Has Trend Productivity Growth Increased in Canada?

Benoit Robidoux and Bing-Sun Wong

International Productivity Monitor, 2003, vol. 6, 47-55

Abstract: Trend productivity growth is a crucial determinant of future living standards as well as fiscal balances. In this article, Benoit Robidoux and Bing-Sun Wong from Finance Canada examine the issue of whether trend productivity growth has increased in Canada and conclude that in fact it has. If correct, this is indeed a very positive development for Canadians. They point out that business sector output per hour growth in Canada accelerated 0.9 percentage points from 1.1 per cent per year in the 1988-1996 period to 2.0 per cent in 1996-2001, virtually the same acceleration as in the United States. The authors find that Canada experienced a greater pick-up in total factor productivity growth than the United States. Increased production and use of information and communications technologies (ICTs) accounted for more of the U.S. productivity growth acceleration.

Keywords: Canada; Productivity; ICT; Information; Communication; Technology; Resurgence; Acceleration; Aggregate; Growth; Accounting; Growth Accounting (search for similar items in EconPapers)
JEL-codes: D24 J24 L86 O30 O51 (search for similar items in EconPapers)
Date: 2003
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.csls.ca/ipm/6/robidoux-wong-e.pdf (application/pdf)
http://www.csls.ca/ipm/6/robidoux-wong-f.pdf version en francais, pp:52-61 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sls:ipmsls:v:6:y:2003:4

Ordering information: This journal article can be ordered from
http://www.csls.ca

Access Statistics for this article

International Productivity Monitor is currently edited by Andrew Sharpe, Executive Director

More articles in International Productivity Monitor from Centre for the Study of Living Standards 170 Laurier Ave. W, Suite 604, Ottawa, ON K1P 5V5. Contact information at EDIRC.
Bibliographic data for series maintained by CSLS ( this e-mail address is bad, please contact ).