Baldwin, John R.; Yan, Beiling - Statistics Canada, Government of Canada - 2006
The paper examines the pricing behaviour of 81 Canadian manufacturing industries from 1974 to 1996. It explores the … foreign (U.S.) influences (the law of one price), as opposed to domestic factors (i.e., labour, energy costs and productivity … growth). It finds that: (1) Canadian manufacturing prices are, on average, set using a mixture of a cost mark-up pricing rule …