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Productivity, Key to Economic Success

Productivity, Key to Economic Success
Author: Centre for the Study of Living Standards
Publisher: [Moncton, N.B.] : The Agency
Total Pages: 104
Release: 1998
Genre: Canada
ISBN:

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The objective of this report is to provide a comprehensive overview of knowledge in the productivity field for policy makers and the general public interested in economic issues. Section one provides an overview of the fundamentals of productivity, with basic data on productivity trends and a review of the definition and measurement of productivity. Section two examines the determinants of productivity growth, including such factors as the natural resource base, industrial structure and intersectoral shifts, capital accumulation, technological change, labour quality, and the macro- and micro-economic environments. Section three synthesizes several of the key debates in the productivity literature, examining the productivity or computer paradox, the relationship between employment and productivity, and the link between productivity and international competitiveness. Section four briefly looks at actions and policies to improve productivity, with particular reference to ways to increase physical investment, develop human capital, and foster technological progress. Appendices include discussion of frameworks for analyzing productivity growth, additional issues in the productivity literature, and statistical and conceptual issues in productivity measurement.


An Examination of Public Capital's Role in Production

An Examination of Public Capital's Role in Production
Author: Ryan Macdonald
Publisher:
Total Pages: 49
Release: 2008-01-01
Genre: Gross national product
ISBN: 9780662484424

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This paper examines whether or not the long-term government bond rate could reasonably be employed as the rate of return on public capital when calculating public sector gross domestic product. It uses a variety of estimators and explicitly examines the time series properties of the data. Using a simple functional form, the relationship between real output and public capital, and the relationship between per unit costs and public capital, is estimated and used to infer public capital's rate of return. The paper then attempts to see whether information from the different methods can be combined in such a way as to "triangulate" on a preferable estimate of public capital's rate of return.--Document.


The paradox of market-oriented public policy and poor productivity growth in Canada

The paradox of market-oriented public policy and poor productivity growth in Canada
Author:
Publisher:
Total Pages: 0
Release: 2010
Genre:
ISBN:

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The gap in labour productivity growth rates is thus not only the result of unusual developments in Canada, as evidenced by the decline in productivity elasticity and below-average productivity growth since 2000, but also largely a consequence of the atypical behaviour of the U. S. economy, as evidenced by its high productivity elasticity since 2000. [...] This growth-accounting exercise suggests that the lacklustre productivity performance of Canada since 2000 relative to the 1973-2000 period cannot be attributed to a single factor, but rather is the result of slower growth in both capital services intensity and MFP, with the latter accounting for the lion's share of the decline. [...] The reallocation growth effect is the sum of the product of the absolute change in the share of hours worked and the absolute change in the labour productivity level for each of the i sectors. [...] The CSLS has calculated the within-sector effect, the reallocation level effect, the reallocation growth effect (also known as the Baumol effect or the interaction effect), the total reallocation effect (the sum of the productivity level and growth effects), and the total sector contribution related to aggregate (business sector) labour productivity growth for 12 sectors for the 1961-2007 period a [...] The churn measure is the sum of the absolute values changes in share of total hours worked or the sum of the absolute values of the reallocation effect.


Innovation and Business Strategy: Why Canada Falls Short

Innovation and Business Strategy: Why Canada Falls Short
Author: The Expert Panel on Business Innovation
Publisher: Council of CanadianAcademies
Total Pages: 268
Release: 2009
Genre: Business & Economics
ISBN: 1926558146

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The Impact of Public Infrastructure on Canadian Multifactor Productivity Estimates

The Impact of Public Infrastructure on Canadian Multifactor Productivity Estimates
Author: Wulong Gu
Publisher:
Total Pages: 31
Release: 2009
Genre: Industrial productivity
ISBN: 9781100116204

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"This paper makes use of a growth accounting framework to examine the importance of public capital for private sector productivity growth. Most measures of multifactor productivity consider only the inputs of the business sector. This paper produces an alternate measure of multifactor productivity for the business sector that incorporates the impact of public capital. It uses the estimate of the elasticity of business sector output with respect to public capital derived from Macdonald (2008). Over the period, the conventional estimate of MFP growth averages 0.4% per year. About half of this growth is attributable to public capital."--Document.


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.


BC Solutions Budget 2004: Getting Ready for 2010

BC Solutions Budget 2004: Getting Ready for 2010
Author: Canadian Centre for Policy Alternatives
Publisher: Canadian Centre Policy Alternatives
Total Pages: 29
Release: 2004
Genre: British Columbia
ISBN: 0886273536

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