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Comment on Estimating Capital Input for Measuring Canadian Multifactor Productivity Growth


  • Diewert, Erwin


The paper lays out the algebra behind the Diewert-Yu capital services methodology and the corresponding methodology used by the Statistics Canada Canadian Productivity Program. The large differences in the estimates can mainly be explained by different treatments of the expected capital gains term in user costs and the use of sectoral balancing rates of return versus economy wide balancing rates of return.

Suggested Citation

  • Diewert, Erwin, 2012. "Comment on Estimating Capital Input for Measuring Canadian Multifactor Productivity Growth," Economics working papers erwin_diewert-2012-36, Vancouver School of Economics, revised 11 Dec 2012.
  • Handle: RePEc:ubc:bricol:erwin_diewert-2012-36

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