Three Policies to Improve Productivity Growth in Canada
This paper makes the case that productivity is Canada’s economic destiny and that Canada’s dismal productivity performance, both from a historical and international perspective, therefore represents our biggest economic challenge. It then puts forward three specific policies to improve Canada’s productivity performance: foster the diffusion of best-practice technologies; remove the provincial sales tax on purchases of machinery and equipment; and promote interprovincial movement of workers by improving labour market information, removing professional barriers to labour mobility, and establishing a tax credit for interprovincial job search. It finds that the short-term costs of these policies would be greatly outweighed by the long-term benefits associated with their implementation.
Year of publication: |
2007-12
|
---|---|
Authors: | Sharpe, Andrew |
Institutions: | Center for the Study of Living Standards (CSLS) |
Subject: | Productivity growth in Canada | Policy | Diffusion | Provincial sales tax | Interprovincial migration |
Saved in:
freely available
Extent: | application/pdf |
---|---|
Series: | |
Type of publication: | Book / Working Paper |
Notes: | Number 2007-05 |
Classification: | O20 - Development Planning and Policy. General ; O33 - Technological Change: Choices and Consequences; Diffusion Processes ; O38 - Government Policy ; O47 - Measurement of Economic Growth; Aggregate Productivity |
Source: |
Persistent link: https://www.econbiz.de/10005650223
Saved in favorites
Similar items by subject
-
New General Theory of Economic Development : Innovative Growth and Distribution
Lee, Yong-Shik, (2020)
-
Assessing Canada's Ability to Compete for Foreign Direct Investment
Sharpe, Andrew, (2008)
-
Competitive Intensity as Driver of Innovation and Productivity Growth: A Synthesis of the Literature
Sharpe, Andrew, (2008)
- More ...
Similar items by person