Fixing the Canadian Productivity Lag

On the global and mailing blog of November 2011, according to the author's conclusion, Canada's production capacity is behind Canadian disposable income in 2008 by US $ 7,500 per year (compared to the US). This is one of the conclusions of model simulation by the Canadian Conference Committee (Arcane & Lefebvre, 2011). In addition, the model also shows that if Canada and the United States are in tune, real GDP will increase by $ 8,500 in 2008, corporate earnings will increase by 40% and government revenues will increase by 31% (Grant, 2011) .

Government promotion activities focused on Upper Canada (Ontario) and coastal states, but the export of wheat from Canada's downstream (Quebec) slightly increased before 1800. However, the decline in Canadian wheat production is far behind that of Upper Canada's wheat production. Half of the nineteenth century Canada's low-level agricultural failure is a soil depletion due to the relatively inappropriate climate and soil in the cultivation of wheat, which is the only crop with great potential for export in this region, Some people think the population is increasing more rapidly than this period. Because there is little surplus of reinvestment of production capital stock, the development of inland road systems downstream of Canada is very slow and transportation costs are still relatively high.

Fixed production capital - defined as equipment assets used for the production of goods and services and incomplete construction project, accounting for 94% of 1996 capital stock. 55% of this fixed production capital supports the production of goods and 45% supports the service. For international comparison, it is best to reevaluate Russian capital stock in US dollars. According to Abram Bergson's estimated renewable capital stock (fixed capital and inventory), in 1975 the Soviet capital stock accounted for 79% of the US. In the next 10 years, this figure rose to 117% and in 1990 it went up to 135. The proportion of Russia's member states in the Soviet Union is 62%, accounting for 84% of the US stock market. However, Russian statistical organizations changed the purchase price estimate several times in the 1990s.

In a real scenario, paying to a capital provider predicts that growth in wages will be slower than growth in productivity, so it is not surprising that long-term graphs are not so. One explanation is that in developing markets (generally the world can still be regarded as a developing country), productivity gains are less expensive and therefore require less capital, so the associated tradeoffs It is low. Update: Clearly. We have not shown that this delay is caused by fair capital gains (regardless of fairness in this context, this is a completely different worm).