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Evidence is presented in this paper which challenges the general applicability of the hypothesis that low wages are necessary or, in the very least, conducive to higher rates of manufacturing employment growth. An analysis of the Canadian censuses and other material for Quebec and Ontario for...
Persistent link: https://www.econbiz.de/10014199084
Angus Maddison's analysis of economic growth and development are rooted in a rich array of compatible time series and cross-section data as well as incorporating unquantifiable variables. He has endeavoured to isolate the variable which have fostered or hindered the process of economic...
Persistent link: https://www.econbiz.de/10014198680
Estimates of the quantitative attributes of Canadian economic history, such as total output, manufacturing output, labour productivity, and price changes, have, with the application of more sophisticated methods of data collection and compilation, undergone significant revision since the 1950s....
Persistent link: https://www.econbiz.de/10014198785
During the time of the Seigniorial tenure in New France there was relatively retarded economic development. Only a few have studied the reason for this low growth, giving reasons such as a shortage of capital and labour, a failure to integrate agriculture into the international trade sector and...
Persistent link: https://www.econbiz.de/10014198805
Conventional economic theory tends to support the view that there is only one sustainable path to economic development, and that economies are expected to converge in terms or real GDP per capita through the process of interregional and international trade and factor mobility. An economy's...
Persistent link: https://www.econbiz.de/10014198810
A key objective of this book is to show that (p. vii) "plain economic history can help pick out the more durable of the arrangements that favour growth." He argues that the conditions favoring long run growth are largely political and include competitive markets, free trade, decentralized...
Persistent link: https://www.econbiz.de/10013149020