00000nam 2200000za 4500 9.826599 CaOODSP 20221107144625 cr ||||||||||| 161121s2016 onc obs f000 0 eng d 978-0-660-06680-6 CaOODSP eng CS11-0019/384E-PDF Leung, Danny. Firm-specific shocks and aggregate fluctuations in the Canadian manufacturing sector, 2000 to 2012 [electronic resource] / by Danny Leung, Leonid Karasik, Ben Tomlin. [Ottawa] : Statistics Canada, c2016. 19 p. Analytical Studies Branch research paper series, 1205-9153 ; no. 384 Issued also in French under title: Chocs propres à l’entreprise et fluctuations agrégées dans le secteur de la fabrication au Canada, 2000 à 2012. "November 2016." Includes bibliographical references. "In order to understand what drives aggregate fluctuations, many macroeconomic models point to aggregate shocks and discount the contribution of firm-specific shocks. Recent research from other developed countries, however, has found that aggregate fluctuations are in part driven by shocks to large firms. Using data on Canadian firms from the T2-LEAP database, which links financial statements from firms’ Corporate Income Tax Returns with employment data from the Longitudinal Employment Analysis Program, this paper examines the contribution of large firms to industry-level fluctuations in gross output, investment and employment in the manufacturing sector. The data suggest that shocks to large firms can explain as much as 46% and 37% of the fluctuations in gross output and investment, respectively, but do not contribute to fluctuations in employment"--Abstract, p. 5. gccst Manufacturing industry gccst Statistics Karasik, Leonid. Tomlin, Ben. Statistics Canada. Analytical Studies Branch. Chocs propres à l’entreprise et fluctuations agrégées dans le secteur de la fabrication au Canada, 2000 à 2012 (CaOODSP)9.826602 Research paper series (Statistics Canada. Analytical Studies Branch) 1205-9153 ; no. 384 (CaOODSP)9.504421 PDF 336 KB https://publications.gc.ca/collections/collection_2016/statcan/11f0019m/11f0019m2016384-eng.pdf 11F0019M No. 384