New Estimates of Multifactor Productivity Growth for the Canadian Provinces

This article presents new estimates of multifactor productivity for the Canadian provinces for the 1997-2007 period. In contrast to earlier estimates, these estimates incorporate both changes in labour and capital composition or quality. Reflecting differences in labour productivity and capital prod...

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Bibliographic Details
Main Authors: Andrew Sharpe, Jean-Francois Arsenault
Format: Article in Journal/Newspaper
Language:unknown
Subjects:
Online Access:http://www.csls.ca/ipm/18/IPM-18-Sharpe-Arsenault.pdf
Description
Summary:This article presents new estimates of multifactor productivity for the Canadian provinces for the 1997-2007 period. In contrast to earlier estimates, these estimates incorporate both changes in labour and capital composition or quality. Reflecting differences in labour productivity and capital productivity, multifactor productivity growth varies greatly by province. Newfoundland enjoyed the strongest multifactor productivity growth and Alberta the weakest. multifactor productivity, labour composition, capital composition, capital quality, labour quality