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Roads, railways, bridges, water systems, power plants, telecommunication facilities, ports and airports are components of the infrastructure that are vital to the economic activity. Recently, the notion of infrastructure has become an important item of the Canadian public policy debate. This...
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The overall growth of government-owned infrastructure has been very similar across most regions over the past 44 years. With the exception of the Atlantic Provinces, the range of average annual capital growth from one region to the next has been very narrow, falling between 1.8% and 2.2% since...
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This paper quantifies the contribution of public capital to productivity growth in the Canadian business sector. The approach developed here incorporates demand and supply forces, including the contribution of public capital, which may affect productivity performance. We estimate the model using...
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