Analysis

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• 1. A Comparison of Canadian and U.S. Productivity Levels: An Exploration of Measurement Issues Archived

  Articles and reports: 11F0027M2005028

  Geography: Canada

  Description:

  This paper examines the level of labour productivity in Canada relative to that of the United States in 1999. In doing so, it addresses two main issues. The first is the comparability of the measures of GDP and labour inputs that the statistical agency in each country produces. Second, it investigates how a price index can be constructed to reconcile estimates of Canadian and U.S. GDP per hour worked that are calculated in Canadian and U.S. dollars respectively. After doing so, and taking into account alternative assumptions about Canada/U.S. prices, the paper provides point estimates of Canada's relative labour productivity of the total economy of around 93% that of the United States. The paper points out that at least a 10 percentage point confidence interval should be applied to these estimates. The size of the range is particularly sensitive to assumptions that are made about import and export prices.

  Release date: 2005-01-20

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• 2. The Output Gap Between Canada and the United States: The Role of Productivity (1994-2002) Archived

  Articles and reports: 11-624-M2005009

  Geography: Canada

  Description:

  The difference in the output gap (GDP per capita) between Canada and the United States is broken down into two components - differences in productivity (GDP per hour worked) and differences in effort (hours worked per capita) for the period 1994 to 2002. The paper shows that, on average, the majority of the output gap is accounted for by differences in hours worked rather than differences in productivity. Since 1994, the output gap has narrowed slightly, primarily because of an increase in hours worked in Canada relative to the United States.

  Release date: 2005-01-13

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Articles and reports (2) ((2 results))

• 1. A Comparison of Canadian and U.S. Productivity Levels: An Exploration of Measurement Issues Archived

  Articles and reports: 11F0027M2005028

  Geography: Canada

  Description:

  This paper examines the level of labour productivity in Canada relative to that of the United States in 1999. In doing so, it addresses two main issues. The first is the comparability of the measures of GDP and labour inputs that the statistical agency in each country produces. Second, it investigates how a price index can be constructed to reconcile estimates of Canadian and U.S. GDP per hour worked that are calculated in Canadian and U.S. dollars respectively. After doing so, and taking into account alternative assumptions about Canada/U.S. prices, the paper provides point estimates of Canada's relative labour productivity of the total economy of around 93% that of the United States. The paper points out that at least a 10 percentage point confidence interval should be applied to these estimates. The size of the range is particularly sensitive to assumptions that are made about import and export prices.

  Release date: 2005-01-20

  ---

• 2. The Output Gap Between Canada and the United States: The Role of Productivity (1994-2002) Archived

  Articles and reports: 11-624-M2005009

  Geography: Canada

  Description:

  The difference in the output gap (GDP per capita) between Canada and the United States is broken down into two components - differences in productivity (GDP per hour worked) and differences in effort (hours worked per capita) for the period 1994 to 2002. The paper shows that, on average, the majority of the output gap is accounted for by differences in hours worked rather than differences in productivity. Since 1994, the output gap has narrowed slightly, primarily because of an increase in hours worked in Canada relative to the United States.

  Release date: 2005-01-13

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