Coherent Identifier About this item: 20.500.12592/j47q90

A comparison of Canadian and U.S. productivity levels

2005

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Summary

The first is the comparability of the measures of GDP and labour inputs that the statistical agency in each country produces. [...] The first is the comparability of the measures of GDP and labour inputs that the statistical agency of each country produces. [...] Professional economists have provided a rather wide range of estimates in describing the relative performance of the Canadian economy compared to the United States as of the end of the 1990s. [...] That is, the aggregate measure of relative productivity growth is just a weighted average of the relative productivity growth in the business sector and in the government sector, where the latter is equal to zero by construction. [...] The valuation of output in the industry and input-output accounts of the U. S. is higher than that of the Canadian estimate that uses its modified version of basic prices by the amount of taxes on products.

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economics economy gross domestic product business economic growth employment imports investments labour labour economics labour productivity national accounts prices output productivity ppps economic indicator taxes gdp labor productivity price statistical index (economics) output (economics)

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