What is restraining non-energy export growth? / by Dany Brouillette ... [et al.]: FB3-7/2018-25E-PDF
"This note summarizes the key findings from Bank of Canada staff analytical work examining the reasons for the recent weakness in Canadian non-energy exports. Canada steadily lost market share in US non-energy imports between 2002 and 2017, mostly reflecting continued and broad-based competitiveness losses. In addition to this evidence from the demand side, industry analysis points to supply constraints that are limiting export growth, such as physical capacity and shortages of skilled labour. Transportation bottlenecks, environmental and regulatory changes, and the inability to source raw materials also appear to be limiting export growth in some industries. Evidence suggests supply-side capacity constraints at the industry level as well. These constraints mainly reflect a decline in the factors of production, such as labour input and capital stock, which are likely related to the ongoing competitiveness losses."--Abstract, p. ii.
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| Department/Agency | Bank of Canada. |
|---|---|
| Title | What is restraining non-energy export growth? / by Dany Brouillette ... [et al.] |
| Series title | Staff analytical note = Note analytique du personnel, 2369-9639 ; 2018-25 |
| Publication type | Series - View Master Record |
| Language | [English] |
| Format | Electronic |
| Electronic document | |
| Note(s) | Cover title. Includes bibliographical references. Includes abstract in French. |
| Publishing information | Ottawa : Bank of Canada, c2018. |
| Author / Contributor | Brouillette, Dany, 1978- |
| Description | iii, 16 p. : col. charts. |
| Catalogue number |
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| Subject terms | Monetary policy |
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