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. In this article, as part of the symposium on total factor productivity, Timothy C. Sargent and Edgard R. Rodriquez of … Finance Canada discuss the issue of the choice between labour and total factor productivity. They conclude that both measures … have uses. For periods of less than a decade, labour productivity is the preferred measure, but for longer periods total …
Persistent link: https://www.econbiz.de/10005650242
The slower productivity growth in Canada relative to that experienced in the United States in the second half of the … development. A key issue is whether this slower productivity growth is broadly-based, which would imply a societal … productivity growth in Canada and the United States in the 1990s. They find that the productivity growth gap in the 1990s at both …
Persistent link: https://www.econbiz.de/10005518950
Measurement of productivity in the service sector has always represented a challenge for economists. "Productivity in … the U.S. Services Sector: New Sources of Economic Growth", by Jack Triplett and Barry Bosworth from the Brookings …
Persistent link: https://www.econbiz.de/10005518956
The foundation for real income growth is productivity growth. This basic principle of economics is well illustrated in … with the United States can be accounted for by our slower labour productivity growth. In the first half of the period our … of productivity growth in the United States after 1995 was responsible for our relative deterioration in living standards …
Persistent link: https://www.econbiz.de/10005518960
acceleration in per capita GDP reflects an acceleration in employment rate growth, not in productivity growth. The main policy … countries. He finds that Ireland has experienced a long-term productivity boom over the last 25 years and that the recent …
Persistent link: https://www.econbiz.de/10005518962
policies fostering technology transfer provide countries with the ability to converge to the productivity growth rate of the … important drivers of productivity growth; and that competition policy can actually spur innovation and hence growth through a …In recent years, our understanding of the sources of growth has been strongly influenced by endogenous growth theory …
Persistent link: https://www.econbiz.de/10005518972
the macroeconomic perspective in the analysis of productivity growth. He believes that the golden age of productivity …This article, by Ian A. Stewart, is a review of the recently released Industry Canada research volume Productivity … the volume represents an important contribution to the productivity literature in Canada. He points out that data and …
Persistent link: https://www.econbiz.de/10005518975
.S. productivity levels during the postwar period and finds strong evidence for this phenomenon up to 1990, with rapid growth in … the 1990s, reflecting slower growth in OECD countries, a diminishing of the forces behind the convergence process given … the narrowing of the productivity gap with the United States, and perhaps most important, the acceleration of productivity …
Persistent link: https://www.econbiz.de/10005518976
behind slow productivity growth in Canada in the second half of the 1990s, in marked contrast to the acceleration of … concludes that the balance of evidence now favours an acceleration of trend labour productivity growth to the 2-2.5 per cent per … productivity in the United States, and discusses the prospects for trend productivity in Canada over the next decade or two. It …
Persistent link: https://www.econbiz.de/10005518977
Living Standards. It points out that there now appears to be a renaissance in productivity growth in the U.S. service sector … large productivity gains in a wide range of service industries. …
Persistent link: https://www.econbiz.de/10005518980