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KLEMS database for Canada. We estimate a dynamic heterogeneous panel error-correction model of twelve 2-digit level …
Persistent link: https://www.econbiz.de/10003641346
In this paper, we examine how the effect of movements in the real exchange rate on manufacturing plants depends on the plant's placement within the productivity distribution. Appreciations of the local currency expose domestic plants to more competition from abroad as export opportunities shrink...
Persistent link: https://www.econbiz.de/10008695482
Many empirical studies have examined the cyclical nature of the markup ratio. Until recently, few have attempted to ascertain the changes in the markup over a longer time horizon. These changes are of no less interest in view of the posited effects of increasing import competition and lower...
Persistent link: https://www.econbiz.de/10003711671
Previous surveys of Canadian and U.S. business owners suggest that access to financing in Canada may be more … on Financing of Small and Medium Enterprises in Canada, this paper examines whether this perception can be better … lower availability of formal credit in Canada, or a lower need for formal credit. Furthermore, while evidence validating the …
Persistent link: https://www.econbiz.de/10003775742
The degree to which financial constraint is binding is often not directly observable in commonly used business data sets (e.g., Compustat). In this paper, we measure and estimate the likelihood of a firm being constrained by external financing using a data set of small- and medium-sized Canadian...
Persistent link: https://www.econbiz.de/10011538963
are correlated with Statistics Canada's revisions to GDP; (iv) high-frequency analyses of transactions around extreme …
Persistent link: https://www.econbiz.de/10003641311
are important. An analysis of the economic effects using the Bank of Canada's Global Economy Model shows that the gains …
Persistent link: https://www.econbiz.de/10003641330
dominance in both Mexico and South Korea, but almost no fiscal dominance in Canada and the U.S. The country-specific estimates …
Persistent link: https://www.econbiz.de/10003772978
properties which is what we explore in this paper. For Canada, we show that the magnitude of redistributions of an unexpected 1 …
Persistent link: https://www.econbiz.de/10003773003
This paper studies the role that market structure plays in affecting the diffusion of electronic banking. Electronic banking (and electronic commerce more generally) reduces the cost of performing many types of transactions for firms. The full benefits for firms from adoption, however, only...
Persistent link: https://www.econbiz.de/10003773006