Estevão, Marcello; Tsounta, Evridiki - In: International Productivity Monitor 20 (2010) Fall, pp. 3-21
This study investigates the impact of the current financial crisis on Canada’s potential GDP growth. Using a simple … accounting framework to decompose trend GDP growth into changes in capital, labour services, and total factor productivity, we … find a sizeable drop in Canadian potential growth rate in the short term. The estimated decline of about 1 percentage point …