Sources of Canadian economic growth
نویسندگان
چکیده
منابع مشابه
Infrastructure and Canadian Economic Growth
“Canada is a wealthy country, rich in both human and capital resources. The incomes earned by its people today are among the highest in the world. The current high standing is a legacy from previous generations. Over the decades, huge investments have been made in infrastructure. Communications and transportation systems are, for the most part, vast, modern and efficient, joining together far-f...
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At least since 1950, the U.S. economy has benefited from increases in both educational attainment and research intensity. Such changes suggest, contrary to the conventional view, that the U.S. economy is far from its steady-state balanced growth path. This paper develops a model in which these facts are reconciled with the stability of average U.S. growth rates over the last century. In the mod...
متن کاملSources of U.S. Economic Growth in a World of Ideas
Rising educational attainment and research intensity in recent decades suggest that the U.S. economy is far from its steady state. This paper develops a model reconciling these facts with the stability of U.S. growth rates. In the model, long-run growth arises from the worldwide discovery of ideas, which depends on population growth. Nevertheless, constant growth can temporarily proceed at a fa...
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ژورنال
عنوان ژورنال: Canadian Journal of Economics/Revue canadienne d'économique
سال: 2019
ISSN: 0008-4085,1540-5982
DOI: 10.1111/caje.12372