Discussion Paper


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Commerce International, Le Commerce Interprovincial Et la Croissance Des Provinces Canadiennes


Book Description

This paper provides an empirical analysis of the comparative evolution of interprovincial & international trade and their effects on regional growth for the Canadian provinces since 1981. It first establishes the trend in the relationship between the ratios of interprovincial & international trade to gross domestic product, revealing a sharp break that occurred around 1991. The analysis casts doubt on the pure diversion model often used in trade modelling. The second part uses a conditional convergence-growth model to estimate the respective long-run effects of interprovincial & international trade on Canadian regional economies, specifically in relation to productivity, relative gross domestic product per capita, and job creation. The final chapter discusses implications of the results for regional economies & economic policy issues.




Déterminants Économiques de L'innovation


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This paper explores what economists know about the economics of innovation. It identifies key empirical research on different aspects of what causes the pace of innovation to be faster or slower. A selective survey of empirical work on the determinants of innovation, guided by relevant economic theory, discusses the economics of information & its relation to innovation; the effects on the pace of innovation of the strength of intellectual property rights, firm size & market structure, geographic distribution of firms, corporate decision-making, national culture, financial systems, human capital accumulation, and checks on inequality; and whether government policy determines innovation.




Document de Travail


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Infrastructure Politique Nationale Et Investissement Étranger Direct


Book Description

It is widely argued that a country's economic performance over time is determined to a great extent by its political, institutional, and legal environment. We refer to these public institutions and policies as the national political infrastructure (NPI) of a country. This report focusses on the linkage between measures of NPI and foreign direct investment (FDI) flows. Specifically, it tests the hypothesis that FDI will be attracted to regions characterized by more favourable NPIs. It also argues that countries with more favourable NPIs will create more domestic multinational enterprises, and they will therefore see more capital outflows, so that the net effect on capital flows may be uncertain. The study employs 2 sets of FDI data, both covering the period 1995-1997. The 1st set measures total FDI inflows and outflows to and from a sample of 144 developed and developing countries. The 2nd set uses United States Bureau of Economic Analysis data to measure the inflows of U.S. FDI to these same countries.







Politique Sociale Et Croissance de la Productivité


Book Description

This paper presents a survey of the evidence and debate on the social determinants of productivity in the context of the Canadian productivity debate. The purpose of the paper is to try to make sense of the seemingly contradictory pieces of theory and evidence linking social policy to economic growth. Essentially the paper looks at 4 areas of research: the growth and inequality debate; the small but growing literature on the policy determinants of economic growth; an examination of 2 specific social policies (education and health); the literature on major technological change, wage inequality and the new economy. To provide the context for this discussion, the paper also includes some background material on economic growth, productivity, and social policy in OECD countries.







Répercussions Sectorielles de L'application Du Protocole de Kyoto


Book Description

This paper looks at Canada's compliance with its Kyoto Protocol obligations, focussing on 2 questions: What sectors are likely to be the hardest hit (and, conversely, which might benefit) from various modalities of compliance? How do the costs of compliance change when the domestic implementation plan exempts some sectors? The analysis is conducted using a simulation model of the world economy. Specifically, a static Computable General Equilibrium (CGE) model based on the Global Trade Analysis Project data is used. The analysis identifies 31 sectors and 11 regions. The study first looks at 2 core cost-effective policy approaches (national and global carbon permit trading) by way of placing the model's results in the context of other existing CGE carbon models.