EconPapers    
Economics at your fingertips  
 

Technological choices and regulation: the case of the Canadian manufacturing sectors

Pierre Ouellette () and Stéphane Vigeant

Canadian Journal of Economics/Revue canadienne d'économique, 2003, vol. 36, issue 1, 88-125

Abstract: Abstract The economic environment in which Canadian manufacturing firms operate has changed substantially over the last 40 years. Technological changes, new regulations, deregulation, and exogenous economic shocks all have been important aspects of this economic environment. In this article, we show how to include such changes in the economic environment faced by the firms in a behavioural model that includes the investment decision of the firm under uncertainty. Assumptions regarding the expectation formation process and technology are kept minimal. We estimate the effects of innovations such as the free trade agreement, the foreign investment review agency, and the federal environmental policy on the economic decisions of fifteen Canadian manufacturing sectors. JEL Classification: D24 Choix de technologies et réglementation: le cas des secteurs manufacturiers canadiens Au cours des 40 dernières années, l’environnement économique des firmes manufacturières canadiennes s’est grandement transformé. Que ce soit à cause du changement technologique, de la réglementation, de vagues de déréglementation ou de chocs économiques exogènes, les firmes ont dû s’adapter en modifiant leur technologie. Dans cet article, nous montrons comment prendre en compte les changements de l’environnement économique des firmes dans le cadre d’un modèle décisionnel de la firme en incertitude avec investissement. Les hypothèses concernant la technologie et les anticipations sont aussi générales que possible. Nous estimons l’effet qu’ont eu l’accord de libre échange, l’agence de tamisage des investissements étrangers et la politique environnementale fédérale sur les choix de technologies des firmes de quinze secteurs manufacturiers canadiens.

Date: 2003
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://doi.org/10.1111/1540-5982.00005

Related works:
Journal Article: Technological choices and regulation: the case of the Canadian manufacturing sectors (2003) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:canjec:v:36:y:2003:i:1:p:88-125

Access Statistics for this article

More articles in Canadian Journal of Economics/Revue canadienne d'économique from John Wiley & Sons
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2021-06-01
Handle: RePEc:wly:canjec:v:36:y:2003:i:1:p:88-125