Using the 1966 and 1973 (74) Quebec input-output tables we try to identify the sources of variations in the effective protection rates of 169 manufacturing activities between these two periods, namely, changes in nominal tariffs, input-output structures and international export shares. Our...

The purpose of this paper is to study the characteristics of the production process in the Quebec economy. We devote particular attention to two features of the technology: the returns to scale and the substitution possibilities.

Real exchange rate appreciation usually accompanies stabilization programs based on the exchange rate. One thing that causes the real exchange rate to appreciate is the capital inflows that follow liberalization of the capital account and the financial market. Capital inflows cause the exchange...