Capacity utilization, factor substitution, and productivity growth in Canadian food processing sector

Agricultural and Food Economics

Table 3 Capacity utilization (CU), TFP growth, and price elasticity of CU

	Mean	Maximum	Minimum	SD
Capacity utilization	0.712	1.08	0.350	0.210
Price elasticity of CU
Labor	− 0.065	− 0.039	− 0.122	0.019
Energy	0.002	0.004	0.001	0.001
Raw materials	0.035	0.066	0.021	0.010
Services	0.027	0.051	0.016	0.008
TFP growth	− 0.010	0.013	= 0.063	0.017