Demographic Trends, Labour Force Participation, and Long-term Growth
Rapid population growth ceased in Canada when the baby boom ended, and gave way to the baby bust; rapid labour force growth lasted for another two decades. As the century closes growth has become much more dependent on immigration. This paper reviews the consequences of the boom-bust sequence for the age distribution of the population and labour force since the 1950s, and provides measures of labour productivity growth over that period. It considers also the implications of three alternative projections extending to 2036, and calculates for each the productivity growth that would be required to attain specified rates of increase in total and per capita gross domestic product. It concludes that to sustain even modest gains in GDP per capita will soon require gains in productivity greater than have been observed in the last two decades.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||Nov 1997|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: (905) 525-9140 ext. 22765
Fax: (905) 521-8232
Web page: http://www.mcmaster.ca/economics/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:mcm:qseprr:334. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.