Variation in Employment Growth in Canada: The Role of External, National, Regional, and Industrial Factors
研究外部、国家和部门冲击对加拿大全国、产业和省级就业波动的影响,发现美国和加拿大冲击分别解释总变动的三分之二和四分之一,部门冲击仅占十分之一。
This article investigates the effect of external, national, and sectoral shocks on Canadian employment fluctuations at the national, industrial, and provincial levels. The authors assume that employment growth in each industry-province pair depends on U.S. growth; lagged Canadian growth at the national, industrial, and provincial levels; an aggregate shock; and shocks specific to each industry, province, and industry-province pair. They estimate that the U.S. and Canadian shocks account for two-thirds and a quarter, respectively, of aggregate variation. Sectoral shocks account for only one-tenth of aggregate variation, but represent 30 percent of the variation from Canadian sources. Copyright 1990 by University of Chicago Press.