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Productivity Drivers in British Columbia: Strategic Areas for Improvement

Author

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  • Andrew Sharpe

    ()

  • Jean-François Arsenault

    ()

Abstract

A brief analysis of British Columbia’s productivity performance and the state of the drivers of this performance reveals that five areas merit additional focus and research. They are, in the proposed order of completion: Education and literacy, including professional qualifications and education for targeted groups such as aboriginals and recent immigrants, credentials recognition. Public and private investment, including public infrastructure, business investment and taxation structure. Research and innovation, including R&D investment, product and process innovation, knowledge diffusion and technology adoption. Resource reallocation, including competition policy, improving market mechanisms, product market regulation and foreign ownership rules. Trade and migration, including interprovincial and international movement of goods and services, skilled and unskilled immigration and emigration and interprovincial migration.

Suggested Citation

  • Andrew Sharpe & Jean-François Arsenault, 2008. "Productivity Drivers in British Columbia: Strategic Areas for Improvement," CSLS Research Reports 2008-09, Centre for the Study of Living Standards.
  • Handle: RePEc:sls:resrep:0809
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    File URL: http://www.csls.ca/reports/csls2008-9.pdf
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    Cited by:

    1. Don Drummond & Evan Capeluck & Matthew Calver, 2015. "The Key Challenge for Canadian Public Policy: Generating Inclusive and Sustainable Economic Growth," CSLS Research Reports 2015-11, Centre for the Study of Living Standards.
    2. Alexander Murray & Andrew Sharpe, 2011. "Human Capital and Productivity in British Columbia," CSLS Research Reports 2011-10, Centre for the Study of Living Standards.

    More about this item

    Keywords

    Productivity; Diagnosis; British Columbia; Human Capital; Physical Capital; Innovation;

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • R50 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - General
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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