Trade integration

• September 28, 2018

  The benefits of freer trade

  

  Stephen Murchison, Alex Chernoff

  Freer trade lowers prices and boosts economies, yet not everyone benefits equally. Fair policies are essential for balanced growth and widespread prosperity.

  Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Balance of payments and components, Development economics, International topics, Recent economic and financial developments, Trade integration

• Market Size and Entry in International Trade: Product Versus Firm Fixed Costs

  Staff Working Paper 2018-43 Walter Steingress

  This paper develops a theoretical framework to infer the nature of fixed costs from the relationship between entry patterns in international markets and destination market size. If fixed costs are at the firm level, firms take advantage of an intrafirm spillover by expanding firm-level product range (scope).

  Content Type(s): Staff research, Staff working papers Topic(s): Firm dynamics, International topics, Trade integration JEL Code(s): F, F1, F12, F14, F2, F23
• September 6, 2018

  An Update on Canada’s Economic Resilience

  Remarks Carolyn A. Wilkins Saskatchewan Trade & Export Partnership Regina, Saskatchewan

  Senior Deputy Governor Wilkins discusses economic developments since the July Monetary Policy Report and Governing Council’s deliberations leading to yesterday’s policy rate decision.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Economic models, Inflation targets, Interest rates, Monetary policy, Monetary policy and uncertainty, Recent economic and financial developments, Trade integration

• Estimating the Impacts of Tariff Changes: Two Illustrative Scenarios

  Staff Analytical Note 2018-29 Karyne B. Charbonneau, Anthony Landry

  We build upon new developments in the international trade literature to construct a quantitative Ricardian framework similar to Caliendo and Parro (2015) to isolate and estimate the long-run economic impacts of tariff changes.

  Content Type(s): Staff research, Staff analytical notes Topic(s): Recent economic and financial developments, Trade integration JEL Code(s): F, F1, F11, F13, F14, F15, F5, F50, F6, F62, F68