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Comparisons of Canada’s economy to that of the United States are done for several purposes. On the one hand, analysts … are interested in whether there is an output gap between the two countries — whether Canada is as well off as the United … countries. On the other hand, analysts ask whether there is a productivity gap — whether Canada is equally efficient in …
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This study creates estimates of GDP per capita for Canada from 1688 to 1790 in order to evaluate Canadian growth before … the 19th century and generate international comparisons of living standards. These estimates show that Canada experienced … little growth during the period and growth reversals were frequent. The income-based comparisons reveal that Canada was …
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Estimates of potential output growth for Australia, the United States and Canada are presented and analysed in this … growth. In Canada and the United States the SIRGs are closer to 3 per cent, and we explore the reasons why potential growth …
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The theory of state capacity predicts that states with powerful abilities - as long as they are constrained - can promote economic growth. Many scholars argue that post offices historically approximate state capacity and that they can be used to evaluate the state’s ability to promote...
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