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- Articles and reports: 36-28-0001202300400004Description: The COVID-19 pandemic affected the Canadian economy in numerous ways, one of which was changing the relationship between growth in production, and changes in real consumption and real gross fixed capital formation (GFCF). Typically, real consumption and real GFCF are expected to progress similarly to real gross domestic product (GDP), however during the period covered by the COVID-19 pandemic, real consumption and real GFCF grew at a stronger pace than real GDP. This article illustrates how examining real income rather than real production can address this paradox. Specifically, the roles of changes in production (the use of capital, labour and multifactor productivity used to produce real GDP) and changes in non-production sources of real income growth (the trading gain and net income from abroad) are examined.Release date: 2023-05-08
- Articles and reports: 11F0027M2015098Description:
Two sources of industry productivity growth are firm productivity improvements and the reallocation of productive resources from less productive to more productive firms. This paper studies the role of offshoring in improving industry productivity through these two channels, using a new Canadian manufacturing data base that links the Annual Survey of Manufactures and the Importer Register database at the commodity level. The database provides information on direct imports of intermediate inputs by firms. This allows us to estimate offshoring intensity in Canada at the firm level, and to differentiate those imports by region of origin.
Release date: 2015-06-22 - Articles and reports: 11-010-X201100111401Geography: CanadaDescription:
The 2008-2009 recession was less severe for both output and jobs than the two previous recessions. While the disruption of global financial markets did lead to a record drop in exports and severe cuts in business investment, household demand did not recede as much as in previous downturns and led the recovery. Canada is the only G7 nation to have returned to its pre-recession level, led by private domestic demand.
Release date: 2011-01-13 - 4. Slowdowns during periods of economic growth ArchivedArticles and reports: 11-010-X201001211393Geography: CanadaDescription:
Output and employment growth regularly slows, as occurred over the summer of 2010. This paper looks at slowdowns over the last three decades, and finds they occur in response to a wide range of cyclical and irregular factors. However, they rarely if ever turn into recessions.
Release date: 2010-12-09 - 5. The accelerated pace of the 2008-2009 downturn ArchivedArticles and reports: 11-010-X201000511164Geography: CanadaDescription:
Financial and commodity markets saw declines late in 2008 that set records for both speed and severity. This paper explores some of the reasons for these rapid declines and their implications for output and employment.
Release date: 2010-05-13 - Articles and reports: 11-010-X201000111075Geography: CanadaDescription:
Since 1980, labour productivity has risen during recessions in Canada and the US, with the exception of Canada during 2008-2009. A detailed examination of each cyclical downturn since 1980 shows that employers have moved faster to cut labour inputs during recessions, especially in the US.
Release date: 2010-01-14 - 7. Recent trends in output and employment ArchivedArticles and reports: 11-010-X20070039602Geography: Province or territoryDescription:
The productivity slowdown during 2006 largely originated in the mining and manufacturing industries. The drop in mining was part of a long-term trend, while for manufacturing it was mostly cyclical. Many sectors struggled with labour quality as a result of shortages, especially in western Canada.
Release date: 2007-03-15 - Articles and reports: 11-010-X20030086616Geography: CanadaDescription:
This paper examines the influence of the expansion of the unincorporated self-employed on growth in labour productivity in the business sector and compares Canadian and U.S. experiences over the 1987 to 1998 reference period.
Release date: 2003-08-28 - 9. The Impact of Self-employment on Labour-productivity Growth: A Canada and United States Comparison ArchivedArticles and reports: 11F0027M2003016Geography: CanadaDescription:
This paper examines the influence of the dramatic expansion of self-employment on the Canadian business sector's growth in labour productivity. It compares Canadian and American experiences in this area from 1987 to 1998.
Release date: 2003-08-28
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Articles and reports (9)
Articles and reports (9) ((9 results))
- Articles and reports: 36-28-0001202300400004Description: The COVID-19 pandemic affected the Canadian economy in numerous ways, one of which was changing the relationship between growth in production, and changes in real consumption and real gross fixed capital formation (GFCF). Typically, real consumption and real GFCF are expected to progress similarly to real gross domestic product (GDP), however during the period covered by the COVID-19 pandemic, real consumption and real GFCF grew at a stronger pace than real GDP. This article illustrates how examining real income rather than real production can address this paradox. Specifically, the roles of changes in production (the use of capital, labour and multifactor productivity used to produce real GDP) and changes in non-production sources of real income growth (the trading gain and net income from abroad) are examined.Release date: 2023-05-08
- Articles and reports: 11F0027M2015098Description:
Two sources of industry productivity growth are firm productivity improvements and the reallocation of productive resources from less productive to more productive firms. This paper studies the role of offshoring in improving industry productivity through these two channels, using a new Canadian manufacturing data base that links the Annual Survey of Manufactures and the Importer Register database at the commodity level. The database provides information on direct imports of intermediate inputs by firms. This allows us to estimate offshoring intensity in Canada at the firm level, and to differentiate those imports by region of origin.
Release date: 2015-06-22 - Articles and reports: 11-010-X201100111401Geography: CanadaDescription:
The 2008-2009 recession was less severe for both output and jobs than the two previous recessions. While the disruption of global financial markets did lead to a record drop in exports and severe cuts in business investment, household demand did not recede as much as in previous downturns and led the recovery. Canada is the only G7 nation to have returned to its pre-recession level, led by private domestic demand.
Release date: 2011-01-13 - 4. Slowdowns during periods of economic growth ArchivedArticles and reports: 11-010-X201001211393Geography: CanadaDescription:
Output and employment growth regularly slows, as occurred over the summer of 2010. This paper looks at slowdowns over the last three decades, and finds they occur in response to a wide range of cyclical and irregular factors. However, they rarely if ever turn into recessions.
Release date: 2010-12-09 - 5. The accelerated pace of the 2008-2009 downturn ArchivedArticles and reports: 11-010-X201000511164Geography: CanadaDescription:
Financial and commodity markets saw declines late in 2008 that set records for both speed and severity. This paper explores some of the reasons for these rapid declines and their implications for output and employment.
Release date: 2010-05-13 - Articles and reports: 11-010-X201000111075Geography: CanadaDescription:
Since 1980, labour productivity has risen during recessions in Canada and the US, with the exception of Canada during 2008-2009. A detailed examination of each cyclical downturn since 1980 shows that employers have moved faster to cut labour inputs during recessions, especially in the US.
Release date: 2010-01-14 - 7. Recent trends in output and employment ArchivedArticles and reports: 11-010-X20070039602Geography: Province or territoryDescription:
The productivity slowdown during 2006 largely originated in the mining and manufacturing industries. The drop in mining was part of a long-term trend, while for manufacturing it was mostly cyclical. Many sectors struggled with labour quality as a result of shortages, especially in western Canada.
Release date: 2007-03-15 - Articles and reports: 11-010-X20030086616Geography: CanadaDescription:
This paper examines the influence of the expansion of the unincorporated self-employed on growth in labour productivity in the business sector and compares Canadian and U.S. experiences over the 1987 to 1998 reference period.
Release date: 2003-08-28 - 9. The Impact of Self-employment on Labour-productivity Growth: A Canada and United States Comparison ArchivedArticles and reports: 11F0027M2003016Geography: CanadaDescription:
This paper examines the influence of the dramatic expansion of self-employment on the Canadian business sector's growth in labour productivity. It compares Canadian and American experiences in this area from 1987 to 1998.
Release date: 2003-08-28
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