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Interpreting Canada's Productivity Performance in the Past Decade: Lessons from Recent Research

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    Abstract

    Dion examines the evolution of Canadian productivity since the mid-1990s, using the United States as a benchmark. During this period, trend productivity growth in Canada remained modest, whereas the U.S. witnessed a strong resurgence. Among the factors identified as potential root causes of Canada's lower productivity performance are a lower investment in information and communications technology, reallocation and adjustment costs associated with large relative price movements, and a weak demand for innovation.

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    File URL: http://www.bankofcanada.ca/wp-content/uploads/2010/06/dion.pdf
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    Bibliographic Info

    Article provided by Bank of Canada in its journal Bank of Canada Review.

    Volume (Year): 2007 (2007)
    Issue (Month): Summer ()
    Pages: 19-32

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    Handle: RePEc:bca:bcarev:v:2007:y:2007:i:summer07:p:19-32

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    Cited by:
    1. Jean-Francois Arsenault & Andrew Sharpe, 2008. "An Analysis of the Causes of Weak Labour Productivity Growth in Canada since 2000," International Productivity Monitor, Centre for the Study of Living Standards, vol. 16, pages 14-39, Spring.

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