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This paper was prepared for the National Statistics Council, which advises the chief statistician of Canada on the full range of Statistics Canada's activities, particularly on overall program priorities
Persistent link: https://www.econbiz.de/10013154245
This paper examines the effects of alternative specifications of the user costs of capital on the estimated price and volume indices of capital services. It asks how sensitive the results are to the use of exogenous versus endogenous rates of return, to alternate ways of including capital gains,...
Persistent link: https://www.econbiz.de/10013154256
This paper employs the databases that are used to construct Statistics Canada's Productivity Accounts to examine the sources of growth in the Canadian economy and the history of productivity growth in Canada over the period 1961 to 2002. It makes use of a new time series using the North American...
Persistent link: https://www.econbiz.de/10013154259
Boosting productivity growth is necessary to raise living standards and well-being for all. Aggregate productivity has fallen, mainly driven by manufacturing, although service industries have also tended to underperform. Reviving productivity requires improving framework conditions further so...
Persistent link: https://www.econbiz.de/10011577858
Die Produktivität wächst in vielen Industriestaaten mit abnehmender Rate. Gleichzeitig entwickelt sich die Produktivität zwischen einzelnen Unternehmen auch in eng begrenzten Wirtschaftsbereichen unterschiedlich. Gibt es zwischen diesen beiden Entwicklungen Zusammenhänge? Es zeigt sich, dass...
Persistent link: https://www.econbiz.de/10012120687
Constructing data series from various sources, I do comprehensive growth accounting for the Indian Economy. Without accounting for human capital, total factor productivity differences over time accounts for 48% to 69% of output variation. TFP growth accounts for 35% to 70% of the total GDP...
Persistent link: https://www.econbiz.de/10014214898
We propose a new decomposition method for analysing aggregate productivity changes. The main improvement in our proposed method is that we are clearly able to separate out pure productivity changes of a hypothetical average firm from changes in the share of output or value added between firms....
Persistent link: https://www.econbiz.de/10014217148
The authors apply the analysis of Hsieh and Klenow (2009) to assess the degree of resource misallocation in the Republic of Korea manufacturing sector from 1982 to 2007. They find improvement in the aggregate allocative efficiency during the first decade and a strong reversal after 1992. This...
Persistent link: https://www.econbiz.de/10014121862
This paper investigates the effect of industrial policies on resource misallocation using a rich data-set of Chinese firms. Using a difference-in-di¤erence approach, we provide evidence that government policies favoring particular industries lead to increased resource misallocation (i.e., an...
Persistent link: https://www.econbiz.de/10014109866
This paper examines the role of total factor productivity (TFP) in China’s miraculous growth during 1997-2012 and reports that 16% of the GDP growth is driven by the TFP growth, dominated by technological progress. The TFP growth varies significantly across regions and is positively influenced...
Persistent link: https://www.econbiz.de/10014144625