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Contribution of ICT Use to Output and Labour-Productivity Growth in Canada

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  • Hashmat Khan
  • Marjorie Santos

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File URL: http://www.bankofcanada.ca/wp-content/uploads/2010/02/wp02-7.pdf
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Bibliographic Info

Paper provided by Bank of Canada in its series Working Papers with number 02-7.

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Length: 29 pages Abstract: There is ample evidence that information and communication technologies (ICT) contributed significantly to the surge in output and labour-productivity growth in the United States in the late 1990s. Does Canada share the U.S. experience? Has ICT influenced the trend productivity and output growth? Answers to these questions will help improve the Bank’s forecasts of inflationary pressures. This paper examines the first question. A simple growth-accounting exercise suggests that, in contrast to the United States, Canada did not experience an acceleration in the contributions of ICT use to output and labour-productivity growth.
Date of creation: 2002
Date of revision:
Handle: RePEc:bca:bocawp:02-7

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Keywords: Productivity;

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References

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  1. Robert J. Gordon, 2000. "Does the "New Economy" Measure Up to the Great Inventions of the Past?," Journal of Economic Perspectives, American Economic Association, vol. 14(4), pages 49-74, Fall.
  2. Joseph H. Haimowitz, 1998. "Has the surge in computer spending fundamentally changed the economy?," Economic Review, Federal Reserve Bank of Kansas City, issue Q II, pages 27-42.
  3. Hasan Bakhshi & Jens Larsen, 2001. "Investment-specific technological progress in the United Kingdom," Bank of England working papers 129, Bank of England.
  4. Karl Whelan, 2002. "Computers, Obsolescence, And Productivity," The Review of Economics and Statistics, MIT Press, vol. 84(3), pages 445-461, August.
  5. Greenwood, J. & Hercowitz, Z. & Krusell, P., 1996. "Long-Run Implications of Investment-Specific Technological Change," RCER Working Papers 420, University of Rochester - Center for Economic Research (RCER).
  6. Dale W. Jorgenson & Kevin J. Stiroh, 2000. "Raising the Speed Limit: US Economic Growth in the Information Age," OECD Economics Department Working Papers 261, OECD Publishing.
  7. Michael R. Pakko, 2001. "What happens when the technology growth trend changes?: transition dynamics, capital growth and the "new economy"," Working Papers 2001-020, Federal Reserve Bank of St. Louis.
  8. Stiroh, Kevin J, 2002. "Are ICT Spillovers Driving the New Economy?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 48(1), pages 33-57, March.
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Cited by:
  1. Danny Leung, 2004. "The Effect of Adjustment Costs and Organizational Change on Productivity in Canada: Evidence from Aggregate Data," International Productivity Monitor, Centre for the Study of Living Standards, vol. 9, pages 52-61, Fall.
  2. Bart van Ark & Robert Inklaar & Robert H. McGuckin, 2003. "The Contribution of ICT-Producing and ICT-Using Industries to Productivity Growth: A Comparison of Canada, Europe and the United States," International Productivity Monitor, Centre for the Study of Living Standards, vol. 6, pages 56-63, Spring.
  3. Keesookpuna, Chutipong & Mitomob, Hitoshi, 2012. "A developmental framework for ICT and labour productivity in the developing country: A case study of Thailand," 23rd European Regional ITS Conference, Vienna 2012 60378, International Telecommunications Society (ITS).
  4. M. Ayhan Kose & Roberto Cardarelli, 2004. "Economic Integration, Business Cycle, and Productivity in North America," IMF Working Papers 04/138, International Monetary Fund.
  5. Centre for the Study of Living Standards, 2012. "The Impact of Information and Communication Technology on the Productivity of the Canadian Transportation System: A Macroeconomic Approach for the Air and Rail Sectors," CSLS Research Reports 2012-07, Centre for the Study of Living Standards.
  6. Michelle Alexopoulos & Jon Cohen, 2012. "The Effects of Computer Technologies on the Canadian Economy: Evidence from New Direct Measures," International Productivity Monitor, Centre for the Study of Living Standards, vol. 23, pages 17-32, Spring.
  7. Keesookpuna, Chutipong & Mitomob, Hitoshi, 2011. "Examining the relationship of communication service utilisation and productivity of labour in the developing country: A case study of Thailand," 8th Asia-Pacific Regional ITS Conference, Taipei 2011: Convergence in the Digital Age 52329, International Telecommunications Society (ITS).

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