The Paradox of Market-Oriented Public Policy and Poor Productivity Growth in Canada
AbstractIn recent decades, governments in Canada have pursued market-oriented policies at both the macro and micro levels. Economists believe that such policies should foster productivity growth. Since 2000, however, productivity growth in Canada has been dismal, much below that in the United States and below Canada’s historical trend. The objective of this report is to attempt to explain the paradox of productivity-enhancing public policies and the continuation of poor productivity performance. The report finds that the high degree of market orientation of public policy that already exists in Canada suggests that the productivity-enhancing effects of further liberalization may be quite small.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Centre for the Study of Living Standards in its series CSLS Research Reports with number 2010-01.
Date of creation: Feb 2010
Date of revision:
Find related papers by JEL classification:
- O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
- O51 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
- J00 - Labor and Demographic Economics - - General - - - General
- E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
This paper has been announced in the following NEP Reports:
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Andrew Sharpe, 2010. "Can Sectoral Reallocations of Labour Explain Canada’s Absymal Productivity Performance?," International Productivity Monitor, Centre for the Study of Living Standards, vol. 19, pages 40-49, Spring.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Whitney Hamilton) The email address of this maintainer does not seem to be valid anymore. Please ask Whitney Hamilton to update the entry or send us the correct address.
If references are entirely missing, you can add them using this form.