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Productivity research is Canada has traditionally focused on narrow economic issues. In our view, it has given inadequate attention to the broader ramifications of productivity, both in terms of shedding light on the importance of productivity for the advancement of various aspects of social...
Persistent link: https://www.econbiz.de/10005518911
In this chapter, William Watson challenges Heath's interpretation of the benefits of productivity growth, but agrees with Richard Harris' views on the state of our knowledge about the potential contribution of social programs to productivity growth. Watson tackles Heath's assessment of the...
Persistent link: https://www.econbiz.de/10005518914
, labour income and living standards in Canada. They find that, once the appropriate adjustments are made, the labour share and … the non-labour share (composed of profits, interest and investment income, and incorporated business income) in national … income tend to revert to their historical means over the 1926-2001 historical period, although divergences may last for …
Persistent link: https://www.econbiz.de/10005481819
In this chapter, Richard Harris points out that a traditional view has been that there is an inherent conflict between economic efficiency and social equality, a view neatly summarized in the title of Okun's famous book, Equality and Efficiency: The Big Trade-off (1975). This view gained renewed...
Persistent link: https://www.econbiz.de/10005650204
Productivity and income growth rates and differentials vary widely among OECD countries. In this chapter, Bart van Ark … develops a framework for the understanding of these productivity and income differences. The framework breaks GDP per capita …
Persistent link: https://www.econbiz.de/10005650205