REGIONAL ECONOMIC INTEGRATION: THE CANADA-U.S. EXPERIENCE

Abstract: This paper assesses the nature and degree of bilateral economic integration preceding and following the implementation of the Canada- U.S. Free Trade Agreement (CUSTA). Various price-based and quantity- based indicators of economic integration are assessed. Results vary depending upon the indicator; however, on balance, the results provide only modest evidence of incremental integration in the post-CUSTA period. The findings serve as a caution against managers and policymakers assuming that regional integration is an inevitable dynamic and basing strategies and policies around this assumption.

Keywords: economic integration; free trade agreements; trade, foreign direct investment; price convergence. (search for similar items in EconPapers)
JEL-codes: F (search for similar items in EconPapers)
Date: 2004-06-08
Note: Type of Document - pdf; pages: 40
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http://129.3.20.41/eps/it/papers/0406/0406003.pdf (application/pdf)

Related works:
Working Paper: REGIONAL ECONOMIC INTEGRATION: THE CANADA-U.S. EXPERIENCE (2004)
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