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The waning of the commodity boom places renewed emphasis on manufacturing as an engine for Canadian growth. However, Canadian manufacturing exports have been relatively stagnant since 2000. While the exchange rate depreciation over the past two years has energized export growth, the response has...
Persistent link: https://www.econbiz.de/10011715425
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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 …
Persistent link: https://www.econbiz.de/10014400637
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 …
Persistent link: https://www.econbiz.de/10014403518
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 …
Persistent link: https://www.econbiz.de/10014404315
The paper investigates how changes in industries'' funding costs affect total factor productivity (TFP) growth. Based …
Persistent link: https://www.econbiz.de/10014398575
We construct a new, comprehensive instrument-level database of sovereign debt for 18 advanced and emerging countries over the period 1913-46. The database contains data on amounts outstanding for some 3,800 individual debt instruments as well as associated qualitative information, including...
Persistent link: https://www.econbiz.de/10012122695
time, industry-level analysis suggests ample scope to raise productivity, especially in services where productivity gains …
Persistent link: https://www.econbiz.de/10012604751
Persistent link: https://www.econbiz.de/10012605015
the growth in labor. If GDP is divided by labor, productivity growth appears to have been slower than in peers. This … chapter discusses both exogenous and endogenous factors behind the disappointing productivity growth in the Netherlands and …
Persistent link: https://www.econbiz.de/10012300638