| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1039 |
| DP1039 What does the Political Economy Literature on Trade Policy (Not) Tell Us That We Ought to Know? | |
| Dani Rodrik | |
| 发表日期 | 1994-10-31 |
| 出版年 | 1994 |
| 语种 | 英语 |
| 摘要 | This paper tests for the optimality of consumption across Canadian provinces. The results indicate that consumption is highly integrated within the central and eastern core of the country, based around Ontario and Quebec. This is not true for provinces in the western half of the country, however, or for the most easterly province, Newfoundland. All of the provinces which fail the test for optimality are subject to large regional income disturbances. It is concluded that large enough disturbances can limit financial intermediation even when capital markets are highly integrated, as they are in Canada. |
| 主题 | International Macroeconomics |
| 关键词 | Capital market integration Consumption |
| URL | https://cepr.org/publications/dp1039 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530180 |
| 推荐引用方式 GB/T 7714 | Dani Rodrik. DP1039 What does the Political Economy Literature on Trade Policy (Not) Tell Us That We Ought to Know?. 1994. |
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