We introduce two new indexes of labour productivity growth. Both indexes are intended to capture the shift in the short … to the U.S. industry data of the years 1970–2005, we compare newly proposed index of labour productivity growth with the … growth of average labour productivity over periods and across industries. We revisit the hypothesis of Baumol’s disease …

Labour productivity is defined as output per unit of labour input. Economists acknowledge that technical progress as … well as growth in capital inputs increases labour productivity. However, little attention has been paid to the fact that … changes in labour input alone could also impact labour productivity. Since this effect disappears for the constant returns to …

Canada is consistently ranked among the best places to live. However, its potential for sustainable prosperity could …. This article develops an institutional perspective on comparative economic development between Canada and the United States … adopted more classically liberal mercantilist institutions than Canada. This initial institutional disparity is associated …

Canada is consistently ranked among the best places to live. However, its potential for sustainable prosperity could … article develops an institutional perspective on comparative economic development between Canada and the United States (U ….S. historically adopted more classically liberal mercantilist institutions than Canada. This initial institutional disparity is …