The paper investigates how changes in industries'' funding costs affect total factor productivity (TFP) growth. Based …

total factor productivity premium of 11-28 percent. The data do not allow testing of whether these premiums are caused by … data, we cannot disentangle its effect on productivity from those of more traditionally recognized channels of …

and nature of industrial restructuring in Canada. The implications of industrial restructuring for the medium- and long … productivity may represent a cyclical phenomenon rather than a permanent increase in the rate of growth of productivity …

productivity in Canada. The North American Free Trade Agreement (NAFTA) and its predecessor, the Canada-U.S. Free Trade Agreement …This paper examines the effect of the major Canada-U.S. trade agreements on the dynamics of business cycles and … business cycles in Canada and the United States since the early 1980s, country-specific and idiosyncratic factors remain …

This paper assesses productivity trends in Canada vis-a-vis the United States from two perspectives. The first one is … underlying cause of the pickup in productivity in Canada and the narrowing of the productivity gap with the United States … based on estimates of total factor productivity. The second one decomposes productivity growth into two sources: investment …

The paper investigates how changes in industries'' funding costs affect total factor productivity (TFP) growth. Based … distort the allocation of factors across firms even within an industry, reducing its TFP. The decline in productivity growth …