Showing 1 - 10 of 15
Can regulation solve problems arising from a natural monopoly? This paper analyzes whether “unbundling,” referring to regulations that enforce sharing of natural monopolistic infrastructure, prevents entrants from building new infrastructure. It models and estimates a dynamic entry game to...
Persistent link: https://www.econbiz.de/10010849945
), provides a separate analysis of trend labour input and trend labour productivity, and in doing so accounts for more long …
Persistent link: https://www.econbiz.de/10011253083
In Canada, temporary workers account for 14 per cent of jobs in the non-farm business sector, are present in a range of industries, and account for 40 per cent of the total job reallocation. Yet most models of job reallocation abstract from temporary workers. This paper evaluates the importance...
Persistent link: https://www.econbiz.de/10008694042
While the service sector has been growing rapidly as a share of total output, aggregate productivity growth has … service sector productivity growth. Measurement problems appear to be greater in services than in goods, and a detailed … analysis of output measurement in the three service industries experiencing the lowest productivity growth suggests that …
Persistent link: https://www.econbiz.de/10005673346
Treating imports as intermediate inputs to domestic production, the author adopts the translog function approach to model real gross domestic income (GDI) in Canada over the 1961-2006 period. She explores the role of price ratios, such as terms of trade and the real effective exchange rate, in...
Persistent link: https://www.econbiz.de/10005808275
explicitly related to the trend of labour force productivity and of the participation rate. These two variables have been … of labour force productivity and the participation rate. Furthermore, since 1995, the growth rate of potential GDP has … been clearly above its historical average because of an increase in the trend of productivity and, to a lesser degree, in …
Persistent link: https://www.econbiz.de/10005808276
Persistent link: https://www.econbiz.de/10005808291
Persistent link: https://www.econbiz.de/10005808338
Persistent link: https://www.econbiz.de/10005808347
This paper analyzes the short-run dynamic process of inflation in Canada and examines whether a systematic variation in the relationship between inflation and output can be detected over time. In the theoretical literature, different models of price-setting behaviour predict that the slope of...
Persistent link: https://www.econbiz.de/10005808381