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Grande conférence du CIRPÉE sur la prospérité et la productivité 11 janvier 2008 Réduire l’écart de prospérité du Québec

Grande conférence du CIRPÉE sur la prospérité et la productivité 11 janvier 2008 Réduire l’écart de prospérité du Québec par Claude Seguin. Québec’s Prosperity Gap Caused by Several Factors. Significant prosperity gap with peers. Demographic advantage becoming a disadvantage.

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Grande conférence du CIRPÉE sur la prospérité et la productivité 11 janvier 2008 Réduire l’écart de prospérité du Québec

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  1. Grande conférence du CIRPÉE sur la prospérité et la productivité 11 janvier 2008 Réduire l’écart de prospérité du Québec par Claude Seguin

  2. Québec’s Prosperity Gap Caused by Several Factors Significant prosperity gap with peers Demographic advantage becoming a disadvantage Participation improving, but employment lagging Persistent gap in hours worked Growing productivity challenge

  3. Labour Supply and Productivity Both Drive Prosperity Gap with Rest Of Canada Elements of GDP per capita C$ (2004) $400 $41,700 $200 $1,100 $700 $0 $400 $35,400 $2,500 $600 $1,000 $500 $900 Prosperity Gap $6,300 or 15.1% of Canada, ex-Québec GDP per capita $2,400 $3,900 Cluster Effective- ness Cluster content Capital investment Québec’s Canada, ex-Québec GDP per capita Urbanization Education Productivity Residual Mix of clusters Parti- cipation Emplo- yment Intensity Profile Current GDP per capita Productivity Intensity Utilization Profile (84.9% of Canada, ex-Québec) Source: Statistics Canada; Bureau of Economic Analysis; Institute for Competitiveness & Prosperity analysis

  4. Widening Prosperity Gap Between Québecand Rest of Canada Source: Institute for Competitiveness & Prosperity based on Statistics Canada; Bureau of Economic Analysis; and OECD

  5. Labour Supply and Productivity Both Drive Prosperity Gap with US Elements of GDP per capita C$ (2004) $300 $1,500 $49,100 $1,100 $700 $100 $6,100 $1,800 $35,400 $3,500 $800 $2,100 $900 Prosperity Gap $13,700 or 27.9% of US GDP per capita $8,300 $5,400 Cluster content Cluster Effective- ness Québec’s Current GDP per capita (72.1% of US) US Mix of Emplo- yment Parti- cipation Profile Capital Investment Productivity Residual Urbanization Intensity Education clusters GDP Per capita Productivity Intensity Profile Utilization Source: Statistics Canada; Bureau of Economic Analysis; Institute for Competitiveness & Prosperity analysis

  6. Québec’s GDP Per Capita Trails Other Jurisdictions

  7. Hours Worked in Québec Trails Significantly Intensity (weekly hours), United States and Canada breakdown , 1976-2005 Average weekly hours worked per worker 38 United Canada, States ex-Québec 36 34 Ontario Québec 32 30 1976 1980 1985 1990 1995 2000 2005 Year Source: Statistics Canada, ; BLS, micro data; Institute for Competitiveness & Prosperity analysis. Labour Force Survey Current Population Survey,

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