Shao, Lin; Tang, Rongsheng - 2021 - Last updated: January 7, 2021
This paper evaluates the contribution of allocative efficiency to the aggregate productivity growth in Canada and the … US. In particular, we are interested in explaining two puzzling facts: 1) the slowdown in productivity growth during the … 1970s and the 2000s in the US, and 2) the widening Canada-US productivity gap since the middle of the 1980s. We extend the …