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  3. On Concepts and Measures of Multifactor Productivity in Canada, 1961–1980
  • Cited by 19
Publisher:
Cambridge University Press
Online publication date:
September 2009
Print publication year:
1991
Online ISBN:
9780511528453
DOI:
https://doi.org/10.1017/CBO9780511528453
Subjects:
Economics, Industrial Economics, International Economics
Information

Book description

This book presents estimates of the sources of economic growth in Canada. The experimental measures account for the reproducibility 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 change and labour productivity. The book will be of interest to macroeconomists studying economic growth, capital accumulation, technical advance, growth accounting, and input-output analysis.

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