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Environmental assessments of trade agreements remain in its infancy, and demonstrate that trade in itself will not green our economies. This special issue has undertaken in-depth analysis of the following key trade and environmental issues/questions under the North American Free Trade Agreement...
Persistent link: https://www.econbiz.de/10014221360
Using a de facto classification of exchange-rate regimes, this paper investigates how the volatility of PPP-GDP per person and per hour of work is associated with such regimes in Mexico and in Canada. It finds that, for Mexico unlike Canada, the macroeconomic volatility left is much greater...
Persistent link: https://www.econbiz.de/10010765301
Rising energy demand and prices, particularly for oil, has led to a search for solutions to quell this increase. With the advent of the Oil Sands, we have stumbled upon an opportunity to increase Oil supplies and thus stabilize prices and satisfy demand. A large portion of the oil sands are...
Persistent link: https://www.econbiz.de/10009402060
For many years now, a growing number of economists, policy makers, and civil society groups have pointed to the limits of using only GDP as the primary measure of national economic progress. Accordingly, a progressively greater focus has been placed on the concept of well-being and its optimal...
Persistent link: https://www.econbiz.de/10012630297
In this article we present an econometric analysis of the relationship between several indicators of economic development and wellbeing in Europe, the United States and Canada. We calculate a compound index of several indicators based on three groups: 1) Life satisfaction and income per capita,...
Persistent link: https://www.econbiz.de/10005012230
This paper examines Ontario's and Quebec's adjustments to the resource boom. Higher commodity prices, an appreciating dollar, and increased foreign competition between 2002 and 2007 led to a restructuring of the Central Canadian economies. The restructuring manifested itself in all areas of the...
Persistent link: https://www.econbiz.de/10013159668
In this study we assess the impact of the Working Income Tax Benefit (WITB) on labour supply, GDP and income distribution in Canada, using a general equilibrium microsimulation model. We also estimate labour supply and demand elasticities using survey data to ensure that households' behaviour is...
Persistent link: https://www.econbiz.de/10011606533
Language serves two key functions. It enables communication between agents, which allows for the establishment and operation of formal and informal institutions. It also serves a less obvious function, a reassuring quality more closely related to issues linked with trust, social capital, and...
Persistent link: https://www.econbiz.de/10010278281
This paper examines the emergence of private debt-led growth in Canada since the Global Financial Crisis (GFC) by means of a growth regimes and macroeconomic policy regime assessment. Examining each of the four business cycles in the 1983-2020 period, roughly encompassing the entirety of the...
Persistent link: https://www.econbiz.de/10013537581
This paper examines the emergence of private debt-led growth in Canada since the Global Financial Crisis (GFC) by means of a growth regime and macroeconomic policy regime assessment. Examining each of the four business cycles in the 1983-2020 period, roughly encompassing the entirety of the...
Persistent link: https://www.econbiz.de/10014518643