Sectoral Contributions to Labour Productivity Growth
Addressing Canada’s slow productivity growth has become a public policy priority. However, this paper argues that declines or slower growth in aggregate labour productivity should not automatically be interpreted as a deterioration in living standards. Improvements in an economy’s terms of trade als...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
University of Calgary
2025-03-01
|
| Series: | The School of Public Policy Publications |
| Online Access: | https://www.policyschool.ca/wp-content/uploads/2025/03/FP-11-LabProdGrowth-Final.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1849710272838631424 |
|---|---|
| author | Bev Dahlby |
| author_facet | Bev Dahlby |
| author_sort | Bev Dahlby |
| collection | DOAJ |
| description | Addressing Canada’s slow productivity growth has become a public policy priority. However, this paper argues that declines or slower growth in aggregate labour productivity should not automatically be interpreted as a deterioration in living standards. Improvements in an economy’s terms of trade also play a crucial role in advancing living standards. Low rates of productivity
growth may, in some cases, result from welfare-enhancing reallocations of labour into sectors with lower labour productivity. |
| format | Article |
| id | doaj-art-3f320819b8a0453f86391e0ca6dab759 |
| institution | DOAJ |
| issn | 2560-8312 2560-8320 |
| language | English |
| publishDate | 2025-03-01 |
| publisher | University of Calgary |
| record_format | Article |
| series | The School of Public Policy Publications |
| spelling | doaj-art-3f320819b8a0453f86391e0ca6dab7592025-08-20T03:14:58ZengUniversity of CalgaryThe School of Public Policy Publications2560-83122560-83202025-03-011809128http://dx.doi.org/10.55016/ojs/sppp.v18i1.80463Sectoral Contributions to Labour Productivity GrowthBev Dahlby0University of CalgaryAddressing Canada’s slow productivity growth has become a public policy priority. However, this paper argues that declines or slower growth in aggregate labour productivity should not automatically be interpreted as a deterioration in living standards. Improvements in an economy’s terms of trade also play a crucial role in advancing living standards. Low rates of productivity growth may, in some cases, result from welfare-enhancing reallocations of labour into sectors with lower labour productivity.https://www.policyschool.ca/wp-content/uploads/2025/03/FP-11-LabProdGrowth-Final.pdf |
| spellingShingle | Bev Dahlby Sectoral Contributions to Labour Productivity Growth The School of Public Policy Publications |
| title | Sectoral Contributions to Labour Productivity Growth |
| title_full | Sectoral Contributions to Labour Productivity Growth |
| title_fullStr | Sectoral Contributions to Labour Productivity Growth |
| title_full_unstemmed | Sectoral Contributions to Labour Productivity Growth |
| title_short | Sectoral Contributions to Labour Productivity Growth |
| title_sort | sectoral contributions to labour productivity growth |
| url | https://www.policyschool.ca/wp-content/uploads/2025/03/FP-11-LabProdGrowth-Final.pdf |
| work_keys_str_mv | AT bevdahlby sectoralcontributionstolabourproductivitygrowth |