foreign (U.S.) influences (the law of one price), as opposed to domestic factors (i.e., labour, energy costs and productivity … and the law-of-one-price rule: both domestic factors (such as input prices and productivity) and foreign factors (such as …. (3) Industry differences exist. Domestic prices respond more to productivity changes in industries where competition is …

Labour productivity growth in the Canadian business sector slowed substantially after 2000. Most of the slowdown … and a slowdown in export growth. The paper finds that at least half of the slowdown in aggregate productivity growth is … because of the pro-cyclical nature of productivity growth arising from capacity utilization. Almost all of the aggregate …

costs, and productivity growth). It finds that both forces exert important influences on Canadian prices. The responses …

relative productivity growth are the two most important factors influencing changes in relative Canada/US prices. Competitive … pressures emanating from trade are important determinants of the extent to which relative productivity differences are passed …

exchange rate. We find that relative factor input costs and relative productivity growth are the two most important factors … extent to which relative productivity differences are passed through to cross-country relative prices in the manufacturing …