Canadian Firm and Job Dynamics
AbstractTo understand better Canada''s smooth reallocation of labor in response to the recent commodity price boom, but seemingly poor productivity performance, this paper examines job and firm dynamics in Canada relative to the United States. Overall, it finds that while Canada''s labor market efficiency seems comparable to that of the United States, product market rigidities appear to be reducing Canada''s capacity for creative destruction, hence undermining productivity growth.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Working Papers with number 08/31.
Date of creation: 01 Feb 2008
Date of revision:
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-03-01 (All new papers)
- NEP-BEC-2008-03-01 (Business Economics)
- NEP-LAB-2008-03-01 (Labour Economics)
- NEP-TID-2008-03-01 (Technology & Industrial Dynamics)
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