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growth through capital accumulation. This paper contributes to this literature. As opposed to the previous studies, which …, and tests of Granger non-causality are performed within the estimated systems. The main results show that the causal … chains linking saving and output differ across countries, and also that causality associated with adjustments to long …
Persistent link: https://www.econbiz.de/10011587110
Persistent link: https://www.econbiz.de/10011626366
Persistent link: https://www.econbiz.de/10012284605
The stated purpose of the antidumping laws is to prevent unfair trade and to punish foreign producers for predatory pricing. The practical effect, however, is to prevent foreign producers from selling their products in a domestic market, even when pricing has not been abnormally low or...
Persistent link: https://www.econbiz.de/10012980619
The U.S. steel industry has a long history of being protected, first when it was an infant industry in 1791 and later as it became a mature industry and needed breathing room to allow it to restructure so that it could compete against more efficient foreign producers. In recent years the steel...
Persistent link: https://www.econbiz.de/10012980620
The Canadian service sector has performed well in recent years in terms of labour and multifactor productivity growth … sector. Service sector labour productivity growth has also shown a marked acceleration in both Canada and the United States … Canadian success story. The sources of the acceleration in service sector labour productivity growth were different in the two …
Persistent link: https://www.econbiz.de/10005518937
The slower productivity growth in Canada relative to that experienced in the United States in the second half of the … development. A key issue is whether this slower productivity growth is broadly-based, which would imply a societal … productivity growth in Canada and the United States in the 1990s. They find that the productivity growth gap in the 1990s at both …
Persistent link: https://www.econbiz.de/10005518950
Both ICT-producing and ICT-using industries have contributed disproportionately to labour productivity growth in the …-using industries to productivity growth. In the 1995-2000 period, the contribution of ICT-producing industries to labour productivity … growth was similar in Canada and the Europe, but only half that in the United State. In terms of the contribution of ICT …
Persistent link: https://www.econbiz.de/10005518955
The foundation for real income growth is productivity growth. This basic principle of economics is well illustrated in … with the United States can be accounted for by our slower labour productivity growth. In the first half of the period our … of productivity growth in the United States after 1995 was responsible for our relative deterioration in living standards …
Persistent link: https://www.econbiz.de/10005518960
.S. productivity levels during the postwar period and finds strong evidence for this phenomenon up to 1990, with rapid growth in … the 1990s, reflecting slower growth in OECD countries, a diminishing of the forces behind the convergence process given …
Persistent link: https://www.econbiz.de/10005518976