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Inter-regional Comparative Measures of Productivity in the Canadian Timber Harvesting Industry
註釋Productivity in timber harvesting has a wide range of strategic policy implications for the forest sectors economic health. Policy makers, industry executives and analysts, and forest managers view productivity as a key to sustainable forest management and competitiveness. The goal of this study was to conduct an in-depth, comparative empirical study of productivity performance in the Canadian regional timber harvesting industries of British Columbia, Ontario, Quebec, and the rest of Canada. The methodology followed several sequences of analysis: Preliminary steps involved analyzing trends in and cycles of prices, quantities, and cost and revenue shares. Then, the commonly used multilateral index methodology was used to generate and analyze partial and total factor productivity. The preliminary analyses suggested the need for targeting materials and energy for cost effectiveness and productivity improvements. Average annual growth rates of partial factor productivity revealed that labor and capital were more productive than energy and materials. This outcome indicated three possibilities: either the industry used labor- and capital-saving production processes, or the relative costs of energy and materials were high, or both factors were involved. The industries of Quebec and Ontario registered total factor productivity growth rates of 1.49% and 0.74%, respectively, whereas those of British Columbia and the rest of Canada experienced declines of 0.51% and 0.70%, respectively.