Canadian Manufacturing Volume I: A Study in Productivity and Technological Change: Sector Performance and Industrial StrategyFrom the back cover: VOLUME 1 outlines the study's methodology and considers the explanations that have been proposed for Canada's productivity showdown. The study's data suggest that the decline is attributable more to outdated caiptal equipment than to the commonly cited "slump" in labour productivity. Author Uri Zohar applies the study's findings to the problem of industrial strategy: since the performance of different industries is highly disparate and subject to rapid change, macroeconomic policy is unlikely to be beneficial to all of them at once. A more specialized policy is needed one that backs "winner" industries identified on the basis of productivity measurements and national choices about social and economic development. VOLUME 2 provides the most extensive time-series studies done to date on manufacturing industries. Performance in each of the nineteen industry groups is studied using four production functions that quantify various factors contributing to productivity, and each industry group is compared against a benchmark average for the entire sector. |
Contents
VID 833259721 | 1 |
Aggregate Analysis of the Manufacturing Sector | 9 |
Industry Analysis | 40 |
Copyright | |
8 other sections not shown
Common terms and phrases
average beverage products Canadian manufacturing capacity utilization capital intensity Capital Output Stock cent chemical and chemical Cobb-Douglas Compounded Annual Rate Days Capital Output economies of scale elasticity of substitution Electrical and electronic estimated factors of production Food and beverage Furniture and fixtures Gross capital stock H H H H H L H increase industrial strategy INDUSTRIES 1971 dollars labour efficiency labour productivity Machinery manufacturing industries manufacturing sector marginal productivity measure Metal fabricating Non-metallic mineral Output Stock Prices Paid Paid Stock Paid Stock CPI Petroleum and coal Primary metals Printing and publishing Productivity and Capital productivity growth progress function rate of change rate of growth real earnings returns to scale Rubber and plastic Salaries Weekly Person scale economies SELECTED DATA Statistics Canada Stock CPI 000s technological change Textile total factor productivity Total Value Gross Translog Transportation equipment Uri Zohar value added variable VES PRODUCTION FUNCTION Wage Share Wages & Total