D24 - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T16:24:37+00:00Regulation, Emissions and Productivity: Evidence from China’s Eleventh Five-Year Plan
https://www.bankofcanada.ca/2024/03/staff-working-paper-2024-7/
We study the degree to which China’s 11th Five-Year Plan softens trade-offs between emissions and output. Our model suggests efficient regulation could have further increased aggregate productivity by 3.5% and output by 4.7% without any increase in aggregate emissions.2024-03-21T14:07:50+00:00enRegulation, Emissions and Productivity: Evidence from China’s Eleventh Five-Year Plan2024-03-21Climate changeProductivityStaff Working Paper 2024-7https://www.bankofcanada.ca/wp-content/uploads/2024/03/swp2024-7.pdfRegulation, Emissions and Productivity: Evidence from China’s Eleventh Five-Year PlanBrantly CallawayTong LiJoel RodrigueYuya SasakiYong TanMarch 2024CC2C21DD2D24QQ5Q53Contribution of Human Capital Accumulation to Canadian Economic Growth
https://www.bankofcanada.ca/2022/04/staff-discussion-paper-2022-7/
This paper quantifies the contribution of human capital accumulation to the growth of real gross domestic product (GDP) in Canada.2022-04-01T14:53:39+00:00enContribution of Human Capital Accumulation to Canadian Economic Growth2022-04-01Econometric and statistical methodsLabour marketsPotential outputProductivityStaff Discussion Paper 2022-7https://www.bankofcanada.ca/wp-content/uploads/2022/04/sdp2022-7.pdfStaff Discussion Paper 2022-7Audra BowlusYoungmin ParkChris RobinsonApril 2022DD2D24EE2E24JJ2J24J3J31OO4O47Firm-level Investment Under Imperfect Capital Markets in Ukraine
https://www.bankofcanada.ca/2019/04/staff-working-paper-2019-14/
This paper develops and estimates a model of firm-level fixed capital investment when
firms face borrowing constraints.2019-04-10T13:15:12+00:00enFirm-level Investment Under Imperfect Capital Markets in Ukraine2019-04-10Econometric and statistical methodsEconomic modelsFirm dynamicsStaff Working Paper 2019-14https://www.bankofcanada.ca/wp-content/uploads/2019/04/swp2019-14.pdfFirm-level Investment Under Imperfect Capital Markets in UkraineOleksandr ShcherbakovApril 2019CC6C61C63DD2D24GG3G31The Productivity Slowdown in Canada: An ICT Phenomenon?
https://www.bankofcanada.ca/2019/01/staff-working-paper-2019-2/
We ask whether a weaker contribution of information and communication technologies (ICT) to productivity growth could account for the productivity slowdown observed in Canada since the early 2000s. To answer this question, we consider several methods capturing channels through which ICT could affect aggregate productivity growth.2019-01-14T09:12:58+00:00enThe Productivity Slowdown in Canada: An ICT Phenomenon?2019-01-14ProductivityStaff Working Paper 2019-2https://www.bankofcanada.ca/wp-content/uploads/2019/01/swp2019-2.pdfThe Productivity Slowdown in Canada: An ICT Phenomenon?Jeffrey MollinsPierre St-AmantJanuary 2019DD2D24OO4O41O47Does Outward Foreign Investment Matter for Canadian Productivity? Evidence from Greenfield Investments
https://www.bankofcanada.ca/2018/07/staff-working-paper-2018-31/
This paper seeks to understand how outward foreign direct investment (FDI) affects the productivity of Canadian firms. We estimate the impact of outward greenfield investment on measures of firm-level productivity using FDI data from roughly 2,000 Canadian firms and more than 4,000 outward FDI projects over the 2003–14 period.2018-07-16T15:46:51+00:00enDoes Outward Foreign Investment Matter for Canadian Productivity? Evidence from Greenfield Investments2018-07-16Firm dynamicsProductivityStaff Working Paper 2018-31https://www.bankofcanada.ca/wp-content/uploads/2018/07/swp2018-31.pdfDoes Outward Foreign Investment Matter for Canadian Productivity? Evidence from Greenfield InvestmentsNaveen RaiLena SuchanekMaria BernierJuly 2018DD2D24FF2F21F23Firm Dynamics and Multifactor Productivity: An Empirical Exploration
https://www.bankofcanada.ca/2018/03/staff-working-paper-2018-15/
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.2018-03-27T10:17:10+00:00enFirm Dynamics and Multifactor Productivity: An Empirical Exploration2018-03-27Firm dynamicsProductivityStaff Working Paper 2018-15https://www.bankofcanada.ca/wp-content/uploads/2018/03/swp2018-15.pdfFirm Dynamics and Multifactor Productivity: An Empirical ExplorationPierre St-AmantDavid TessierMarch 2018DD2D24MM1M13OO4O47Acceptance and Use of Payments at the Point of Sale in Canada
https://www.bankofcanada.ca/wp-content/uploads/2017/11/boc-review-autumn2017-fung.pdf
Merchants universally accept cash. Consumers widely hold cash but also carry debit and credit cards. The cost of using a method of payment has only a small influence on which method consumers use. Large merchants accept all payments, while only two-thirds of small and medium-sized businesses accept credit cards. Merchants report that credit cards are the costliest payment method compared with cash and debit cards. However, costs are not the only consideration. Merchant acceptance of credit accounts for the many con-sumers that want to use credit cards. This interaction between consumers and merchants is known as network externalities.2017-11-16T12:22:59+00:00enAcceptance and Use of Payments at the Point of Sale in Canada2017-11-16The Digital Economy
https://www.bankofcanada.ca/wp-content/uploads/2017/05/boc-review-spring17-dsouza.pdf
Digital technologies—cloud computing, the Internet of Things, advanced robotics, big data analytics, artificial intelligence and machine learning, social media, 3D printing, augmented reality, virtual reality, e-money and distributed ledgers—are transforming the way busi-nesses operate. How does this transformation compare with past industrial revolutions? How are digital technologies changing production systems across industries? Agile firms that use knowledge intensively and have high levels of both organizational and human capital appear set to realize the greatest benefits from digitalization. Finally, what are the implications for productivity, labour markets, inflation and monetary policy as we transition to the digital economy?2017-05-11T10:30:31+00:00enThe Digital Economy2017-05-11Why Is Global Business Investment So Weak? Some Insights from Advanced Economies
https://www.bankofcanada.ca/wp-content/uploads/2017/05/boc-review-spring17-fay.pdf
Various drivers of business investment can be used to explain the underwhelming performance of investment in advanced economies since the global financial crisis, particularly since 2014. The slow growth in aggregate demand cannot by itself explain the full extent of the recent weakness in investment, which appears to be linked primarily to the collapse of global commodity prices and a rise in economic uncertainty. Looking ahead, business investment growth is likely to remain slower than in the pre-crisis period, largely because of structural factors such as population aging.2017-05-11T10:26:31+00:00enWhy Is Global Business Investment So Weak? Some Insights from Advanced Economies2017-05-11The Costs of Point-of-Sale Payments in Canada
https://www.bankofcanada.ca/2017/03/staff-discussion-paper-2017-4/
Using data from our 2014 cost-of-payments survey, we calculate resource costs for cash, debit cards and credit cards. For each payment method, we examine the total cost incurred by consumers, retailers, financial institutions and infrastructures, the Royal Canadian Mint and the Bank of Canada.2017-03-28T12:37:45+00:00enThe Costs of Point-of-Sale Payments in Canada2017-03-28Bank notesDigital currencies and fintechFinancial institutionsPayment clearing and settlement systemsStaff Discussion Paper 2017‐4https://www.bankofcanada.ca/wp-content/uploads/2017/03/sdp2017-4.pdfThe Costs of Point-of-Sale Payments in CanadaAnneke KosseHeng ChenMarie-Hélène FeltValéry Dongmo JiongoKerry NieldAngelika WelteMarch 2017DD1D12D2D23D24EE4E41E42GG2G21LL2