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Nous examinons les effets simultanes des reductions tarifaires et des fluctuations des taux de change reels sur la disparition des usines dans les industries manufacturieres canadiennes entre 1979 et 1996. Nous constatons que l'appreciation de la devise ainsi que les reductions tarifaires...
Persistent link: https://www.econbiz.de/10008469949
We examine the simultaneous effects of real-exchange-rate movements and of tariff reductions on plant death in Canadian manufacturing industries between 1979 and 1996. We find that both currency appreciation and tariff cuts increase the probability of plant death, but that tariff reductions have...
Persistent link: https://www.econbiz.de/10008469950