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All (70) (0 to 10 of 70 results)
- Articles and reports: 11F0019M2018409Description:
Labour productivity growth and multifactor productivity (MFP) growth slowed in Canada and other advanced economies after 2000. Several measurement challenges have been suggested as potential explanations for this trend. These include the measurement of intangible capital in a digital economy, the measurement of natural resource capital in the resource extraction sectors, the effect of infrastructure capital and the effect of cyclical fluctuations in the utilization of capital in industries adversely affected by world demand. This paper focuses on the role of these measurement issues in the slower productivity growth observed in Canada.
Release date: 2018-10-29 - 2. Real Growth of Canadian Manufacturing Since 2000 ArchivedArticles and reports: 11-626-X2017074Description:
This Economic Insights article reports on changes in the Canadian manufacturing sector since 2000. Using data from the Canadian System of National Accounts and the U.S. Bureau of Economic Analysis, it provides an analysis of recent trends in Canadian manufacturing sector output, as well as a decomposition of the contribution of manufacturing industries to the evolution of the sector and a comparison with the United States.
Release date: 2017-06-27 - Articles and reports: 13-605-X201700114838Description: The Pan-Canadian Framework on Clean Growth and Climate Change (Pan-Canadian Framework) was introduced by the Government of Canada in 2016, in effort to combat climate change (Environment and Climate Change Canada). Under the framework, Canadian jurisdictions are required to price carbon emissions by 2018.Release date: 2017-05-31
- Articles and reports: 11F0019M2016373Description:
This paper examines how much of the slowdown in productivity growth observed in Canada’s business sector between the 1990s (1990 to 1999) and the 2000s (2000 to 2014) was due to weaker productivity growth within industries and how much was due to structural adjustment. The analysis makes use of a decomposition method that differs from many of the standard labour productivity decomposition approaches commonly found in the literature and allows the contributions of changes in the importance of individual industries to be calculated.
Release date: 2016-06-13 - Articles and reports: 11-626-X2014037Description:
This Economic Insights article looks closely at Canadian enterprises that employ individuals in more than one province or territory. It studies the share of business sector enterprises, and the employment accounted for by these multi-jurisdiction enterprises, both over time and across industries. It also examines the regional mix of these enterprises, and asks if most of them are Canadian controlled.
Release date: 2014-09-05 - Articles and reports: 15-206-X2014035Description:
This paper highlights revisions to multifactor productivity (MFP) growth and related variables in the business sector and in individual industries, which resulted from the historical revision of the Canadian System of National Accounts (CSNA) released October 1, 2012, revisions to the labour productivity accounts released October 12, 2012, and changes in the estimation of capital input that were made in order to improve its consistency in industry MFP growth estimates.
The multifactor productivity program produces indexes of MFP and related measures (output, capital input, labour input and intermediate inputs) for the business sector, broad economic sub-sectors, and their constituent industries. The MFP program divides growth in labour productivity into its key determinants: capital intensity (changes in capital per hour worked), investment in human capital, and MFP, which includes technological change, organizational innovation and economies of scale.
Release date: 2014-07-08 - Articles and reports: 11F0027M2014092Geography: Province or territoryDescription:
Using data from the Provincial KLEMS database, this paper asks whether provincial economies have undergone structural change in their business sectors since 2000. It does so by applying a measure of industrial change (the dissimilarity index) using measures of output (real GDP) and hours worked. The paper also develops a statistical methodology to test whether the shifts in the industrial composition of output and hours worked over the period are due to random year-over-year changes in industrial structure or long-term systematic change in the structure of provincial economies. The paper is designed to inform discussion and analysis of recent changes in industrial composition at the national level, notably, the decline in manufacturing output and the concomitant rise of resource industries, and the implications of this change for provincial economies.
Release date: 2014-05-07 - Articles and reports: 11F0027M2014088Geography: CanadaDescription:
This paper compares the relative importance of small and large firms in the business sectors of Canada and the United States from 2002 to 2008 using estimates of the contribution of small and large firms to the gross domestic product (GDP) of each country. It then makes use of estimates of labour input for comparison purposes. In this paper, small firms are defined as those with fewer than 500 employees and large firms as those with 500 or more employees.
Release date: 2014-01-08 - Articles and reports: 11-622-M2013030Geography: Canada, Geographical region of Canada, Province or territoryDescription:
This paper describes the patterns of firm entry and exit across provinces in Canada, the relationship of these patterns to differences in industrial structure and the response of firm entry and exit to changes in the economic environment.
Firm entry and exit play an important role in shaping industrial structure and dynamics. Although entry and exit are ubiquitous, new firms are often associated with new ideas and the provision of innovative goods and services that enhance competition and force incumbents to become more innovative and efficient. Studies have shown the considerable role played by entry and exit in resource reallocation and productivity improvement.
Release date: 2013-12-10 - 10. Productivity Growth and Capacity Utilization ArchivedArticles and reports: 11F0027M2013085Geography: CanadaDescription:
This paper presents a non-parametric approach for adjusting the multifactor productivity growth (MFPG) measure for variations in capacity utilization over time. In the framework developed here, a capital utilization measure is derived from the economic theory of production and is estimated by comparing the ex-post return with the ex-ante expected return on capital. The non-parametric approach is then compared with the parametric approach and the standard growth accounting framework. Both the non-parametric and parametric approaches correct for the cyclical bias in the standard MFPG measure, but the non-parametric approach offers more practical adjustment for capacity utilization, because it is easier to implement and more in line with the non-parametric approach long used by statistical agencies and researchers.
Release date: 2013-07-23
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Analysis (70)
Analysis (70) (0 to 10 of 70 results)
- Articles and reports: 11F0019M2018409Description:
Labour productivity growth and multifactor productivity (MFP) growth slowed in Canada and other advanced economies after 2000. Several measurement challenges have been suggested as potential explanations for this trend. These include the measurement of intangible capital in a digital economy, the measurement of natural resource capital in the resource extraction sectors, the effect of infrastructure capital and the effect of cyclical fluctuations in the utilization of capital in industries adversely affected by world demand. This paper focuses on the role of these measurement issues in the slower productivity growth observed in Canada.
Release date: 2018-10-29 - 2. Real Growth of Canadian Manufacturing Since 2000 ArchivedArticles and reports: 11-626-X2017074Description:
This Economic Insights article reports on changes in the Canadian manufacturing sector since 2000. Using data from the Canadian System of National Accounts and the U.S. Bureau of Economic Analysis, it provides an analysis of recent trends in Canadian manufacturing sector output, as well as a decomposition of the contribution of manufacturing industries to the evolution of the sector and a comparison with the United States.
Release date: 2017-06-27 - Articles and reports: 13-605-X201700114838Description: The Pan-Canadian Framework on Clean Growth and Climate Change (Pan-Canadian Framework) was introduced by the Government of Canada in 2016, in effort to combat climate change (Environment and Climate Change Canada). Under the framework, Canadian jurisdictions are required to price carbon emissions by 2018.Release date: 2017-05-31
- Articles and reports: 11F0019M2016373Description:
This paper examines how much of the slowdown in productivity growth observed in Canada’s business sector between the 1990s (1990 to 1999) and the 2000s (2000 to 2014) was due to weaker productivity growth within industries and how much was due to structural adjustment. The analysis makes use of a decomposition method that differs from many of the standard labour productivity decomposition approaches commonly found in the literature and allows the contributions of changes in the importance of individual industries to be calculated.
Release date: 2016-06-13 - Articles and reports: 11-626-X2014037Description:
This Economic Insights article looks closely at Canadian enterprises that employ individuals in more than one province or territory. It studies the share of business sector enterprises, and the employment accounted for by these multi-jurisdiction enterprises, both over time and across industries. It also examines the regional mix of these enterprises, and asks if most of them are Canadian controlled.
Release date: 2014-09-05 - Articles and reports: 15-206-X2014035Description:
This paper highlights revisions to multifactor productivity (MFP) growth and related variables in the business sector and in individual industries, which resulted from the historical revision of the Canadian System of National Accounts (CSNA) released October 1, 2012, revisions to the labour productivity accounts released October 12, 2012, and changes in the estimation of capital input that were made in order to improve its consistency in industry MFP growth estimates.
The multifactor productivity program produces indexes of MFP and related measures (output, capital input, labour input and intermediate inputs) for the business sector, broad economic sub-sectors, and their constituent industries. The MFP program divides growth in labour productivity into its key determinants: capital intensity (changes in capital per hour worked), investment in human capital, and MFP, which includes technological change, organizational innovation and economies of scale.
Release date: 2014-07-08 - Articles and reports: 11F0027M2014092Geography: Province or territoryDescription:
Using data from the Provincial KLEMS database, this paper asks whether provincial economies have undergone structural change in their business sectors since 2000. It does so by applying a measure of industrial change (the dissimilarity index) using measures of output (real GDP) and hours worked. The paper also develops a statistical methodology to test whether the shifts in the industrial composition of output and hours worked over the period are due to random year-over-year changes in industrial structure or long-term systematic change in the structure of provincial economies. The paper is designed to inform discussion and analysis of recent changes in industrial composition at the national level, notably, the decline in manufacturing output and the concomitant rise of resource industries, and the implications of this change for provincial economies.
Release date: 2014-05-07 - Articles and reports: 11F0027M2014088Geography: CanadaDescription:
This paper compares the relative importance of small and large firms in the business sectors of Canada and the United States from 2002 to 2008 using estimates of the contribution of small and large firms to the gross domestic product (GDP) of each country. It then makes use of estimates of labour input for comparison purposes. In this paper, small firms are defined as those with fewer than 500 employees and large firms as those with 500 or more employees.
Release date: 2014-01-08 - Articles and reports: 11-622-M2013030Geography: Canada, Geographical region of Canada, Province or territoryDescription:
This paper describes the patterns of firm entry and exit across provinces in Canada, the relationship of these patterns to differences in industrial structure and the response of firm entry and exit to changes in the economic environment.
Firm entry and exit play an important role in shaping industrial structure and dynamics. Although entry and exit are ubiquitous, new firms are often associated with new ideas and the provision of innovative goods and services that enhance competition and force incumbents to become more innovative and efficient. Studies have shown the considerable role played by entry and exit in resource reallocation and productivity improvement.
Release date: 2013-12-10 - 10. Productivity Growth and Capacity Utilization ArchivedArticles and reports: 11F0027M2013085Geography: CanadaDescription:
This paper presents a non-parametric approach for adjusting the multifactor productivity growth (MFPG) measure for variations in capacity utilization over time. In the framework developed here, a capital utilization measure is derived from the economic theory of production and is estimated by comparing the ex-post return with the ex-ante expected return on capital. The non-parametric approach is then compared with the parametric approach and the standard growth accounting framework. Both the non-parametric and parametric approaches correct for the cyclical bias in the standard MFPG measure, but the non-parametric approach offers more practical adjustment for capacity utilization, because it is easier to implement and more in line with the non-parametric approach long used by statistical agencies and researchers.
Release date: 2013-07-23
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