Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/53890
Authors: 
Leung, Danny
Zheng, Yi
Year of Publication: 
2008
Series/Report no.: 
Bank of Canada Working Paper 2008,4
Abstract: 
In this paper we explore variables that may have an impact on multifactor productivity (MFP) in the long-run using the KLEMS database for Canada. We estimate a dynamic heterogeneous panel error-correction model of twelve 2-digit level industries. Variables investigated include ICT capital, outsourcing, competition, trade openness, public infrastructure, and R&D. Results suggest that over the 1976 - 2003 period ICT capital services, outsourcing and trade all had a positive impact on the level of industry MFP. The speed of adjustment varies significantly by industry.
Subjects: 
Productivity
JEL: 
C23
D24
O30
Document Type: 
Working Paper

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