Contribution of changing energy and import prices to changing average labor productivity: a profit formulation for Canada
Journal Article
·
· Q. J. Econ.; (United States)
In the 1970s there was a noticeable labor productivity slowdown in Canada. In addition to contributions of such traditional variables as changes in capital intensity and quality of labor, this study quantifies contributions of higher energy and changing import prices to productivity changes. A Taylor-series approximation to a restricted profit function representing the Canadian economy helps reveal that rising energy prices have reduced labor productivity by 0.53% per year after 1970 and that the underlying modified rates of technical progress in the 1960s and 1970s, having netted out price of energy - and import - effects, are not dissimilar. 42 references, 3 figures, 3 tables.
- Research Organization:
- York Univ., Toronto, Ontario
- OSTI ID:
- 6446582
- Journal Information:
- Q. J. Econ.; (United States), Journal Name: Q. J. Econ.; (United States) Vol. 100:3; ISSN QJECA
- Country of Publication:
- United States
- Language:
- English
Similar Records
Determinants of coal mine labor productivity change. [1950 to 1977]
Slowdown in productivity growth: analysis of some contributing factors
Economic effects of the rise in energy prices: what have we learned in ten years
Technical Report
·
Wed Oct 31 23:00:00 EST 1979
·
OSTI ID:5721116
Slowdown in productivity growth: analysis of some contributing factors
Journal Article
·
Sun Dec 31 23:00:00 EST 1978
· Brookings Pap. Econ. Act.; (United States)
·
OSTI ID:5626646
Economic effects of the rise in energy prices: what have we learned in ten years
Conference
·
Tue May 01 00:00:00 EDT 1984
· Am. Econ. Rev.; (United States)
·
OSTI ID:7154650