The Canadian Manufacturing Sector: Adapting to Challenges
AbstractThis paper examines the challenges that the manufacturing sector has faced over the last half century focusing on both long- and short-term performance. It first examines whether there is evidence that this sector is in long-term decline. The paper also investigates how the industry has responded to specific shocks during this period from exchange-rate movements, trade liberalization and business cycles. It finds little evidence of long-term decline. Rather it describes how manufacturing has adapted to varying challenges, whether from demand shifts due to business cycles, relative price shifts associated with exchange rate shocks or changes in tariff regimes.
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Bibliographic InfoPaper provided by Statistics Canada, Analytical Studies Branch in its series Economic Analysis (EA) Research Paper Series with number 2009057e.
Date of creation: 28 Jul 2009
Date of revision:
Business cycles; Business performance and ownership; International trade; Manufacturing;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-08-16 (All new papers)
- NEP-BEC-2009-08-16 (Business Economics)
- NEP-MAC-2009-08-16 (Macroeconomics)
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- Branker, K. & Pearce, J.M., 2010. "Financial return for government support of large-scale thin-film solar photovoltaic manufacturing in Canada," Energy Policy, Elsevier, vol. 38(8), pages 4291-4303, August.
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