International Productivity Monitor

Covers the importance of productivity for improving living standards and quality of life, productivity issues, trends and developments in Canada and other countries and serves as a vehicle for the international discussion of productivity topics.

Articles from No. 17, Fall

Bibliography
Alcala, F. and I. Sancho (2000) "Inflation and Factor Shares," Universidad de Marcia, Working Paper No. 460.00, May. Anderson, R. G. (2007) "How Well Do Wages Follow Productivity Growth?" National Economic Trends, March. Arsenault, J. and A....
Comportement De Demande De TIC: Une Comparaison Internationale
1. Introduction Sur le moyen-terme, les gains de productivite sont fortement lies aux transformations de la combinaison productive liees aux evolutions technologiques et a l'innovation. A ce titre, sur les dernieres decennies, la revolution technologique...
Editor's Overview
THIS 17TH ISSUE OF THE International Productivity Monitor published by the Centre for the Study of Living Standards contains six articles. Topics covered are the effect of labour market regulation on productivity in OECD countries; the relationship...
Executive Summary
In the long run, the most direct mechanism by which labour productivity affects living standards is through real wages, that is, wages adjusted for changes in the cost of living. Economic theory holds that at the aggregate level the growth of real...
ICT Production and Productivity in Sweden and Finland, 1975-2004
DURING THE DECADES AFTER World War II, the Western European countries that are currently members of the EU experienced faster labour productivity (LP) growth than the United States. In the mid 1990s, this convergence turned into divergence. This occurred...
III. Frameworks for the Analysis of the Relationship between Labour Productivity and Income
Part III explains the theoretical framework that underpins the analysis of the relationship between labour productivity and real wages in this report. Real wages will be defined and discussed in detail. First, a simple economic model is constructed...
II. Literature Review
The finding that real median earnings in Canada have barely moved in 25 years is only the most recent news in a long-running debate over the relationship between labour productivity and real wages. In Canada, a number of analysts have explored the...
I. Introduction
A. Motivation In the long run, the most direct route by which labour productivity affects living standards is through real wages, that is, wages adjusted for the cost of living. Economic theory holds that at the aggregate level the growth of real...
Improving US National Accounts Integration and Consistency: A Review Article on A New Architecture for the U.S. National Accounts
J. JOSEPH BEAULIEU AND ERIC J. Bartelsman introduce Chapter 8 of this book by a French proverb: "A man with one watch knows what time it is; a man with two watches is never quite sure." The pending question is about that man without a watch; is he...
IV. Understanding the Relationship between Labour Productivity and Real Wages: Conceptual, Definitional and Measurement Issues
Conceptual, definitional, and measurement issues associated with the relationship between labour productivity and real wages can be organized into four general areas: * labour input, * nominal wages, * nominal output, and * deflators. ...
The Impact of Labour Market Policies on Productivity in OECD Countries
GROWTH IN GDP PER CAPITA, one of the primary economic policy objectives of OECD countries, can be decomposed into the growth of two components: labour utilisation and labour productivity. (2) During the 1990s, labour productivity growth accounted for...
The Measurement of TFP in an Unstable Economy: Argentina 1990-2004: "A Case of the Tyranny of Numbers Economic Cycle and Methodology"
INDEX 1. Introduction 4 2. Sources of Growth 8 2.1 Basic Sources of Growth 8 2.2 Instability of Relative Prices and Aggregate...
The Measurement of TFP in Argentina, 1990-2004: A Case of the Tyranny of Numbers, Economic Cycles and Methodology
DURING THE 1990S, LABOUR productivity grew at a robust pace in Argentina. It is widely believed that much of the labour productivity growth was due to the growth of total factor productivity (TFP), i.e. associated exclusively with positive shifts in...
The Relationship between Labour Productivity and Real Wages Growth in Canada and OECD Countries
The most direct mechanism by which labour productivity affects living standards is through real wages, that is, wages adjusted to reflect the cost of living. Between 1980 and 2005, the median real earnings of Canadians workers stagnated, while labour...
VI. Explanations of Developments in the Relationship between Labour Productivity and Real Wages in Canada
Previous sections have summarized the theory and challenges underlying the measurement of the relationship between labour productivity and real wages as well as reviewed recent trends in Canada and other OECD countries. This part of the report suggests...
VIII. Conclusion
The median real earnings of Canadians barely increased between 1980 and 2005; over the same period, labour productivity rose by 37.4 per cent. This divergence can be explained by four factors: measurement issues associated with wages, an increase in...
VII. Policy Implications
This part outlines potential policy implications of the findings of this report. Since the objective of government policy is to increase well-being, increasing real wages, which in turn raise living standards, a key determinant of well-being, can be...
V. Trends in Labour Productivity and Wages in Canada, the United States and Other OECD Countries, 1961-2007
This part of the report is divided into four sections. The first three sections respectively analyze trends in the relationship between labour productivity, product wages, and consumption wages in Canada, at the national, provincial and industry level,...
What Explains the ICT Diffusion Gap between the Major Advanced Countries? an Empirical Analysis
IN RECENT YEARS, A LARGE BODY of literature (e.g. OECD 2003) has shown that the level of information and communications technology (ICT) diffusion, and, as a result, the favourable effects of this diffusion on productivity, differs greatly between...
Why Have Real Wages Lagged Labour Productivity Growth in Canada?
THE MOST DIRECT ROUTE by which labour productivity affects living standards is through gains in real wages, that is, wages adjusted for the cost of living. Yet median real wages have stagnated in Canada since 1980 despite significant productivity gains....
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