Galiani, Sebastián; Jaramillo, Luis F.; Uribe-Castro, Mateo - National Bureau of Economic Research - 2022
We study the impact of the Panama Canal on the development of Canada's manufacturing sector in the years from 1900 to 1939. Using newly digitized county-level data from the Census of Manufactures and a market-access approach, we exploit the plausibly exogenous nature of this historical episode...