The Resource Canada's potential growth : another victim of the crisis?, prepared by Marcello Estevão and Evridiki Tsounta
Canada's potential growth : another victim of the crisis?, prepared by Marcello Estevão and Evridiki Tsounta
Resource Information
The item Canada's potential growth : another victim of the crisis?, prepared by Marcello Estevão and Evridiki Tsounta represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of San Diego Libraries.This item is available to borrow from 1 library branch.
Resource Information
The item Canada's potential growth : another victim of the crisis?, prepared by Marcello Estevão and Evridiki Tsounta represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of San Diego Libraries.
This item is available to borrow from 1 library branch.
- Summary
- This study investigates the impact of the current financial crisis on Canada's potential GDP growth. Using a simple accounting framework to decompose trend GDP growth into changes in capital, labor services and total factor productivity, we find a sizable drop in Canadian potential growth in the short term. The estimated decline of about 1 percentage point originates from a sharply decelerating capital stock accumulation (as investment has dropped steeply) and a rising long-term unemployment rate (which would raise equilibrium unemployment rates). However, over the medium term, we expect Canada's potential GDP growth to gradually rise to around 2 percent, below the pre-crisis growth rate, mostly reflecting the effects of population aging and a secular decline in average working hours
- Language
- eng
- Extent
- 1 online resource (28 pages)
- Note
-
- "January 2010."
- At head of title: Western Hemisphere Department
- Title from PDF title page (viewed Jan. 27, 2010)
- Contents
-
- I. Introduction
- II. Some theoretical considerations
- III. Impact of past financial crises on potential
- IV. Productivity developments in the Canadian business sector
- V. Canada's NAIRU
- VI. A simple framework to decompose and project potential GDP growth
- VII. Results
- VIII. A look at past Canadian recessions
- IX. Conclusions and policy implications
- Isbn
- 9781283566353
- Label
- Canada's potential growth : another victim of the crisis?
- Title
- Canada's potential growth
- Title remainder
- another victim of the crisis?
- Statement of responsibility
- prepared by Marcello Estevão and Evridiki Tsounta
- Subject
-
- Economic development
- Economic development -- Canada
- Electronic books
- Financial crises
- Financial crises -- Canada
- Global Financial Crisis (2008-2009)
- Global Financial Crisis, 2008-2009
- Industrial productivity
- Industrial productivity -- Canada
- Labor productivity
- Labor productivity -- Canada
- Canada
- 2008-2009
- Language
- eng
- Summary
- This study investigates the impact of the current financial crisis on Canada's potential GDP growth. Using a simple accounting framework to decompose trend GDP growth into changes in capital, labor services and total factor productivity, we find a sizable drop in Canadian potential growth in the short term. The estimated decline of about 1 percentage point originates from a sharply decelerating capital stock accumulation (as investment has dropped steeply) and a rising long-term unemployment rate (which would raise equilibrium unemployment rates). However, over the medium term, we expect Canada's potential GDP growth to gradually rise to around 2 percent, below the pre-crisis growth rate, mostly reflecting the effects of population aging and a secular decline in average working hours
- Action
- digitized
- Cataloging source
- DJB
- http://bibfra.me/vocab/lite/collectionName
- IMF eLibrary
- http://library.link/vocab/creatorName
- Estevão, Marcello M
- Government publication
- international or intergovernmental publication
- Illustrations
- illustrations
- Index
- no index present
- LC call number
- HG3810 ONLINE
- Literary form
- non fiction
- Nature of contents
-
- dictionaries
- bibliography
- http://library.link/vocab/relatedWorkOrContributorName
-
- Tsounta, Evridiki
- International Monetary Fund
- Series statement
- IMF Working Paper
- Series volume
- WP/10/13
- http://library.link/vocab/subjectName
-
- Global Financial Crisis (2008-2009)
- Economic development
- Financial crises
- Global Financial Crisis, 2008-2009
- Industrial productivity
- Labor productivity
- Economic development
- Financial crises
- Industrial productivity
- Labor productivity
- Canada
- Label
- Canada's potential growth : another victim of the crisis?, prepared by Marcello Estevão and Evridiki Tsounta
- Note
-
- "January 2010."
- At head of title: Western Hemisphere Department
- Title from PDF title page (viewed Jan. 27, 2010)
- Bibliography note
- Includes bibliographical references (pages 20-24)
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Color
- multicolored
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
- I. Introduction -- II. Some theoretical considerations -- III. Impact of past financial crises on potential -- IV. Productivity developments in the Canadian business sector -- V. Canada's NAIRU -- VI. A simple framework to decompose and project potential GDP growth -- VII. Results -- VIII. A look at past Canadian recessions -- IX. Conclusions and policy implications
- Control code
- 502172168
- Dimensions
- unknown
- Extent
- 1 online resource (28 pages)
- Form of item
- online
- Isbn
- 9781283566353
- Issn
- 2227-8885
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Other control number
- 10.5089/9781451918625.001
- Other physical details
- color illustrations
- Reproduction note
- Electronic reproduction.
- Specific material designation
- remote
- System control number
- (OCoLC)502172168
- System details
- Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
- Label
- Canada's potential growth : another victim of the crisis?, prepared by Marcello Estevão and Evridiki Tsounta
- Note
-
- "January 2010."
- At head of title: Western Hemisphere Department
- Title from PDF title page (viewed Jan. 27, 2010)
- Bibliography note
- Includes bibliographical references (pages 20-24)
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Color
- multicolored
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
- I. Introduction -- II. Some theoretical considerations -- III. Impact of past financial crises on potential -- IV. Productivity developments in the Canadian business sector -- V. Canada's NAIRU -- VI. A simple framework to decompose and project potential GDP growth -- VII. Results -- VIII. A look at past Canadian recessions -- IX. Conclusions and policy implications
- Control code
- 502172168
- Dimensions
- unknown
- Extent
- 1 online resource (28 pages)
- Form of item
- online
- Isbn
- 9781283566353
- Issn
- 2227-8885
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Other control number
- 10.5089/9781451918625.001
- Other physical details
- color illustrations
- Reproduction note
- Electronic reproduction.
- Specific material designation
- remote
- System control number
- (OCoLC)502172168
- System details
- Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Subject
- Economic development
- Economic development -- Canada
- Electronic books
- Financial crises
- Financial crises -- Canada
- Global Financial Crisis (2008-2009)
- Global Financial Crisis, 2008-2009
- Industrial productivity
- Industrial productivity -- Canada
- Labor productivity
- Labor productivity -- Canada
- Canada
- 2008-2009
Genre
Member of
Library Links
Embed
Settings
Select options that apply then copy and paste the RDF/HTML data fragment to include in your application
Embed this data in a secure (HTTPS) page:
Layout options:
Include data citation:
<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.sandiego.edu/portal/Canadas-potential-growth--another-victim-of-the/pnXuHwrm8PY/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.sandiego.edu/portal/Canadas-potential-growth--another-victim-of-the/pnXuHwrm8PY/">Canada's potential growth : another victim of the crisis?, prepared by Marcello Estevão and Evridiki Tsounta</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.sandiego.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.sandiego.edu/">University of San Diego Libraries</a></span></span></span></span></div>
Note: Adjust the width and height settings defined in the RDF/HTML code fragment to best match your requirements
Preview
Cite Data - Experimental
Data Citation of the Item Canada's potential growth : another victim of the crisis?, prepared by Marcello Estevão and Evridiki Tsounta
Copy and paste the following RDF/HTML data fragment to cite this resource
<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.sandiego.edu/portal/Canadas-potential-growth--another-victim-of-the/pnXuHwrm8PY/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.sandiego.edu/portal/Canadas-potential-growth--another-victim-of-the/pnXuHwrm8PY/">Canada's potential growth : another victim of the crisis?, prepared by Marcello Estevão and Evridiki Tsounta</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.sandiego.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.sandiego.edu/">University of San Diego Libraries</a></span></span></span></span></div>
