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Investment is one of the main drivers of productivity growth, which is the key determinant of living standards in the … labour productivity, as was the case in the last 25 years. Weak labour productivity growth in BC would in turn translate into …
Persistent link: https://www.econbiz.de/10005481827
This report looks at how the economic crisis has unfolded in Canada and what will be the impacts on economic wellbeing. The shortfall is estimated to be approximately $12,000 ($2007) per capita. In other words, given no economic crisis, GDP per capita in Canada would have likely been $1,736...
Persistent link: https://www.econbiz.de/10008489035
This paper, which represents the living standards domain of the new Canadian Index of Wellbeing, provides a comprehensive overview of trends in a number of indicators of living standards over the 1981-2008 period in Canada. Part one examines trends in average and median income and wealth...
Persistent link: https://www.econbiz.de/10004985516
A brief analysis of British Columbia’s productivity performance and the state of the drivers of this performance …
Persistent link: https://www.econbiz.de/10005650215
The most direct mechanism by which labour productivity affects living standards is through real wages, that is, wages … labour productivity rose 37 per cent. This report analyzes the reasons for this situation. It identifies four factors of …; and measurement issues. This report also explores the relationship between labour productivity and real wages by province …
Persistent link: https://www.econbiz.de/10005650221