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We review a selection of the theoretical and empirical literature on human capital and growth that appear to provide the most relevant insights for policy development in the Canadian context. We first focus on the extension of the neo-classical growth model with the inclusion of human capital in...
Persistent link: https://www.econbiz.de/10004985520
This paper provides an empirical analysis of the comparative evolution of intranational and international trade in the Canadian provinces since 1981. We establish a striking empirical fact, the L curve, that characterizes the comparative evolution of intranational (interprovincial) and...
Persistent link: https://www.econbiz.de/10005046417
From the demographic profile of the 1994-1998 International Adult Literacy Survey, we derive synthetic time series over the 1960-1995 period on the literacy level of labor market entrants. This information is then used as a measure of investment in education in a two-way error correction panel...
Persistent link: https://www.econbiz.de/10005046429
Proposes an empirical analysis of regional convergence in Canada based on the growth model of Barro et al. In an open economy with perfect capital mobility, if domestic residents cannot borrow abroad with human capital as collateral, the dynamics of human capital accumulation is the driving...
Persistent link: https://www.econbiz.de/10014863906
The study presents a model and estimates the dynamic response of employment in high-trade-exposed manufacturing to the Canadian dollar’s appreciation. The evolution of employment shares of high-trade-exposed manufacturing for the 10 provinces from 1987 to 2006 is captured using a general error...
Persistent link: https://www.econbiz.de/10005583549
This paper compares the evolution of regional disparaties in per capita incomes in Canada and the 12 American states along Canada's southern border. The phenomenon of capital accumulation as described by the neoclassical growth model can explain much of the observed decline in regional...
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