This paper reports tests of two models of pricing behaviour using cross-sectional data or relative Canadian/United States prices and costs, and on Canadian tariff protection and market structure. The main results are: 1) the market power model is statistically better supported than the law of...

This paper examines the impact of unemployment insurance (UI) on employment and unemployment in an industry in which the prices can vary due to some market power or general equilibrium (GE) effects. Some non-conventional results are obtained. First, it is shown that in an industry in which firms...

A model of entry by a small exporting country into a large country market with an incumbent monopolist is constructed, and export promotion policy is examined. In the presence of strategic entry deterrence by the large country incumbent firm a number of situations can emerge, including the...

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It is well known that the unemployment rate varies much more in some regions of Canada than in others. Denton has documented this for the period 1947-1964(4), and updating his data does not change the conclusions. In principle, the unemployment rate could fluctuate more in one region than...

Alfred Weber (17) developed a model to show how a firm might locate when entering production given geographically distinct markets for the firm's product and the firm's inputs. The optimal location for the firm entering was shown to result from the solution to a straightforward transportation...

This paper talks about the empirical demand theory as described in the textbooks as well as the one estimated in econometric work. Thus, the argument of this paper is that the gulf between the theory of demand as described in textbooks and the procedure followed in estimating demand curves is...