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Long-term productivity growth in Canada and the United States, 1961 to 2006

Long-term productivity growth in Canada and the United States, 1961 to 2006
Author:
Publisher:
Total Pages: 0
Release: 2007
Genre:
ISBN: 9780662465416

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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.


Long-term Productivity Growth in Manufacturing in Canada and the United States, 1961 to 2003

Long-term Productivity Growth in Manufacturing in Canada and the United States, 1961 to 2003
Author: John R. Baldwin
Publisher:
Total Pages:
Release: 2007
Genre: Industrial productivity
ISBN: 9780662473770

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In this paper, we provide an international comparison of the growth in Canadian and U.S. manufacturing industries over the 1961-to-2003 period. We find that average annual growth rates of labour productivity growth were almost identical in the Canadian and U.S. manufacturing sectors during this period. But the sources of labour productivity growth differed in the two countries. Intermediate input deepening was a more important source of labour productivity growth in Canada than in the United States, while investment in capital and multifactor productivity (MFP) growth were more important in the United States than in Canada. After 1996, labour productivity growth in Canada was lower than in the United States. The post-1996 slower labour productivity growth in Canada relative to the United States was due to slower growth in MFP and slower growth in capital intensity. The slower MFP growth in Canada accounted for 60% of Canada-United States labour productivity growth difference, and slower growth in capital intensity accounted for 30%. The slower MFP growth in the Canadian manufacturing sector relative to that of the United States after 1996 was due to lower MFP growth in the computer and electronic products industry. The slower growth in capital-labour ratio in the Canadian manufacturing compared with the United States after 1996 is related to the changes in relative prices of capital and labour inputs in the two countries.


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

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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."--Document.


ASEAN-Canada Forum 2008

ASEAN-Canada Forum 2008
Author: Asean Studies Center
Publisher: Institute of Southeast Asian Studies
Total Pages: 280
Release: 2010
Genre: Business & Economics
ISBN: 9814279145

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In November 2008, the Regional Economic Studies Programme of the Institute of Southeast Asian Studies (ISEAS) and the Singapore office of the International Development Research Centre (IDRC) of Canada organised a forum on "Regional Economic Integration - ASEAN and Canadian Perspectives". The forum concluded that fundamentally the ASEAN Free Trade Area (AFTA) and the North American Free Trade Agreement (NAFTA) were two different kinds of agreements. First, while NAFTA focused entirely on trade and investments, the scope of AFTA was much broader, going beyond issues of trade and investments alone. Secondly, NAFTA was a lightly institutionalized regional trade agreement. There was no formal policy of institutional or policy development, and it lacked legislative instruments. Although ASEAN had a secretariat, its regional institutions remained weak in comparison to those of the European Union. Thirdly, the dispute-settlement mechanism in ASEAN was different from that of NAFTA. The ASEAN provisions were scattered over a number of documents and covered both economic (trade and investment) issues and other disputes (e.g., political or territorial), while NAFTA provisions were contained in a single document and could be applied only to matters related to trade and investments. Finally, although many studies presented trade liberalisation as a win-win proposition, the distribution of costs and benefits was mostly uneven. In the case of Canada, short-run gains in efficiency from expanded trade could be identified, but it was harder to determine longer-term dynamic gains. On the other hand, in the case of ASEAN, it was still grappling with the issue of the development divide, especially since the admission of Cambodia, Laos, Myanmar and Vietnam into the group.


Daily Labor Report

Daily Labor Report
Author:
Publisher:
Total Pages: 1114
Release: 2007-08
Genre: Labor
ISBN:

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Progress in Economics Research

Progress in Economics Research
Author: Albert Tavidze
Publisher: Nova Publishers
Total Pages: 262
Release: 2007-04
Genre: Business & Economics
ISBN: 9781600217203

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This series spans the globe presenting leading research in economics. It is perhaps a sign of the times that economic weapons such as sanctions seem to be as powerful as or more so than tanks. International applications and examples of economic progress are invaluable in a troubled world with economic booms bursting like so many penny balloons. Globalisation, outstanding and jobless recoveries present economic issues of concern to millions.


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.