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The post-2001 productivity growth divergence between Canada and the United States: The role of the information and cultural services industry

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  • Wulong Gu
  • Michael Willox

Abstract

Canada and the United States share a deep economic relationship marked by intricate supply chains and infrastructure networks. While the performances of the two economies have diverged for brief periods, indicators, such as real gross domestic product and employment, typically show a tight common trend over the long term. The period from 1961 to 2001 in Chart 1 underscores the interconnectedness of both economies.

Suggested Citation

  • Wulong Gu & Michael Willox, 2023. "The post-2001 productivity growth divergence between Canada and the United States: The role of the information and cultural services industry," Economic and Social Reports 202301200006e, Statistics Canada, Analytical Studies and Modelling Branch.
    • Handle: RePEc:stc:stcp8e:202301200006e
    DOI: https://doi.org/10.25318/36280001202301200006-eng
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    References listed on IDEAS

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    1. Robert E. Hall, 2018. "New Evidence on the Markup of Prices over Marginal Costs and the Role of Mega-Firms in the US Economy," NBER Working Papers 24574, National Bureau of Economic Research, Inc.
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    Keywords

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    JEL classification:

    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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