EconPapers    
Economics at your fingertips  
 

The Impact of Public Infrastructure on Canadian Multifactor Productivity Estimates

Gu, Wulong Macdonald, Ryan

The Canadian Productivity Review from Statistics Canada, Economic Analysis Division

Abstract: This paper makes use of a growth accounting framework to examine the importance of public capital for private sector productivity growth. Most measures of multifactor productivity consider only the inputs of the business sector. This paper produces an alternate measure of multifactor productivity for the business sector that incorporates the impact of public capital. It uses the estimate of the elasticity of business sector output with respect to public capital derived from Macdonald (2008). Over the period, the conventional estimate of MFP growth averages 0.4% per year. About half of this growth is attributable to public capital.

Keywords: Economic accounts; Productivity accounts (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-bec and nep-eff
Date: 2009-01-14
References: Add references at CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link)
http://www.statcan.gc.ca/bsolc/olc-cel/olc-cel?catno=15-206-X2008021&lang=eng (application/pdf)
http://www.statcan.gc.ca/bsolc/olc-cel/olc-cel?catno=15-206-X2008021&lang=eng (text/html)

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:stc:stcp6e:2008021e

Access Statistics for this paper

More papers in The Canadian Productivity Review from Statistics Canada, Economic Analysis Division Contact information at EDIRC.
Bibliographic data for series maintained by Mark Brown ().

 
Page updated 2019-04-16
Handle: RePEc:stc:stcp6e:2008021e