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The purpose of this paper is to provide a thorough discussion of the definitional and data issues associated with the measurement of aggregate labour productivity growth in Canada and the United States. The paper examines all data sources for output, employment and hours estimates in the two...
Persistent link: https://www.econbiz.de/10005481831
In this chapter, William Scarth examines the relationship between population aging, productivity and growth in living standards and reaches a more optimistic conclusion about the effects of aging on productivity. Indeed, he finding that aging may in fact lead to increases in productivity, even...
Persistent link: https://www.econbiz.de/10005650209
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, Peter Dungan investigates the sensitivity of Canadian government fiscal balances to alternative long-run productivity growth rates using elements of the FOCUS macroeconometric model to conduct simulations on a 'base-case' projection of the Canadian economy, and of its fiscal...
Persistent link: https://www.econbiz.de/10005518916
In recent years, interest in aggregate or composite indicators of economic and social well-being at the community, national and international levels has grown greatly. For example, the release each year of the United Nations?Human Development Index (HDI) generates considerable media interest,...
Persistent link: https://www.econbiz.de/10005292733
This paper develops an Index of Economic Well-being (IEWB) for the United States, the United Kingdom, Canada, Australia, Germany, Norway and Sweden for the period 1980 to 2001 which recognizes four components: Current effective per capita consumption flows; Net societal accumulation of stocks of...
Persistent link: https://www.econbiz.de/10005481840
The objective of this paper is to document the evolution of the Canada-U.S. labour productivity gap and to offer an explanation of why Americans have been and continue to be, on average, more productive than Canadians. This focus on relative productivity levels is in contrast to the typical...
Persistent link: https://www.econbiz.de/10005481842
In this chapter, Lars Osberg and Andrew Sharpe provide an overview of trends in a number of dimensions of economic well-being (consumption flows, stocks of wealth, income equality, and economic security) from the lens of the Index of Economic Well-being, a new composite measure of economic...
Persistent link: https://www.econbiz.de/10005650207
The report uses an aggregate index, based on security from the economic risks imposed by four key factors – unemployment, illness, old age, and single parenthood – to examine trends in economic security in Nova Scotia from 1981 to 2007. It concludes that economic security in Nova Scotia...
Persistent link: https://www.econbiz.de/10005650214
To achieve efficient allocation of resources in the health care sector, accurate measures of health care output and productivity are essential. According to official estimates of productivity produced by Statistics Canada, labour productivity in the business sector of the health care (excluding...
Persistent link: https://www.econbiz.de/10005518933