In the Footsteps of Mackintosh and Innis: Tracking Canada's Economic Centre of Gravity since the Great Depression
Sébastien Breau,
Brian Toy,
Mark Brown,
Ryan Macdonald and
Oliver T. Coomes
Canadian Public Policy, 2018, vol. 44, issue 4, 356-367
Abstract:
In this article, we track the historical movement in Canada's economic centre of gravity (ECG) since the early 20th century. A simple weighted mean centre approach is applied to a novel data set containing long-run estimates of household income at the provincial level. The analysis reveals that from 1926 to 2013, Canada's ECG shifted westward by a net distance of 204 kilometres. Concomitant with this broad geographical shift, we identify six distinct historical moments during which major spatial realignments occurred, including a significant west-to-east move during the Great Depression years and two important east-to-west shifts during the energy-driven resource booms of the 1970s and post-2000 period. Time series modeling confirms that the ups and downs of resource commodity prices are indeed strongly associated with historical movements of the ECG in Canada.
Keywords: Canada's economic centre of gravity; westward shift; long-run provincial time series (search for similar items in EconPapers)
Date: 2018
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