurement issues. Two themes are covered: the link between productivity and living standards; the relationship between theory and measurement in light of the widespread use of the concept of multifactor productivity. Chapter 3 discusses the empirical literature on the determinants or drivers of productivity growth including investment, education and training, innovation, diffusion, and the broader context in which productivity growth is set. Chapter 4 deals with the prospects for future productivity growth in Canada. Chapter 5 concludes with a discussion of how traditional economic policies should account for potential productivity effects.

Download or read book The Impact of Self Employment on Labour Productivity Growth written by John R. Baldwin and published by . This book was released on 2009 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the influence of the self-employed on the growth in labour productivity in the business sector. There has been a dramatic expansion of self-employment in the Canadian economy over the 1987 to 1998 period. In addition, a comparison is made of Canadian and United States experiences in this area over the 1987 to 1998 reference period. This paper argues that the expansion of the self-employed sector in Canada and the weak growth in Canadian selfemployment net income over the decade has resulted in downward pressure being put on the growth in aggregate labour productivity in the business sector. In contrast, the growth in the net income of the self-employment group in the United States has outpaced overall productivity growth in the business sector throughout the 1990s. Almost all of the difference in labourproductivity growth between Canada and the United States in the 1990s can be attributed to the greater growth of self-employment in Canada and the poorer income performance of this group.

Download or read book Unbalanced Industry Demand and Supply Shifts written by Anik Dufour and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: It distinguishes the industry contribution to output growth resulting from changes in the industry output level and the contribution resulting from changes in the price of the industry's output. [...] For instance, it accounted for 81 percent of growth in real GDP in the business sector in Canada and 90 percent of growth in real GDP in the business sector in the United States. [...] Industry Contribution to Economic Growth in Canada and the United States in 1981-2000 The decomposition technique is applied to the business sector in Canada and the United States, using a comparable data set on gross output, labour and intermediate inputs for the two countries. [...] Like the contributions of the industry to aggregate output growth, the contributions of the industry associated with gross output are weighted by the ratio of the industry nominal gross output to nominal GDP at the beginning period and the contributions associated with intermediate inputs are weighted by the ratio of the industry nominal intermediate inputs to nominal GDP at the beginning period. [...] Industry Contribution to Aggregate Labour Productivity Growth in Canada and the United States in 1981-2000 The decomposition technique, equation (5), is applied to aggregate labour productivity growth in the business sector in both Canada and the United States, using the same dataset as for decomposing real GDP growth.

Download or read book The Canada US Productivity Growth Paradox written by Serge Coulombe and published by . This book was released on 2000 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Current Trends in the Analysis of Canadian Productivity Growth written by Simon Van Norden and published by . This book was released on 2010 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Global Productivity written by Alistair Dieppe and published by World Bank Publications. This book was released on 2021-06-09 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD

Download or read book Labor Market Adjustment in Canada and the United States written by Mr.Eswar Prasad and published by International Monetary Fund. This book was released on 1997-01-01 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a quantitative assessment of the relative importance of different labor market adjustment mechanisms in Canada and the United States and also examines the effects of the unemployment insurance (UI) system on labor market adjustment. At the aggregate level, employment growth shocks result in similar unemployment rate responses but smaller wage responses in Canada relative to the United States. Although overall UI generosity has increased aggregate unemployment persistence in Canada, the endogenous component of UI has affected unemployment persistence only marginally. The lower degree of aggregate real wage flexibility in Canada has not been an important determinant of unemployment persistence.

Download or read book Barrow s Dictionary of Facts and Knowledge written by and published by . This book was released on 18?? with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Canada United States Labour Productivity Gap Across Firm Size Classes written by John Russel Baldwin and published by . This book was released on 2014 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper examines and compares labour productivity in Canada and the United States for small and large firms over the period from 2002 to 2008. It quantifies the relative importance of small and large firms in Canada and the United States and measures the relative productivity levels of small versus large firms. Small firms are relatively more important in the Canadian economy. Small firms are less productive than large firms in both countries. But the productivity disadvantage of small relative to large firms was higher in Canada. The paper provides an estimate of the impact that these differences have on the gap in productivity levels between Canada and the United States. It first estimates the changes that would occur in Canadian aggregate labour productivity if the share of hours worked of large firms in Canada was increased to the U.S. level. It then quantifies the impact of increasing the relative productivity of small to large firms in Canada up to the relative productivity ratio of small firms to large firms that existed in the United States."--Document.

Download or read book Canada s Productivity Performance written by Ponugoti Someshwar Rao and published by Canada Communications Group. This book was released on 1992 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study discuses issues and problems associated with international productivity and real income comparisons. It reviews the trends in Canada's productivity and the trends in Canada's labour productivity and real income performance, relative to other G-7 countries with special reference to the United States. It also outlines the theoretical underpinnings of an econometric model to explain productivity growth and gives a brief summary of regression results for Canada, the United States, Japan, and West Germany. It analyzes the causes of the slowdown in Canadian productivity since 1973 using the estimated equations. In addition, it examines the reasons for Canada's poor manufacturing productivity performance relative to that of the major economies and summarizes the findings of the study.

Download or read book Productivity Growth in Canadian and U S Regulated Industries written by Wulong Gu and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper compares the productivity growth of a set of Canadian and U.S. regulated industries. Using data from Statistics Canada's KLEMS database and the U.S. Bureau of Economic Analysis, the paper examines productivity growth in transportation services (which includes air and rail), broadcasting and telecommunications, and financial services (which includes financial intermediation and insurance), over the period from 1977 to 2003. The majority of these provide the foundational networks on which other industries rely. These sectors were quite heavily regulated in Canada at the beginning of the period of study (1977), experienced partial deregulation during the period and still faced various types of regulation at the end (2003). Deregulation also occurred in the United States, but regulation has generally been less restrictive there over most of the period. The evidence shows that many of the Canadian industries that underwent deregulation experienced faster labour productivity growth and multifactor productivity growth than did the aggregate Canadian business sector and had similar or higher productivity growth than did their counterparts in the United States over the 1977-to-2003 period. Those industries include rail transportation, broadcasting and telecommunications, financial intermediation and insurance carriers. The airline industry had slower productivity growth in Canada than in the United States over the 1977-to-2003 period.

Download or read book Long term productivity growth in Canada and the United States 1961 to 2006 written by and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The level of uncertainty will depend on several factors: the nature of the functional form used in the multivariate analysis; the type of econometric technique employed; the appropriateness of the statistical assumptions embedded in the model or technique; the comprehensiveness of the variables included in the analysis; and the accuracy of the data that are utilized. [...] Intercountry differences are useful in understanding the reasons for differences in the standard of living, the competitiveness of national industries and the causes of trends in the exchange rate. [...] The difference in the economic structures in the two countries suggests that there might be differences in the sources of labour productivity growth in the two countries. [...] The relatively larger contribution of labour compositional changes to aggregate labour productivity growth in Canada is not a result of the slight methodological difference in the construction of labour composition index in the two countries. [...] In contrast, the differences in annual MFP growth in the two countries are related to the differences in capital intensity growth in the subsequent periods.