A Provincial View of Economic Integration /

This paper develops a method of testing levels of economic integration based upon consumption smoothing, and tests it using data on trade balances across Canadian provinces. The results indicate the provinces are highly integrated within Canada, but integration between Canada and the rest of the wor...

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Chi tiết về thư mục
Tác giả chính: Klein, Michael
Tác giả khác: Bayoumi, Tamim
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 1997.
Loạt:IMF Working Papers; Working Paper ; No. 1997/041
Truy cập trực tuyến:Full text available on IMF
Miêu tả
Tóm tắt:This paper develops a method of testing levels of economic integration based upon consumption smoothing, and tests it using data on trade balances across Canadian provinces. The results indicate the provinces are highly integrated within Canada, but integration between Canada and the rest of the world is partial. Provincial trade balances respond only about half as much to events in the rest of the world as they do to events within Canada. In short, national borders appear to matter for intertemporal trade.
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Mô tả vật lý:1 online resource (29 pages)
Định dạng:Mode of access: Internet
số ISSN:1018-5941
Truy cập:Electronic access restricted to authorized BRAC University faculty, staff and students