Adaptation In Canadian Manufacturing

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ISBN 13 : 9781100131245
Total Pages : 0 pages
Book Rating : 4.1/5 (312 download)

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Download or read book The Canadian manufacturing sector written by and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The level of uncertainty will depend on several factors: the nature of the functional form used in the multivariate analysis, the type of econometric technique employed, the appropriateness of the statistical assumptions embedded in the model or technique, the comprehensiveness of the variables included in the analysis, and the accuracy of the data that are used. [...] The fact that manufacturing's share of the value of goods produced fell does not imply that the absolute or relative size of the volume of goods has fallen, which is at the core of the deindustrialization debate. [...] Between 1961 and 2007, the standard deviation of the manufacturing sector's growth rates in Canada was about 10% higher than those of the United States, but the performance was very different in the first half and the last half of the period. [...] As evidence, it points to the fact that the share of manufacturing in value added at current prices has slowly declined as has the share of total employment accounted for by the manufacturing sector.2 The decline in manufacturing's share of the value of economic activity however, does not necessarily imply that manufacturing itself is in decline or, that it necessarily represents a deindustrializa [...] More importantly, the decline in manufacturing's share of the value of goods produced does not imply that the absolute or relative size of the volume of goods has also fallen (which is at the core of the deindustrialization argument).