Capital Intensity in Canada and the United States, 1987 to 2003

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Research Paper

The Canadian Productivity Review

by John R. Baldwin,+ Anthony Fisher,* Wulong Gu,+ Frank C. Lee* and Benoît Robidoux*

Micro-economic Analysis Division

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The Canadian Productivity Review

The Canadian Productivity Review is a series of applied studies that address issues involving the measurement, explanation, and improvement of productivity. Themes covered in the review include, but are not limited to, economic performance, capital formation, labour, prices, environment, trade, and efficiency at both national and provincial levels. The Review publishes empirical research, at different levels of aggregation, based on growth accounting, econometrics, index numbers and mathematical programming. The empirical research illustrates the application of theory and techniques to relevant public policy issues.

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John R. Baldwin,+ Anthony Fisher,* Wulong Gu,+ Frank C. Lee* and Benoît Robidoux*

+ Statistics Canada and *Finance Canada.

This paper represents the views of the authors and does not necessarily reflect the opinions of Statistics Canada or Department of Finance.