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| 01852cam 2200313za 4500 |
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| 001 | 9.854441 |
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| 003 | CaOODSP |
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| 005 | 20221107155049 |
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| 007 | cr ||||||||||| |
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| 008 | 180319s2018 oncd ob f000 0 eng d |
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| 040 | |aCaOODSP|beng |
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| 041 | |aeng|bfre |
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| 043 | |an-cn---|an-us--- |
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| 086 | 1 |aFB3-5/2018-15E-PDF |
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| 100 | 1 |aSt-Amant, Pierre. |
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| 245 | 10|aFirm dynamics and multifactor productivity |h[electronic resource] : |ban empirical exploration / |cby Pierre St-Amant and David Tessier. |
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| 260 | |a[Ottawa] : |bBank of Canada, |c2018. |
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| 300 | |aiii, 26 p. : |bcol. charts. |
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| 490 | 1 |aBank of Canada staff working paper, |x1701-9397 ; |v2018-15 |
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| 500 | |a"March 2018." |
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| 504 | |aIncludes bibliographical references. |
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| 520 | 3 |a“There are indications that business dynamism has declined in advanced economies. In particular, firm entry and exit rates have fallen, suggesting that the creative destruction process has lost some of its vitality. Meanwhile, productivity growth has slowed. Some believe that lower entry and exit rates partly explain the weaker productivity growth. However, the evidence supporting, or invalidating, this view is scarce. In the present paper, we use multi-horizon causality tests and dynamic simulations with Canadian and US data to examine the following question: Do changes to entry and exit rates provide information about, or Granger-cause, future productivity?"--Abstract, p. ii. |
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| 546 | |aIncludes abstract in French. |
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| 692 | 07|2gccst|aBusinesses |
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| 692 | 07|2gccst|aProductivity |
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| 700 | 1 |aTessier, David,|d1964- |
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| 710 | 2 |aBank of Canada. |
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| 830 | #0|aStaff working paper (Bank of Canada)|x1701-9397 ; |v2018-15.|w(CaOODSP)9.806221 |
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| 856 | 40|qPDF|s663 KB|uhttps://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-5-2018-15-eng.pdf |
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