Showing 1 - 10 of 307
threat President Trump has made if the proposed United States-Mexico-Canada Agreement is not passed by the U.S. Congress. We … the biggest loser; Canada is the biggest loser. Canada's welfare (per capita income) loss of 2.11 percent is nearly two …
Persistent link: https://www.econbiz.de/10012026353
This paper uses a new dataset on the universe of Canadian imports and tariffs between 1924 and 1936, disaggregated into 1697 goods originating in 112 countries, to analyse the impact on Canadian imports of interwar Canadian trade policy, including the 1932 Ottawa trade agreements. Rather than...
Persistent link: https://www.econbiz.de/10014275962
The real exchange rate - real interest rate (RERI) relationship is central to most open economy macroeconomic models. However, empirical support for the relationship, especially when cointegrationbased methods are used, is rather weak. In this paper we reinvestigate the RERI relationship using...
Persistent link: https://www.econbiz.de/10011506475
Previous assessments of nominal exchange rate determination have focused upon a narrow set of models typically of the 1970 s vintage, including monetary and portfolio balance models. In this paper we re-assess the in-sample fit and out-of-sample prediction of a wider set of models that have been...
Persistent link: https://www.econbiz.de/10011507659
Japan and Canada. Second, following the work by Crucini (1998), we estimate an econometric specification which allows us to …
Persistent link: https://www.econbiz.de/10009781722
-educated workers in Canada over 1993-96. We show that after correcting for the relative supply effect of educated to less educated …
Persistent link: https://www.econbiz.de/10011402579
We examine the quantitative predictions of heterogeneous firm models à la Melitz (2003) in the context of the Canada …
Persistent link: https://www.econbiz.de/10009773860
Canada-US regional data, we structurally estimate the model and simulate the impacts of removing all trade barriers generated … by the Canada-US border. We find that Canadian average labor productivity increases by 8.03%, whereas US average labor …
Persistent link: https://www.econbiz.de/10009683263
This paper identifies a "border" effect in the absence of a border. The finding that trade between East- and West-Japan … contemporaneous structure of Japan’s business and social networks, rather than cultural differences, induced by long …
Persistent link: https://www.econbiz.de/10011853219
This paper provides a quantitative analysis of the new EU-Japan free trade agreement (FTA), the biggest bilateral deal … that both the EU and Japan have concluded so far. It employs a generalized variant of the Eaton-Kortum (2002) model … reductions in the costs of NTBs. This approach yields long-run welfare effects for Japan of about 18 bn. USD per year (0.31% of …
Persistent link: https://www.econbiz.de/10011903006