Coverart for item
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

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
Creator
Contributor
Author
Issuing body
Subject
Genre
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
Member of
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
Instantiates
Publication
Copyright
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
Publication
Copyright
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.

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