Aspects of economic restructuring in Canada, 1989-1994

Ron Parker
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Ron Parker: Bank of Canada, https://www.bankofcanada.ca/

Bank of Canada Review, 1995, vol. 1995, issue Summer, 23-34

Abstract: The way in which Canadian firms produce goods and services has changed dramatically during the 1990s. A major feature of this restructuring has been a shift towards greater use of capital goods, particularly computer-based technology, relative to labour in production processes. The author examines this phenomenon from a macroeconomic perspective, identifying the principal factors behind the trends in investment and employment since the late 1980s. The analysis focusses on the relative costs of capital and labour over the period and on their implications for output and employment.

JEL-codes: E20 L16 (search for similar items in EconPapers)
Date: 1995
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:bca:bcarev:v:1995:y:1995:i:summer95:p:23-34

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