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This paper re-examines the dynamic casual nexus among real manufacturing wage rate, labour productivity and real GDP growth. Data from 1987 Q1 through 2011 Q2 are utilised by implementing the fairly standard cointegration methodology in a trivariate setting. All three variables are...
Persistent link: https://www.econbiz.de/10010669651
This paper examines the extent to which multinational firms operating in the United States, through their locational investments, prefer more rural states over more urban states. Using state-level data for 2000 and using OLS, it was determined that such firms do prefer more rural states....
Persistent link: https://www.econbiz.de/10008538867
This paper examines the extent to which multinational firms operating in the United States, through their locational investments, prefer more rural states over more urban states. Using state-level data for 2000 and using OLS, it was determined that such firms do prefer more rural states....
Persistent link: https://www.econbiz.de/10005225823
Persistent link: https://www.econbiz.de/10004998669
The author reviews the book Information Technology and the American Growth Resurgence by Dale Jorgenson, Mun Ho, and Kevin Stiroh, which provides a detailed analysis of the remarkable rebound in productivity and output growth in the last decade. He notes that the book can be considered a...
Persistent link: https://www.econbiz.de/10005292736
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
This eighth issue of the International Productivity Monitor produced by the Centre for the Study of Living Standards contains eight articles. Topics covered are: a progress report on endogenous growth theory; recent productivity developments in Canada and the United States; monetary policy in...
Persistent link: https://www.econbiz.de/10005481849
In this article, Someshwar Rao, Jiamin Tang and Weimin Wang of Industry Canada examine the impact of capital accumulation on Canada's recent productivity record. A key finding is that the widening of the Canada-U.S. labour productivity gap in both the business sector and in manufacturing in the...
Persistent link: https://www.econbiz.de/10005481853
The living standards in Canada, defined as real GDP per capita, declined relative to those in the United States in the 1990s. A key challenge facing Canadians is the reversal of this situation. In this article, Andrew Sharpe of the Centre for the Study of Living Standards develops a framework...
Persistent link: https://www.econbiz.de/10005481861
This report aims to accomplish three objectives: provide an assessment of Canada’s productivity performance; provide a synthesis of the productivity studies conducted by the Centre for the Study of Living Standards (CSLS) and the McKinsey Global Institute; and develop a framework for unbundling...
Persistent link: https://www.econbiz.de/10008489041