Structural change and the adjustment process : perspectives on firm growth and worker turnover / John R. Baldwin, Paul K. Gorecki.: EC22-166/1990E-PDF
"Change in the Canadian economy is pervasive. Resources are constantly being transferred from one use to another for a variety of reasons. During this process, firms decline or exit from an industry because of inept management, better returns in another industry, or because a new idea or new project did not meet expectations. Workers quit or are laid off because of a mismatch between skills supplied and those demanded. This turnover in firms and workers is endemic to the workings of a market economy. It provides the adjustment required for adaptation. Firm and worker turnover serve to reallocate resources from lower- to higher-value uses and thus make an important contribution to the growth of the Canadian economy"--Introduction, page [1].
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.868846&sl=0
| Department/Agency | Economic Council of Canada. |
|---|---|
| Title | Structural change and the adjustment process : perspectives on firm growth and worker turnover / John R. Baldwin, Paul K. Gorecki. |
| Variant title | Perspectives on firm growth and worker turnover |
| Publication type | Monograph |
| Language | [English] |
| Format | Electronic |
| Electronic document | |
| Note(s) | Includes bibliographic references. |
| Publishing information | [Ottawa : Economic Council of Canada, 1990] ©1990 |
| Author / Contributor | Baldwin, John R.author.(John Russel) Gorecki, Paul K., 1948- author. |
| Description | 1 online resource (xxi, 211 pages) : charts. |
| Catalogue number |
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| Subject terms | Corporations Employment |