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Investment and Long-term Productivity Growth in the Canadian Business Sector, 1961 to 2002

Investment and Long-term Productivity Growth in the Canadian Business Sector, 1961 to 2002
Author: John Russel Baldwin
Publisher:
Total Pages: 72
Release: 2007
Genre: Canada
ISBN:

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This paper employs the databases that are used to construct Statistics Canada's Productivity Accounts to examine the sources of growth in the Canadian economy and the history of productivity growth in Canada over the period 1961 to 2002. It makes use of a new time series using the North American Industry Classification System. The growth accounting system provides the framework for the analysis. This framework provides estimates of the relative importance of labour inputs, investments in capital, and productivity growth. The data that are required to address this issue also allow changes in the composition of capital and labour inputs to be investigated. In addition, the underlying factors that determine labour productivity (multifactor productivity, capital deepening, and increases in skill level) are outlined. Since the database is constructed at the industry level, all these relationships can be pursued both at the level of the total economy and for individual industries.


Investment and Long-term Productivity Growth in the Canadian Business Sector, 1961 to 2002

Investment and Long-term Productivity Growth in the Canadian Business Sector, 1961 to 2002
Author: John Russel Baldwin
Publisher:
Total Pages: 72
Release: 2007
Genre: Canada
ISBN: 9780662446071

Download Investment and Long-term Productivity Growth in the Canadian Business Sector, 1961 to 2002 Book in PDF, ePub and Kindle

"This paper employs the databases that are used to construct Statistics Canada's Productivity Accounts to examine the sources of growth in the Canadian economy and the history of productivity growth in Canada over the period 1961 to 2002. It makes use of a new time series using the North American Industry Classification System. The growth accounting system provides the framework for the analysis. This framework provides estimates of the relative importance of labour inputs, investments in capital, and productivity growth. The data that are required to address this issue also allow changes in the composition of capital and labour inputs to be investigated. In addition, the underlying factors that determine labour productivity (multifactor productivity, capital deepening, and increases in skill level) are outlined. Since the database is constructed at the industry level, all these relationships can be pursued both at the level of the total economy and for individual industries."--Document.


Public Capital and its Contribution to the Productivity Performance of the Canadian Business Sector

Public Capital and its Contribution to the Productivity Performance of the Canadian Business Sector
Author: Faouzi Tarkhani
Publisher:
Total Pages: 41
Release: 2009
Genre:
ISBN:

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This paper quantifies the contribution of public capital to productivity growth in the Canadian business sector. The approach developed here incorporates demand and supply forces, including the contribution of public capital, which may affect productivity performance. We estimate the model using disaggregated data composed of 37 industries in the Canadian business sector for the period 1961-2000. The results indicate that the main contributors to productivity growth, both at the industry and aggregate levels are technical change and exogenous demand (representing the effect of aggregate income and population growth). Public capital contributed for about 18% of the overall business sector multi-factor productivity growth over the 1961-2000 period. This is somewhat lower than the figures reported in the literature. However, the magnitudes of the contribution of public capital to productivity growth vary significantly across industries, with the largest impact occurring in transportation, trade and utilities.


Fiscal Policy and Long-Term Growth

Fiscal Policy and Long-Term Growth
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 257
Release: 2015-04-20
Genre: Business & Economics
ISBN: 1498344658

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This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.


Puzzles of Economic Growth

Puzzles of Economic Growth
Author: Leszek Balcerowicz
Publisher: World Bank Publications
Total Pages: 355
Release: 2014-12-03
Genre: Business & Economics
ISBN: 1464803269

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By comparing countries like Venezuela and Chile, China and India, Dominican Republic and Haiti, and others, the book tries to answer the questions of which institutions and policies are crucial for stable long term economic growth.


The Demographic Dividend

The Demographic Dividend
Author: David Bloom
Publisher: Rand Corporation
Total Pages: 127
Release: 2003-02-13
Genre: Social Science
ISBN: 0833033735

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There is long-standing debate on how population growth affects national economies. A new report from Population Matters examines the history of this debate and synthesizes current research on the topic. The authors, led by Harvard economist David Bloom, conclude that population age structure, more than size or growth per se, affects economic development, and that reducing high fertility can create opportunities for economic growth if the right kinds of educational, health, and labor-market policies are in place. The report also examines specific regions of the world and how their differing policy environments have affected the relationship between population change and economic development.


Productivity Measurement and Analysis

Productivity Measurement and Analysis
Author: OECD
Publisher: OECD Publishing
Total Pages: 556
Release: 2009-04-28
Genre:
ISBN: 9264044612

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Presents the proceedings of two workshops on productivity measurement and analysis, which brought together representatives of statistical offices, central banks and other officials involved with the analysis and measurement of productivity at aggregate and industry levels.


A New Architecture for the U.S. National Accounts

A New Architecture for the U.S. National Accounts
Author: Dale W. Jorgenson
Publisher: University of Chicago Press
Total Pages: 649
Release: 2007-11-01
Genre: Business & Economics
ISBN: 0226410870

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A New Architecture for the U.S. National Accounts brings together a distinguished group of contributors to initiate the development of a comprehensive and fully integrated set of United States national accounts. The purpose of the new architecture is not only to integrate the existing systems of accounts, but also to identify gaps and inconsistencies and expand and incorporate systems of nonmarket accounts with the core system. Since the United States economy accounts for almost thirty percent of the world economy, it is not surprising that accounting for this huge and diverse set of economic activities requires a decentralized statistical system. This volume outlines the major assignments among institutions that include the Bureau of Economic Analysis, the Bureau of Labor Statistics, the Department of Labor, the Census Bureau, and the Governors of the Federal Reserve System. An important part of the motivation for the new architecture is to integrate the different components and make them consistent. This volume is the first step toward achieving that goal.


Growth and Structural Transformation

Growth and Structural Transformation
Author: Kwang Suk Kim
Publisher: BRILL
Total Pages: 224
Release: 2020-03-17
Genre: History
ISBN: 1684172195

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This study provides a comprehensive overview of Korea’s macroeconomic growth and structural change since World War II, and traces some of the roots of development to the colonial period. The authors explore in detail colonial development, changing national income patterns, relative price shifts, sources of aggregate growth, and sources of sectoral structural change, comparing them with other countries.


Economic Growth in the 1990s

Economic Growth in the 1990s
Author: World Bank
Publisher: World Bank Publications
Total Pages: 384
Release: 2005
Genre: Business & Economics
ISBN: 9780821360439

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This report was prepared by a team led by Roberto Zagha, under the general direction of Gobind Nankani.