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| Author: | Carlaw, K. Kosempel, S. |
| Title: | The sources of total factor productivity growth: Evidence from Canadian data |
| Journal: | Economics of innovation and new technology
2004 : JUN, VOL 13:4, p. 299-309 |
| Index terms: | Technological change Total factor productivity Economic growth Models Canada |
| Language: | eng |
| Abstract: | In this paper, a dynamic general equilibrium model is constructed and used to identify sources of total factor productivity growth in Canada, quantifying their importance. In addition, the model provides procedures for constructing measures of technological progress. It is found that periods of low productivity growth correspond to periods of high growth in investment-specific technology (IST) or high rates of technology embodiment. |
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