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Canada's Budget Triumph

2011· article· en· W2034635397 on OpenAlexaboutno aff
David R. Henderson

Bibliographic record

VenueJournal of applied corporate finance · 2011
Typearticle
Languageen
FieldSocial Sciences
TopicCanadian Policy and Governance
Canadian institutionsnot available
Fundersnot available
KeywordsSubsidyLiberian dollarGovernment (linguistics)DebtEconomicsGovernment debtEconomic policyFinanceBusinessMarket economy

Abstract

fetched live from OpenAlex

In the mid‐1990s Canada's federal government, concerned about a debt‐to‐GDP ratio that was approaching 70%, began a decade‐long policy of cutting government spending. It also increased taxes, but by only one dollar for about every six dollars of spending cuts. The Canadian government cut subsidies to individuals, corporations, and provincial governments while tightening eligibility for unemployment insurance. The government also sold off its holdings of various state‐owned enterprises. One major success was its shifting of air traffic control to NAV Canada, a private, non‐profit user cooperative. This step netted the government $1.4 billion at the outset, saved about $200 million a year in subsidies, and resulted in a technological revolution in air traffic control that has put Canada years ahead of the United States. From 1997 to 2008, Canada's government had an unbroken string of annual budget surpluses; and by 2009, Canada's debt‐to‐GDP ratio had fallen below 30%. Starting in 2000, the government used some of what otherwise would have been surplus to cut taxes on individuals and corporations. The corporate tax rate was cut in stages from 28% in 2000 to 21% by 2004.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.003
metaresearch head score (Gemma)0.011
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: Not applicable
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.140
Threshold uncertainty score0.998

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0030.011
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0040.005
Science and technology studies0.0120.003
Scholarly communication0.0140.003
Open science0.0020.003
Research integrity0.0050.008
Insufficient payload (model declined to judge)0.0290.003

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.037
GPT teacher head0.224
Teacher spread0.188 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designNot applicable
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations4
Published2011
Admission routes1
Has abstractyes

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Same venueJournal of applied corporate financeSame topicCanadian Policy and GovernanceFrench-language works237,207