Disarmed and Disadvantaged: Canada’s Workers Need More Physical Capital to Confront the Productivity Challenge
AbstractCanadian workers have enjoyed less robust investment in plant and equipment than their counterparts in the United States and other major developed countries over the past 15 years. And notwithstanding Canada’s relative economic resilience through the recent slump, the per-worker investment gap vis-à-vis other countries appears to have widened. The authors say if this pattern continues, Canadian businesses will continue equipping their workers less well than those in other countries, a setback in the quest for rising living standards in the coming expansion.
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Bibliographic InfoPaper provided by C.D. Howe Institute in its series e-briefs with number 107.
Length: 7 pages
Date of creation: Oct 2010
Date of revision:
Publication status: Published on the C.D. Howe Institute website, October 2010
Economic Growth and Innovation; Canadian workers; business investment per worker;
Find related papers by JEL classification:
- E22 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-10-30 (All new papers)
- NEP-BEC-2010-10-30 (Business Economics)
- NEP-MAC-2010-10-30 (Macroeconomics)
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