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Productivity Growth in Canada and the United States
出版International Monetary Fund, 2000-10-01
主題Business & Economics / Production & Operations ManagementBusiness & Economics / Economics / MacroeconomicsBusiness & Economics / Investments & Securities / Stocks
ISBN14518583379781451858334
URLhttp://books.google.com.hk/books?id=T0Vb0AEACAAJ&hl=&source=gbs_api
註釋This paper assesses productivity trends in Canada vis-a-vis the United States from two perspectives. The first one is based on estimates of total factor productivity. The second one decomposes productivity growth into two sources: investment-specific technical change, associated with improvements in the quality of the capital stock, and neutral technical change, associated with the organization of productive activities. The results indicate that investment-specific technical change is the major underlying cause of the pickup in productivity in Canada and the narrowing of the productivity gap with the United States.