Business Sector Productivity in Canada: What Do We Know?
AbstractBusiness sector productivity growth is central to Canadians' future prosperity. This article reviews the performance of the Canadian business sector in improving labour and multifactor productivity and examines possible factors underlying recent developments. The article links weak multifactor productivity growth in the Canadian business sector to the weak innovation performance of Canadian firms. The conclusion to this article describes a research program that Industry Canada, in conjunction with others, is carrying out. The research program seeks to identify the reasons for Canada's poor innovation and productivity performance, in order to shed light on actions that can be undertaken to improve productivity growth.
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Bibliographic InfoArticle provided by Centre for the Study of Living Standards in its journal International Productivity Monitor.
Volume (Year): 16 (2008)
Issue (Month): (Spring)
Find related papers by JEL classification:
- O12 - Economic Development, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
- O21 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O51 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
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