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This article addresses the question of why productivity growth in Indian manufacturing was slow in the pre …-reform period and analyzes how economic reforms in the 1990s accelerated productivity growth. The answer lies in two subtle but … important distortion-inefficiency mechanisms, which affected productivity growth by distorting intermediate input allocation …
Persistent link: https://www.econbiz.de/10008783781
growth and levels at the market sector, two-digit, and three-digit NAICS industry level for the Canadian provinces during the … growth in Canada after 2000. It identifies manufacturing as the sector that has accounted for most of the slowdown. Within …’s share of the sector’s fall-off in labour productivity growth. Ontario was the province that contributed proportionately the …
Persistent link: https://www.econbiz.de/10008783782
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 …
Persistent link: https://www.econbiz.de/10008783783
The marked acceleration of Finnish productivity growth since the mid-1980s is attributable to intensifying creative …
Persistent link: https://www.econbiz.de/10008783785
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
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
In this article, as part of the symposium on total factor productivity, Erwin Diewert of the University of British Columbia provides a comprehensive discussion of what is needed to develop reliable measures of total factor productivity in terms of output and the different classes of inputs. He...
Persistent link: https://www.econbiz.de/10005518958
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 …
Persistent link: https://www.econbiz.de/10005518962
article concludes that the book will be required reading for all economists interested in long-run economic growth trends and …
Persistent link: https://www.econbiz.de/10005518964