--- canonical_url: "https://csls.ca/ipm-archive/issue-6/lessons-for-canada-from-the-u-s-growth-resurgence/" title: "Lessons for Canada from the U.S. Growth Resurgence" author: name: "CSLS" url: "https://csls.ca/author/cslc/" date_published: "2026-07-13T05:42:49+00:00" date_modified: "2026-07-13T06:41:25+00:00" post_type: "ipm" summary: "" ipm_issue_period: - "Spring 2003" ipm_keyword: - "Canada" - "growth accounting" - "information technology" - "labour productivity" - "OECD" - "productivity revival" - "projections" - "TFP" - "United States" ipm_research_theme: - "Productivity trends and comparisons" ipm_country_focus: - "Canada" - "OECD" - "United States" featured_image: "https://csls.ca/wp-content/uploads/2026/06/IPM_50_banner.webp" status: "publish" --- # Lessons for Canada from the U.S. Growth Resurgence Canonical URL: https://csls.ca/ipm-archive/issue-6/lessons-for-canada-from-the-u-s-growth-resurgence/ # Lessons for Canada from the U.S. Growth Resurgence [Download full PDF article](https://csls.ca/wp-content/uploads/2026/07/IPM-Issue-6-1-Jorgenson-Ho-Stiroh.pdf) Cite this article × Cite this article as: Jorgenson, Dale, Mun Ho, and Kevin Stiroh. 2003. “Lessons for Canada from the U.S. Growth Resurgence.” International Productivity Monitor, No. 6 (Spring 2003): 3–18. https://www.csls.ca/ipm-archive/issue-6/lessons-for-canada-from-the-u-s-growth-resurgence/ ## Authors: - Dale Jorgenson Department of Economics, Harvard University - Mun Ho Resources for the Future - Kevin Stiroh Federal Reserve Bank of New York ## IPM Issue 6 Spring 2003 pp. 3–18 ## Related IPM articles [Is the SNA Still Useful? 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Paul Fisher Spring 2025 | IPM Issue 48 | pp. 115–138](https://csls.ca/ipm-archive/ipm-issue-48/de-industrialization-and-the-great-productivity-slowdown-what-comes-next/) [The UK Productivity Slowdown: A Review of Timing, Magnitude, and Drivers Josh Martin Spring 2025 | IPM Issue 48 | pp. 1–34](https://csls.ca/ipm-archive/ipm-issue-48/the-uk-productivity-slowdown-a-review-of-timing-magnitude-and-drivers/) ## Abstract ## Résumé EN FR Copy link Email LinkedIn This article reviews the evidence on the U.S. growth resurgence of 1995–2000 and draws lessons for Canada. Using a growth accounting framework, it confirms that IT investment — particularly in computer hardware, software, and telecommunications equipment — was the predominant source of the U.S. labour productivity revival. The authors project U.S. trend output growth at 2.78 per cent and labour productivity growth at 1.78 per cent for the following decade, below the 1995–2000 pace due to slower projected hours growth. For Canada, they find similar but attenuated trends and argue that the U.S. experience does not imply Canadian firms have underinvested in IT. Cet article passe en revue les données probantes sur la reprise de croissance américaine de 1995 à 2000 et en tire des enseignements pour le Canada. À l’aide d’un cadre de comptabilité de la croissance, il confirme que l’investissement en TI — notamment dans le matériel informatique, les logiciels et l’équipement de télécommunications — a été la principale source de la reprise de la productivité du travail américaine. Les auteurs projettent une croissance de la production potentielle américaine de 2,78 % et une croissance de la productivité du travail de 1,78 % pour la décennie suivante, en deçà du rythme de 1995-2000 en raison d’une croissance des heures projetée plus lente. Pour le Canada, ils observent des tendances similaires mais plus atténuées et soutiennent que l’expérience américaine n’implique pas que les entreprises canadiennes ont sous-investi en TI. [Download full PDF](https://csls.ca/wp-content/uploads/2026/07/IPM-Issue-6-1-Jorgenson-Ho-Stiroh.pdf)