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This article tests the law of one price for wheat inputs tradeable between Canada and the United States. If Canadian and US input prices fail to equilibrate with exchange rate changes, the country which experiences a decrease in relative costs will have a competitive advantage. The results show...
Persistent link: https://www.econbiz.de/10008552287
The Uruguay round of GATT negotiations is working towards the reduction of agricultural subsidies. In addition, the United States and Canada have agreed to freer trade in grains if the respective subsidy levels become equalized in the two countries. This article quantifies the level of income...
Persistent link: https://www.econbiz.de/10008569907
The major objective of this paper is to identify and evaluate those economic factors which have influenced the development and continuing concentration of the Canadian prairie feedlot industry in southern Alberta. Irrigation, the marketing infrastructure, and local investors are identified as...
Persistent link: https://www.econbiz.de/10008569929