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A New Look at Variation in Employment Growth in Canada: The Role of Industry, Provincial, National and External Factors

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  • Michele Campolieti
  • Deborah Gefang
  • Gary Koop

Abstract

We examine fl‡uctuations in employment growth using Canadian data from 1976 to 2010. We consider a wide range of models and examine the sensitivity of our …findings to modeling assumptions. The results from our most preferred model, which we selected using the Bayesian Information Criteria, indicate that most of the variance in employment growth that is not due to the idiosyncratic error comes from domestic sources, with most of this coming from industry and provincial factors. Overall, we find external and national factors play a much smaller role in employment fluctuations than earlier research. We provide some possible explanations for these differences.

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Paper provided by Lancaster University Management School, Economics Department in its series Working Papers with number 26145565.

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Date of creation: 2013
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Handle: RePEc:lan:wpaper:26145565

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