Template-Type: ReDIF-Article 1.0
Author-Name: Dahlby, Bev
Author-Workplace-Name: University of Calgary
Title: Sectoral Contributions to Labour Productivity Growth
Abstract: Addressing Canada’s slow productivity growth has become a public policy priority. However,
this paper argues that declines or slower growth in aggregate labour productivity should not
automatically be interpreted as a deterioration in living standards. Improvements in an economy’s
terms of trade also play a crucial role in advancing living standards. Low rates of productivity
growth may, in some cases, result from welfare-enhancing reallocations of labour into sectors
with lower labour productivity.
Volume: 18
Issue: 09
Year: 2025
Month: March
File-URL: https://www.policyschool.ca/wp-content/uploads/2025/03/FP-11-LabProdGrowth-Final.pdf
File-Format: Application/pdf
Handle: RePEc:clh:resear:v:18:y:2025:i:09