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

Steven Globerman ()

International Finance from University Library of Munich, Germany

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: 2004-04-07
Note: Type of Document - pdf
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpif:0404007

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