Four decades of creative destruction: Renewing Canada's manufacturing base from 1961 to 1999 - ARCHIVED
Articles and reports: 11-010-X20040107420
This paper presents measures of the extent of renewal in Canada's manufacturing sector over a four-decade period, which roughly represents the productive lifetime of a worker. Renewal occurs when old plants are supplanted by new plants or when some plants decline and others grow. In both cases, resources used in production are being shifted from less productive to more productive plants.
Main Product: Canadian Economic Observer