Canada's Potential Growth

Released on by Mr.Marcello M. Estevão
preview-18

  • Canada's Potential Growth Book Detail

  • Author : Mr.Marcello M. Estevão
  • Release Date : 2010-01-01
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 30
  • ISBN 13 : 1451962045
  • File Size : 60,60 MB
DOWNLOAD BOOK

Canada's Potential Growth by Mr.Marcello M. Estevão PDF Summary

Book Description: 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 sizeable 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.

Disclaimer: www.yourbookbest.com does not own Canada's Potential Growth books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Canada's Potential Growth

Canada's Potential Growth

File Size : 86,86 MB
Total View : 291 Views
DOWNLOAD

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

Economic Growth in Canada

Economic Growth in Canada

File Size : 20,20 MB
Total View : 5168 Views
DOWNLOAD

This timely study fills some serious gaps in the historical record of economic development in Canada and compares it with that in the United States pointing out