00000nam##2200000za#4500 9.644585 CaOODSP 20200515103501 ta 150407|1992||||xxc||||| f|0| 0 eng|d 0-660-14683-5 CaOODSP eng n-cn--- EC22-190/1992E Economic Council of Canada. Productivity, competitiveness, trade performance and real income : the nexus among four concepts / by James R. Markusen. Ottawa - Ontario : Economic Council of Canada 1992. 155p. : graphs, references, tables ; 23 cm. By James R. Markusen. This study analyzes the determinants of, and the linkages and interactions among four key concepts: productivity, trade performance, real income, and competitiveness,using the competitive and industrial organization models. The study indicates that there is nothing bad about Canada losing competitiveness in low-wage, low-skill, labour-intensive manufacturing, though this does mean that the issue of adjustment costs must be addressed through public policies. Professor Markusen emphasizes the need for caution with respect to industrial, trade and macro-economic policies, because certain changes to the economy are irreversible. By pushing the economy on to new, possibly diverging development paths, today's policy decisions can have cumulative and long-lasting consequences for future productivity and real income. Graphs, references, tables. Softcover 92-45 1992-11-06 Industrial productivity gcpds Competitiveness gcpds Trade gcpds Markusen, James R. Productivité, compétitivité, performance commerciale et revenu réel : (CaOODSP)9.678415 Productivity, competitiveness, trade performance and real income : (CaOODSP)9.869023