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Australia has historically been Canada's poorer cousin. But a pick-up in productivity growth in the 1990s has raised Australian living standards to Canadian levels. In this article, Dean Parham of the Australian Productivity Commission provides an overview of Australian economic performance and...
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Productivity research is Canada has traditionally focused on narrow economic issues. In our view, it has given inadequate attention to the broader ramifications of productivity, both in terms of shedding light on the importance of productivity for the advancement of various aspects of social...
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Business sector productivity growth is central to Canadians' future prosperity. This article reviews the performance of the Canadian business sector in improving labour and multifactor productivity and examines possible factors underlying recent developments. The article links weak multifactor...
Persistent link: https://www.econbiz.de/10005518990
Labour productivity growth in the Canadian business sector has averaged less than 1.0 percent since 2000, more than 40 percent below the average growth rate during 1981-2000. On the other hand, labour productivity growth accelerated in the U.S. in the post-2000 period compared to the average...
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In the medium to long run, the growth of real income depends largely on productivity growth. Australia’s trend productivity growth declined noticeably in the 2000s compared with the period of strong growth in the 1990s. However, the effect of the decline in productivity growth on per capita...
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The purpose of this paper is to provide a thorough discussion of the definitional and data issues associated with the measurement of aggregate labour productivity growth in Canada and the United States. The paper examines all data sources for output, employment and hours estimates in the two...
Persistent link: https://www.econbiz.de/10005481831
The objective of this report is to evaluate the impact of the oil and gas industry on labour productivity growth in Canada since 2000 through an exploration of the various channels, both direct and indirect, by which the oil and gas sector affects aggregate productivity. The report sheds light...
Persistent link: https://www.econbiz.de/10011165242