In this paper, we investigate whether it is preferable for Canadian regions to individually adopt the U.S. dollar or to remain with the current currency arrangement. The empirical analysis focuses on the cross-correlations of various business cycle measures of Canadian regions, of Canada, and of...

This paper investigates the conditional convergence of both human capital indicators and nominal per capita income across Canadian provinces in a panel-data empirical framework. Long-run relative provincial steady states are determined by relative rates of urbanization, onetime shocks to...

We investigate the impact of Canada-U.S. trade integration on the degree of industrial specialization of the Canadian regions. Trade integration is captured through the decrease of trade-weighted tariffs that were boosted by the implementation of the Canadian-U.S. Free Trade Agreement. We found...

This paper uses the conditional model for explaining the relative evolution of per capital income across the ten provinces of the Canadian federation between 1950 and 1996. Provincial relative per-capita income steady states are determined by the relative rates of urbanization.