The study illustrates the differential impact on regional economies of relative price changes stemming from commodity price movements, exchange rate changes and changes in international manufactured goods prices. It focuses on Canadian provinces, which are a large, geographically distributed...

This paper examines the impact of import and export price changes on economic welfare in Canada, and in each of the provinces. It examines how terms of trade shifts and fluctuations in the ratio of traded to non-traded goods prices affect the purchasing power of domestic production. Terms of...

This paper examines the different types of deflators that are used to compare volume estimates of national income and production across countries. It argues that these deflators need to be tailored to the specific income concept used for study. If the potential to spend concept is employed, a...

This paper develops a measure of intangible capital and examines the contribution of intangibles to labour productivity growth in the Canadian business sector. It applies the methodology developed by Corrado et al. (2005, 2009) for the United States. The paper finds that investment in...

This paper uses Organization for Economic Co-operation and Development (OECD) data to examine changes in labour productivity, real gross domestic product (GDP), real gross domestic income (GDI), economic aggregates and relative economic growth over time. Real GDI combines changes in production...