Disarmed and Disadvantaged: Canada’s Workers Need More Physical Capital to Confront the Productivity Challenge
Canadian workers have enjoyed less robust investment in plant and equipment than their counterparts in the United States and other major developed countries over the past 15 years. And notwithstanding Canada’s relative economic resilience through the recent slump, the per-worker investment gap vis-à-vis other countries appears to have widened. The authors say if this pattern continues, Canadian businesses will continue equipping their workers less well than those in other countries, a setback in the quest for rising living standards in the coming expansion.
|Date of creation:||Oct 2010|
|Publication status:||Published on the C.D. Howe Institute website, October 2010|
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- Sala-i-Martin, Xavier, 1997.
"I Just Ran Two Million Regressions,"
American Economic Review,
American Economic Association, vol. 87(2), pages 178-183, May.
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