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The Economists' Manifesto for Curing Ailing Canadian Productivity

Author

Listed:
  • Don Drummond

Abstract

This article summarizes the elements that are in common in most economists' recommendations on how to raise productivity in Canada. Some of the recommendations require governments to tackle issues such as removing interprovincial trade barriers and reforming employment insurance where firmly established interests would be rocked. The private sector would have to shed some complacency. But the pay-offs would be enormous. Economists have come together impressively on an action plan to raise productivity, now they need to hone their communications skills to convince the country to swallow the prescribed medicine.

Suggested Citation

  • Don Drummond, 2006. "The Economists' Manifesto for Curing Ailing Canadian Productivity," International Productivity Monitor, Centre for the Study of Living Standards, vol. 13, pages 21-26, Fall.
    • Handle: RePEc:sls:ipmsls:v:13:y:2006:2
    as

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    File URL: http://www.csls.ca/ipm/13/IPM-13-drummond-e.pdf
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    File URL: http://www.csls.ca/ipm/13/IPM-13-drummond-f.pdf
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    Citations

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    Cited by:

    1. Mathieu Dufour & Ellen Russell, 2015. "Why Isn't Productivity More Popular? A Bargaining Power Approach to the Pay/Productivity Linkage in Canada," International Productivity Monitor, Centre for the Study of Living Standards, vol. 28, pages 47-62, Spring.
    2. Michael J. Harper & Alice O. Nakamura & Lu Zhang, 2012. "Difficulties Assessing Multifactor Productivity for Canada," International Productivity Monitor, Centre for the Study of Living Standards, vol. 24, pages 76-84, Fall.
    3. Petr Hanel, 2007. "Skills required for innovation: A review of the literature," Cahiers de recherche 07-23, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
    4. Andrew Sharpe, 2007. "Three Policies to Improve Productivity Growth in Canada," CSLS Research Reports 2007-05, Centre for the Study of Living Standards.
    5. Don Drummond, 2015. "Progress on the Mystery of Productivity: A Review Article on the OECD Report 'The Future of Productivity'," International Productivity Monitor, Centre for the Study of Living Standards, vol. 29, pages 83-88, Fall.

    More about this item

    Keywords

    Productivity; Policy recommendations; Trade barriers; Employment Insurance; Private sector; Communications.;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • H00 - Public Economics - - General - - - General
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education

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