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In this chapter, Daniel Schwanen addresses the impact of the major trade liberalization efforts undertaken by Canada … and its trading partners beginning with the Canada-U.S. Free Trade Agreement (FTA) in 1989. The author focuses in … Canada in the 1990s. The author divides Canadian manufacturing industries into five groups according to their sensitivity to …
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Australia and the United States signed a bilateral trade agreement in 2004. This paper analyses the provisions of the agreement, compares the provisions with other bilateral and multilateral agreements and comments on the modelling that the Australian Government used to estimate the likely...
Persistent link: https://www.econbiz.de/10009363370
balance and employment rate in Canada. However, the effect of NAFTA on the USA is unclear, i.e. it does not show a negative or … rate in the USA due to NAFTA. Therefore, more study is needed to determine whether the USA has lost jobs or lowered the … wage rate in the USA. …
Persistent link: https://www.econbiz.de/10009352465
This paper examines the J-curve hypothesis for Australia, Canada, New Zealand and the UK. Applying the vector error … depreciation in several different patterns in the short run. There is lack of support for a J-curve for Australia, Canada, and the … UK. In the long run, real depreciation improves the trade balance for Australia, Canada, and New Zealand and does not …
Persistent link: https://www.econbiz.de/10008592764
The recent financial crisis has plagued banking institutions around the world. Using a non-parametric (data envelopment analysis) approach, we measure operating and profit efficiency of 21 commercial banks from four countries during 2004-2010. The results suggest that for the most part there is...
Persistent link: https://www.econbiz.de/10010722759
openness, using panel-VAR methods in relation to ten significant OECD countries: Austria, Canada, Finland, Iceland, Ireland …, Japan, Norway, Spain, Switzerland and the USA, between 1970 and 2010. We find that foreign direct investment, trade openness …
Persistent link: https://www.econbiz.de/10010668774
The compensation hypothesis predicts a positive causation from international economic openness to the size of the public sector, as governments step in to perform a risk mitigating role to counterbalance the increasing exposure to external risk and the economic dislocations caused by growing...
Persistent link: https://www.econbiz.de/10010670287