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Since 1995, productivity growth has accelerated significantly in the United States. Information technology has always been thought to be the driving force behind this development. In this article by Kevin Stiroh of the Federal Reserve Bank of New York provides strong empirical support for this...
Persistent link: https://www.econbiz.de/10005481855
finding that emerges from their research is the difference between labour productivity levels measured in terms of output per … person employed and per hour. By the former measure, the United States has by a wide margin the highest level of labour …
Persistent link: https://www.econbiz.de/10005481863
This seventh issue of the International Productivity Monitor produced by the Centre for the Study of Living Standards contains seven articles. Topics covered include the long-run economic performance and prospects in Canada, the impact of capital accumulation on productivity growth in Canada,...
Persistent link: https://www.econbiz.de/10005650225
economic boom and lessons for other countries; productivity trends in OECD countries; international comparisons of labour …
Persistent link: https://www.econbiz.de/10005650233
This the inaugural issue of the International Productivity Monitor, a new publication produced by the Ottawa-based Centre for the Study of Living Standards (CSLS). The objective of the Monitor is to focus atttention on the importance of productivity for improving living standards and quality of...
Persistent link: https://www.econbiz.de/10005650237
This sixth issue of the International Productivity Monitor produced by the Centre for the Study of Living Standards contains seven articles. Topics covered are lessons for Canada from the U.S. growth resurgence; the factors explaining higher productivity levels in the United States than in Canada;...
Persistent link: https://www.econbiz.de/10005650241
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 … factor productivity is superior. When capital stock estimates are of poor quality, it is better to use labour productivity. …
Persistent link: https://www.econbiz.de/10005650242
used in OECD countries; and difference in GDP per capita trends reflect differences in labour utilization, with the United …
Persistent link: https://www.econbiz.de/10005650245
The fourth issue of the International Productivity Monitor produced by the Centre for the Study of Living Standards contains five articles. Topics covered are: recent productivity developments in the United States and Canada and implications for the Canada-U.S. productivity and income gaps; the...
Persistent link: https://www.econbiz.de/10005650247
. The interaction of quantitative restriction policies and inflexible labour laws resulted in lower than optimal materials … underutilization of materials compared to labour until recently, and this sub-optimal materials per worker usage lowered productivity …
Persistent link: https://www.econbiz.de/10008783781