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I discuss reasons why manufacturing productivity statistics should be interpreted with caution in light of the recent growth of domestic and foreign outsourcing and offshoring. First, outsourcing and offshoring are poorly measured in U.S. statistics, and poor measurement may impart a significant...
Persistent link: https://www.econbiz.de/10003427043
This paper asks how the performance of self-employed unincorporated businesses affects the size of the gap in labour productivity between Canada and the United States. To do so, the business sector in each country is divided into unincorporated and corporate businesses, and estimates of labour...
Persistent link: https://www.econbiz.de/10013121016
This paper has three main objectives. First, it examines the level of multifactor productivity (MFP) in Canada relative to that of the United States for the 1994-to-2003 period. Second, it examines the relative importance of differences in capital intensity and MFP in accounting for the labour...
Persistent link: https://www.econbiz.de/10013154079
This paper compares long-run growth in labour productivity in Canada and the United States from 1961 to 2006. Over the entire period labour productivity in both countries grew at about the same rate. But Canadian growth exceeded that of the United States up to the early 1980s. Since then, U.S....
Persistent link: https://www.econbiz.de/10013154249
This paper examines the impact of the revisions to labour productivity estimates and related variables covering the revision cycle of the National Accounts from 2003 to 2006 for Canada and from 2004 to 2006 for the United States
Persistent link: https://www.econbiz.de/10013154252
This study is the third in a series related to the project launched in the fall of 2003 by the Canadian Productivity Accounts of Statistics Canada in order to compare productivity levels between Canada and the United States. The study's purpose is to examine the comparability of the components...
Persistent link: https://www.econbiz.de/10013154257
In the paper, productivity convergence is analyzed with a broad panel of industry sector data for the United States and … Germany for 1960-1990. The time-series/cross-sectoral data set allows to investigate country-specific convergence, and to …-up is due to capital-deepening, but most of it is total factor productivity convergence, i.e. endogenous growth models …
Persistent link: https://www.econbiz.de/10010332098
This paper studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of the U.S. at the macroeconomic level. The stochastic possibility frontiers approach of Battese and Coelli (1992) applied here is used to identify neutralities or non-neutralities...
Persistent link: https://www.econbiz.de/10010264965
In the paper, productivity convergence is analyzed with a broad panel of industry sector data for the United States and … Germany for 1960-1990. The time-series/cross-sectoral data set allows to investigate country-specific convergence, and to …-up is due to capital-deepening, but most of it is total factor productivity convergence, i.e. endogenous growth models …
Persistent link: https://www.econbiz.de/10009542183
Persistently rising energy prices have revived interest in the economic impact of changing energy costs. We explore the effects of these costs on sectoral change, particularly in relation to the rise and future prospects of the "service economy". Following Baumol's cost disease hypothesis,...
Persistent link: https://www.econbiz.de/10009530725