IDEAS home Printed from https://ideas.repec.org/h/sls/repsls/v2y2002tfdh.html
   My bibliography  Save this book chapter

The Long View: Labour Productivity, Labour Income and Living Standards in Canada

In: The Review of Economic Performance and Social Progress 2002: Towards a Social Understanding of Productivity

Author

Listed:
  • Tony Fisher

    (Economist, Economic Studies and Policy Analysis Branch of Finance Canada)

  • Doug Hostland

    (Economist, International Department of the Bank of Canada)

Abstract

In this chapter, Tony Fisher and Doug Hostland provide an historical perspective on trends in labour productivity, labour income and living standards in Canada. They find that, once the appropriate adjustments are made, the labour share and the non-labour share (composed of profits, interest and investment income, and incorporated business income) in national income tend to revert to their historical means over the 1926-2001 historical period, although divergences may last for several years. They note, for example, that the decline in the labour share in Canada since 1994 has not been due to any increase in profit share, but to an increase in the share of depreciation or capital consumption allowances associated with the short services lives of high-tech investment goods.

Suggested Citation

  • Tony Fisher & Doug Hostland, 2002. "The Long View: Labour Productivity, Labour Income and Living Standards in Canada," The Review of Economic Performance and Social Progress, in: Andrew Sharpe, Executive Director & France St-Hilaire, Vice-President , Research & Keith Banting, Di (ed.), The Review of Economic Performance and Social Progress 2002: Towards a Social Understanding of Productivity, volume 2, Centre for the Study of Living Standards;The Institutute for Research on Public Policy.
    • Handle: RePEc:sls:repsls:v:2:y:2002:tfdh
    as

    Download full text from publisher

    File URL: http://www.csls.ca/repsp/2/fisherandhostland.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Anna Sabadash, 2013. "ICT-induced Technological Progress and Employment: A Literature Review," JRC Working Papers on Digital Economy 2013-07, Joint Research Centre.
    2. Anna Sabadash, 2013. "ICT-induced Technological Progress and Employment: a Happy Marriage or a Dangerous Liaison? A Literature Review," JRC Research Reports JRC76143, Joint Research Centre.
    3. James Uguccioni, Andrew Sharpe and Alexander Murray, 2016. "Labour Productivity and the Distribution of Real Earnings in Canada, 1976 to 2014," CSLS Research Reports 2016-15, Centre for the Study of Living Standards.
    4. Andrew Sharpe & James Uguccioni, 2017. "Decomposing the Productivity Wage Nexus in Selected OECD Countries, 1986-2013," International Productivity Monitor, Centre for the Study of Living Standards, vol. 32, pages 25-43, Spring.
    5. Y. R. Waarts & V. Janssen & R. Aryeetey & D. Onduru & D. Heriyanto & S. Tin Aprillya & A. N’Guessan & L. Courbois & D. Bakker & V. J. Ingram, 2021. "Multiple pathways towards achieving a living income for different types of smallholder tree-crop commodity farmers," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 13(6), pages 1467-1496, December.

    More about this item

    Keywords

    Productivity; Labor Productivity; Labour Productivity; Growth; Wages; Income; Living Standards; Well-being; Wellbeing; Well Being; Long-run; Taxes; Labour Income; Labor Income; Non-labour Income; Non-labor Income; Business Income; Corporate Profits; Investment Income; Real Wage Growth;
    All these keywords.

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • N12 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - U.S.; Canada: 1913-
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sls:repsls:v:2:y:2002:tfdh. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CSLS (email available below). General contact details of provider: https://edirc.repec.org/data/cslssca.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.