Analysis
Filter results by
Search HelpKeyword(s)
Subject
Author(s)
Results
All (4)
All (4) ((4 results))
- Articles and reports: 36-28-0001202400400001Description: This article provides perspectives on the extent to which recent changes in gross domestic product per capita represent a departure from their long-term trend and discusses factors that have facilitated per capita growth in previous decades.Release date: 2024-04-24
- Articles and reports: 36-28-0001202200500002Description:
The COVID-19 Pandemic has been affecting Canadians’ daily lives since the second quarter of 2020. Production and employment were cut back largely at the beginning in order to slow the spread of this contagious disease, leading to a sharp decline in income and a rise in the unemployment rate. GDP per capita of a country is often used for assessing the standard of living and its cross-country comparisons. Since 2020, Canada’s per capita GDP has averaged -1.3% per year, down from its long-term annual average of 1.2% from 1981 to 2019 and from 1.0% per year from 2010 to 2019. For a better understanding of the sources of Canada’s per capita GDP growth, this article decomposes GDP per capita into labour productivity, work intensity, employment rate, participation rate, and the share of working population. The contributions of these 5 ratios to Canada’s per capita GDP growth are examined.
Release date: 2022-05-25 - Articles and reports: 36-28-0001202100500004Description:
The COVID-19 pandemic has changed how production occurs in the economy in two ways. One is the full or partial closure of non-essential activities such as travel, hospitality, arts and entertainment, personal services, airlines, etc. The other is the widespread shift from in-office work to working from home. This Insights article depicts labour productivity growth in Canada and its sources by industry during the COVID-19 pandemic in order to examine the implications these changes may have had on the productivity performance of the economy.
Release date: 2021-05-26 - Articles and reports: 11F0019M2020001Description:
Multifactor productivity (MFP) declined in Canada from 2000 to 2009 and then recovered after. The movements in productivity since 2000 have attracted great attention from researchers and policy makers because productivity is important both for economic growth and for improvements in living standards. This paper applies the stochastic frontier framework to decompose each firm’s MFP into two parts: its technological frontier and its technical efficiency. Change in the aggregate technological frontier refers to improvements in the productivity potential of an economy, i.e., the maximum productivity of an economy if all firms are fully efficient. Aggregate technical efficiency reflects the economy’s capacity to achieve that potential. The results of this decomposition can show whether the movements in productivity after 2000 in Canada were mainly the result of changes in the technological frontier and productivity potential or of changes in the technical efficiency.
Release date: 2020-01-17
Stats in brief (0)
Stats in brief (0) (0 results)
No content available at this time.
Articles and reports (4)
Articles and reports (4) ((4 results))
- Articles and reports: 36-28-0001202400400001Description: This article provides perspectives on the extent to which recent changes in gross domestic product per capita represent a departure from their long-term trend and discusses factors that have facilitated per capita growth in previous decades.Release date: 2024-04-24
- Articles and reports: 36-28-0001202200500002Description:
The COVID-19 Pandemic has been affecting Canadians’ daily lives since the second quarter of 2020. Production and employment were cut back largely at the beginning in order to slow the spread of this contagious disease, leading to a sharp decline in income and a rise in the unemployment rate. GDP per capita of a country is often used for assessing the standard of living and its cross-country comparisons. Since 2020, Canada’s per capita GDP has averaged -1.3% per year, down from its long-term annual average of 1.2% from 1981 to 2019 and from 1.0% per year from 2010 to 2019. For a better understanding of the sources of Canada’s per capita GDP growth, this article decomposes GDP per capita into labour productivity, work intensity, employment rate, participation rate, and the share of working population. The contributions of these 5 ratios to Canada’s per capita GDP growth are examined.
Release date: 2022-05-25 - Articles and reports: 36-28-0001202100500004Description:
The COVID-19 pandemic has changed how production occurs in the economy in two ways. One is the full or partial closure of non-essential activities such as travel, hospitality, arts and entertainment, personal services, airlines, etc. The other is the widespread shift from in-office work to working from home. This Insights article depicts labour productivity growth in Canada and its sources by industry during the COVID-19 pandemic in order to examine the implications these changes may have had on the productivity performance of the economy.
Release date: 2021-05-26 - Articles and reports: 11F0019M2020001Description:
Multifactor productivity (MFP) declined in Canada from 2000 to 2009 and then recovered after. The movements in productivity since 2000 have attracted great attention from researchers and policy makers because productivity is important both for economic growth and for improvements in living standards. This paper applies the stochastic frontier framework to decompose each firm’s MFP into two parts: its technological frontier and its technical efficiency. Change in the aggregate technological frontier refers to improvements in the productivity potential of an economy, i.e., the maximum productivity of an economy if all firms are fully efficient. Aggregate technical efficiency reflects the economy’s capacity to achieve that potential. The results of this decomposition can show whether the movements in productivity after 2000 in Canada were mainly the result of changes in the technological frontier and productivity potential or of changes in the technical efficiency.
Release date: 2020-01-17
Journals and periodicals (0)
Journals and periodicals (0) (0 results)
No content available at this time.
- Date modified: