On Concepts and Measures of Multifactor Productivity in Canada, 1961-1980

$35.99

SKU: 9780521024341
Author: Cas, Alexandra Rymes, Thomas K
Publication Date: 03/09/2006
Publisher: Cambridge University Press
Binding: Paperback
Media: Book
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Description

This book presents new estimates of the sources of economic growth in Canada. The experimental measures account for the reproductibility of capital inputs in an input-output framework and show that advances in technology are more important for economic growth than previously estimated. Traditional measures of multifactor productivity advance are also presented. Extensive comparisons relate the two approaches to each other and to a range of measures of structural change and labor productivity.