Journal of Labor Economics Vol. 8 No. 1, Part 2 1990

Variation in Employment Growth in Canada: The Role of External, National, Regional, and Industrial Factors

Joseph G. Altonji^1,2; John C. Ham³

¹ National Bureau of Economic Research · ² Institute of Economic Growth · ³ National University of Singapore

Abstract

This article investigates the effect of external, national, and sectoral shocks on Canadian employment fluctuations at the national, industrial, and provincial levels. We 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. We 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% of the variation from Canadian sources.

DOI

10.1086/298250

Volume

8

Issue

1, Part 2

Pages

S198-S236

Language

en

Sources

openalex crossref

Cite

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