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This paper gives a conceptual overview of the openness and vulnerability, sharing which in both cases respectively … depends on economic policy and on structural factors, independent from policy. It focuses on openness policy, proposed to be … measured by the residual of an openness function estimated only from structural factors, and on structural vulnerability …
Persistent link: https://www.econbiz.de/10005055194
Economies are open to international competition, and must be able to sell their products on the external markets. This paper goes back to the definition of competitivity (the ability to sell one's production at a good reward), builds a synthetic index of competitivity and gives some indications...
Persistent link: https://www.econbiz.de/10005016545
In this second contribution to the Symposium included in this volume on Future Productivity in Canada, Tiff Macklem of the Bank of Canada compares sources of recent productivity growth in Canada and the United States. Macklem sees aggregate labour productivity growth in Canada advancing at...
Persistent link: https://www.econbiz.de/10005650252
The factors behind the emergence of the New Economy are still poorly understood. In this article, Pascal Petit from CEPREMAP and CNRS in France provides an institutional perspective on the developmental phases or roots of this New Economy. He analyzes the structural, institutional and...
Persistent link: https://www.econbiz.de/10005157594
Persistent link: https://www.econbiz.de/10012663350
Using the author’s recently constructed data set, this article measures the productivity performance of China’s 19 manufacturing industries, four mining industries, plus utilities, over the reform period 1980-2005. The approach is based on neoclassical assumptions on institutional settings...
Persistent link: https://www.econbiz.de/10005518947
The productivity performance of the construction sector in Canada over the last quarter century has been dismal, with output per hour lower in 2000 than in 1977. In this article Andrew Sharpe from the Centre for the Study of Living Standards examines productivity trends in this sector and...
Persistent link: https://www.econbiz.de/10005518983
India has created the basic rules of modern economic and political life. While the country’s institutional framework needs strengthening, it will allow India to prosper without drastic changes. Gradual economic reform has transformed India, putting it on a much faster growth path. Economic...
Persistent link: https://www.econbiz.de/10005518987
Innovation is widely recognized as a key ingredient of productivity success. This article by Someshwar Rao, Ashfaq Ahmad, William Horsman, and Phaedra Kaptein-Russell of Industry Canada provides support for this view by finding a strong positive relationship between measures of fundamental...
Persistent link: https://www.econbiz.de/10005481859
This paper discusses the supply conditions for economic growth in terms of potential GDP estimated by the production function approach for France, Germany and Italy for the 1986:2003 period. The aim of this study is twofold: first, we keep a consistent framework as regards national account...
Persistent link: https://www.econbiz.de/10004998823