Author Description

This Paper Assesses Productivity Trends In Canada Vis-a-vis The United States From Two Perspectives. The First One Is Based On Estimates Of Total Factor Productivity. The Second One Decomposes Productivity Growth Into Two Sources: Investment-specific Technical Change, Associated With Improvements In The Quality Of The Capital Stock, And Neutral Technical Change, Associated With The Organization Of Productive Activities. The Results Indicate That Investment-specific Technical Change Is The Major Underlying Cause Of The Pickup In Productivity In Canada And The Narrowing Of The Productivity Gap With The United States. Martin Cerisola, Jorge Chan-lau. Bibliographic Level Mode Of Issuance: Monograph English