Canada's Potential Growth: Another Victim of the Crisis?
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| 100 | 1 | |a Estevão, Marcello M. |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Canada's Potential Growth |b Another Victim of the Crisis? |c Estevão, Marcello M |
| 264 | 1 | |a Washington, D.C |b International Monetary Fund |c 2010 | |
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| 490 | 0 | |a IMF Working Papers |v Working Paper No. 10/13 | |
| 520 | 3 | |a 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 | |
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| id | DE-604.BV048351228 |
| illustrated | Not Illustrated |
| indexdate | 2024-12-20T19:42:21Z |
| institution | BVB |
| isbn | 1451962045 9781451962048 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033730496 |
| oclc_num | 1337118891 |
| open_access_boolean | |
| owner | DE-20 DE-824 DE-70 DE-155 DE-BY-UBR DE-29 DE-22 DE-BY-UBG DE-473 DE-BY-UBG DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-BY-UBM DE-739 DE-355 DE-BY-UBR DE-Aug4 DE-1049 DE-12 DE-91 DE-BY-TUM |
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| physical | 1 Online-Ressource (29 p) |
| psigel | ZDB-1-IMF |
| publishDate | 2010 |
| publishDateSearch | 2010 |
| publishDateSort | 2010 |
| publisher | International Monetary Fund |
| record_format | marc |
| series2 | IMF Working Papers |
| spellingShingle | Estevão, Marcello M. Canada's Potential Growth Another Victim of the Crisis? |
| title | Canada's Potential Growth Another Victim of the Crisis? |
| title_auth | Canada's Potential Growth Another Victim of the Crisis? |
| title_exact_search | Canada's Potential Growth Another Victim of the Crisis? |
| title_full | Canada's Potential Growth Another Victim of the Crisis? Estevão, Marcello M |
| title_fullStr | Canada's Potential Growth Another Victim of the Crisis? Estevão, Marcello M |
| title_full_unstemmed | Canada's Potential Growth Another Victim of the Crisis? Estevão, Marcello M |
| title_short | Canada's Potential Growth |
| title_sort | canada s potential growth another victim of the crisis |
| title_sub | Another Victim of the Crisis? |
| url | http://elibrary.imf.org/view/IMF001/10675-9781451962048/10675-9781451962048/10675-9781451962048.xml |
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