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We study the productivity-pay relationship in the United States and Canada along two dimensions. The first is … divergence: the degree to which the levels of productivity and pay have diverged. The second is delinkage: the degree to which … incremental increases in the rate of productivity growth translate into incremental increases in the rate of growth of pay …
Persistent link: https://www.econbiz.de/10012794576
This paper discusses a portion of our work linking data on the agriculture sector in the United States and Canada. The … purpose of this work is to explore the evolution of gains in agricultural productivity in the two countries during the post …
Persistent link: https://www.econbiz.de/10012477315
the productivity growth slowdowns experienced by most industrialized countries during that decade.The contention is that … measured output. Thus conventional productivity measures will be biased downward when such regulations are imposed. In this …" capital and then use this framework to devleop an adjustment to nonparametric measures of productivity growth, purging them of …
Persistent link: https://www.econbiz.de/10012477316
correct for this source of productivity change would have led to a 31% under estimate of long-run TFP growth in Canada arid a …In this paper we calculate and analyze the automobile industries cost and productivity experience during the 1970 's in … Canada, the U.S.and Japan. Utilizing an econometric cost function methodology, we are able to isolate the major source of …
Persistent link: https://www.econbiz.de/10012477344
The MACE model of Canada employs a nested production structure in which there is a vintage bundle of capital and energy … structure, it is possible to attribute 30% of the decline in labour productivity between 1973 and 1982, relative to a steady … factor proportions, demand, and profitability in Canada were due to the changes in world oil prices and the parallel changes …
Persistent link: https://www.econbiz.de/10012477914
This paper investigates the relative performance of enterprises backed by government-sponsored venture capitalists and private venture capitalists. While previous studies focus mainly on investor returns, this paper focuses on a broader set of public policy objectives, including value-creation,...
Persistent link: https://www.econbiz.de/10012464618
We weigh into the debate about whether rising productivity is ever a consequence rather than a cause of exporting …. Exporting and investing to raise productivity are complimentary activities. For lower-productivity firms, incurring the fixed … foreign tariffs will induce these firms to simultaneously export and invest in productivity. In contrast, lower foreign …
Persistent link: https://www.econbiz.de/10012465353
A statistical agency faces several challenges in building Productivity Accounts. What started out as a request for … simple ratios of output to employment has moved to a demand for multifactor (total factor) productivity measures that take … productivity measurement. International comparisons of GDP have benefited immensely by the development of international standards …
Persistent link: https://www.econbiz.de/10012467578
productivity residuals in the United States and Canada. Using data on 19 manufacturing industries, we study the behavior of … productivity using three proxies for capital services. We find that adjusting for cyclical movements in capital utilization alters … many of the empirical characteristics of productivity, both within and across countries …
Persistent link: https://www.econbiz.de/10012470243
This paper proposes a new and unified explanation for the following trends observed over the last 25 years: (1) the increased returns to education, (2) the slow measured growth in TFP in an economy undergoing massive changes in its methods of production, and (3) the poor wage performance,...
Persistent link: https://www.econbiz.de/10012471959