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- Articles and reports: 11F0027M2006041Geography: CanadaDescription:
During the post-1970 period, Canadian manufacturing prices have alternately increased and fallen relative to U.S. prices' just the reverse of the cycle in the Canada' U.S. exchange rate. But not all manufacturing industries have experienced the same amplitude of relative price changes. This paper examines the industry characteristics that are related to the shifts in competitiveness, measured as the relative price ratio between Canadian prices and U.S. prices adjusted by the exchange rate. We find that relative factor input costs and relative productivity growth are the two most important factors influencing changes in relative Canada' U.S. prices. Competitive pressures emanating from trade are important determinants of the extent to which relative productivity differences are passed through to cross-country relative prices in the manufacturing sector. We also find that the magnitude of domestic market competition and export intensity affects the short-run relative price shifts over the cycle of exchange rate.
Release date: 2006-06-28 - 2. How Are Canadian Regions Adjusting to a Larger and More Integrated North American Market? ArchivedArticles and reports: 11F0027M2006039Geography: CanadaDescription:
This paper relates to two understudied, but increasingly important concerns: the measurement of regional integration, and the regional benefits to North American economic integration. The objective is to measure Canada's regional integration in manufacturing industries with that of the United States, and examine the regional impact of growing trade integration on productivity growth and select other economic performance variables.
Our research shows that Canada and each of its regions are becoming more integrated in trade in manufactures with the United States, but Ontario is much more integrated than the rest of Canada. While all regions have benefited through improved productivity performance, higher wages and higher output growth, Ontario has been the principal beneficiary. No evidence was found that increased trade integration in manufactures with the United States caused anything more than short-run adjustment losses in employment. Canada and each of its regions have expanded their share of North American manufacturing which stands in sharp contrast to the supposition that it would be the United States that would experience a growth in North American production share (Krugman, 1980).
Release date: 2006-05-31 - 3. The west coast boom ArchivedArticles and reports: 11-010-X20060059196Geography: Province or territory, Census metropolitan areaDescription:
This article looks at some of the reasons behind the recent rebound in the British Columbia economy from its doldrums in the 1990s. It also examines how the current boom in British Columbia differs from Alberta and what can be learned from Alberta's experience.
Release date: 2006-05-11
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- Articles and reports: 11F0027M2006041Geography: CanadaDescription:
During the post-1970 period, Canadian manufacturing prices have alternately increased and fallen relative to U.S. prices' just the reverse of the cycle in the Canada' U.S. exchange rate. But not all manufacturing industries have experienced the same amplitude of relative price changes. This paper examines the industry characteristics that are related to the shifts in competitiveness, measured as the relative price ratio between Canadian prices and U.S. prices adjusted by the exchange rate. We find that relative factor input costs and relative productivity growth are the two most important factors influencing changes in relative Canada' U.S. prices. Competitive pressures emanating from trade are important determinants of the extent to which relative productivity differences are passed through to cross-country relative prices in the manufacturing sector. We also find that the magnitude of domestic market competition and export intensity affects the short-run relative price shifts over the cycle of exchange rate.
Release date: 2006-06-28 - 2. How Are Canadian Regions Adjusting to a Larger and More Integrated North American Market? ArchivedArticles and reports: 11F0027M2006039Geography: CanadaDescription:
This paper relates to two understudied, but increasingly important concerns: the measurement of regional integration, and the regional benefits to North American economic integration. The objective is to measure Canada's regional integration in manufacturing industries with that of the United States, and examine the regional impact of growing trade integration on productivity growth and select other economic performance variables.
Our research shows that Canada and each of its regions are becoming more integrated in trade in manufactures with the United States, but Ontario is much more integrated than the rest of Canada. While all regions have benefited through improved productivity performance, higher wages and higher output growth, Ontario has been the principal beneficiary. No evidence was found that increased trade integration in manufactures with the United States caused anything more than short-run adjustment losses in employment. Canada and each of its regions have expanded their share of North American manufacturing which stands in sharp contrast to the supposition that it would be the United States that would experience a growth in North American production share (Krugman, 1980).
Release date: 2006-05-31 - 3. The west coast boom ArchivedArticles and reports: 11-010-X20060059196Geography: Province or territory, Census metropolitan areaDescription:
This article looks at some of the reasons behind the recent rebound in the British Columbia economy from its doldrums in the 1990s. It also examines how the current boom in British Columbia differs from Alberta and what can be learned from Alberta's experience.
Release date: 2006-05-11
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