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The New Economy and Trend Productivity Growth in Canada

Author

Listed:
  • Andrew Sharpe
  • Leila Gharani

Abstract

Thist article by Andrew Sharpe and Leila Gharani from the Centre for the Study of Living Standards examines the factors behind slow productivity growth in Canada in the second half of the 1990s, in marked contrast to the acceleration of productivity in the United States, and discusses the prospects for trend productivity in Canada over the next decade or two. It concludes that the balance of evidence now favours an acceleration of trend labour productivity growth to the 2-2.5 per cent per year range, as the factors accounting for the U.S. productivity boom finally spill over into Canada.

Suggested Citation

  • Andrew Sharpe & Leila Gharani, 2000. "The New Economy and Trend Productivity Growth in Canada," International Productivity Monitor, Centre for the Study of Living Standards, vol. 1, pages 3-5, Fall.
    • Handle: RePEc:sls:ipmsls:v:1:y:2000:1
    as

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    File URL: http://www.csls.ca/ipm/1/sharpe-1-e.pdf
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    File URL: http://www.csls.ca/ipm/1/sharpe-1-f.pdf
    File Function: version en francais, pp:3-5
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    More about this item

    Keywords

    Productivity; Growth; Canada; United States; Productivity Trends; Acceleration; Post-1995; 1990s; Employment; Labor; Labour; Information Technology; ICT; Investment; NAIRU;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O51 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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