cover image: Provincial labour productivity growth, 1997 to 2005 : Croissance de la productivité du travail au niveau provincial, 1997 à 2005

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20.500.12592/47sv90

Provincial labour productivity growth, 1997 to 2005 : Croissance de la productivité du travail au niveau provincial, 1997 à 2005

8 Jan 2007

The level of uncertainty will depend on several factors: the nature of the functional form used in the multivariate analysis; the type of econometric technique employed; the appropriateness of the statistical assumptions embedded in the model or technique; the comprehensiveness of the variables included in the analysis; and the accuracy of the data that are utilized. [...] It noted that the comparatively large productivity gains experienced in 2005 in Western and Central Canada lose some of their luster when the focus shifts to the longer term, as the post-2000 growth averages in these regions are, on balance, far more modest than the annual rates for 2005. [...] In what follows, we report on the average growth in provincial labour productivity from 1997 to 2005, and examine how differences in productivity growth across provinces have affected relative levels of labour productivity over this nine-year period. [...] The former is often referred to as the result of growth in ‘real’ output; the latter as the effect of relative price changes. [...] While rates of productivity growth can look very different in the short and medium terms, productivity growth in individual provinces can also vary substantially in the short run.
economics economy gross domestic product science and technology research canada econometrics economic growth mathematics productivity labor productivity quebec growth rates province provinces and territories of canada statistical productivité real terms real versus nominal value (economics) econometric statistical techniques n.b

Authors

Gellatly, Guy

ISBN
9780662448358
Pages
14
Published in
Canada

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