In this paper we explore variables that may have an impact on multifactor productivity (MFP) in the long-run using the … KLEMS database for Canada. We estimate a dynamic heterogeneous panel error-correction model of twelve 2-digit level … level of industry MFP. The speed of adjustment varies significantly by industry. -- Productivity …

as they change jobs, voluntarily or involuntarily. The model, calibrated to the United States and Canada, accounts for … one-third of the firmsize wage premium. Regarding the earnings gap between Canada and the United States, the model finds … that it is solely due to differences in labor market uncertainty. -- Economic models ; Labour markets ; Productivity …

account for half of the Canada-U.S. labour productivity gap in manufacturing. -- Productivity …This paper examines the relationship between firm size and productivity. In contrast to previous studies, this paper … distribution of employment over firm size categories has affected Canadian aggregate productivity, and whether differences in the …

In Canada, temporary workers account for 14 per cent of jobs in the non-farm business sector, are present in a range of … costly labour adjustment and temporary workers. The calibrated model captures some features of job reallocation in Canada … workers are not accounted for. -- Labour markets ; Productivity …

plant's placement within the productivity distribution. Appreciations of the local currency expose domestic plants to more … plants are forced from the market, which truncates the lower end of the productivity distribution. For surviving plants …, appreciations can lead to a reduction in plant size, which, in the presence of scale economies, can lower productivity. We examine …

output gap), as well as through persistent supply side effects (affecting trend growth). We estimate this model for Canada … economically small. -- Economic models ; Interest rates ; Transmission of monetary policy ; Productivity ; Potential output …

most recent data available. It examines the determinants of these flows and their relationship with the productivity growth …, shifts of employment labour between industries have generally not contributed positively to aggregate labour productivity … rates within industries are found to be strongly related to multifactor productivity and labour productivity growth at the …

productivity observed in the Canadian economy. The paper performs a decomposition of the labor factor for Canada and the United … relative increase in effective labor taxes in Canada. -- Labour markets ; Potential output ; Productivity … growth model with macroeconomic variables observed in the data. The paper finds that total factor productivity and the …

-down approach of Diewert and Yu (2012). Inputs and outputs are measured and used to estimate the quarterly total factor productivity …

This paper evaluates the contribution of allocative efficiency to the aggregate productivity growth in Canada and the … 1970s and the 2000s in the US, and 2) the widening Canada-US productivity gap since the middle of the 1980s. We extend the … US’s productivity slowdown and more than one-third of the widening Canada-US productivity gap. The allocation of capital …