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Jean-philippe Gervais - One of the best experts on this subject based on the ideXlab platform.
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regional integration and dynamic adjustments evidence from gross National Product functions for canada and the united states
The North American Journal of Economics and Finance, 2012Co-Authors: Guy Chapda Nana, Bruno Larue, Jean-philippe GervaisAbstract:We estimate a translog Gross National Product function and test for endogenously determined structural change allowing for anticipated and lagged responses to regional trade agreements. We found that Canada embarked on a long transition path prior to the implementation of the Canada-U.S. Trade Agreement, a result reminiscent of Magee's (2008) results concerning RTAs’ trade creation effects. In contrast, the United States experienced an abrupt structural change a year after the North American Free Trade Agreement took effect. This reflects that smaller economies benefitting from larger changes in terms of trade are confronted to more complex adjustment processes than larger economies.
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evidence from a gross National Product function for canada and the
2010Co-Authors: Bruno Larue, Jean-philippe GervaisAbstract:We propose an empirical trade model to test for structural change and dynamic effects induced by free trade agreements for the Canadian and US economies. We estimated a translog Gross National Product (GNP) function along with output and factor shares and tested for structural change (abrupt or gradual) which is endogenously determined by the data. After this, we estimated Stolper-Samuelson (SS) and Rybcynski (R) elasticities, and assessed the stability of their sign and magnitude link to the structural change. The null hypothesis of no structural change is soundly rejected for both countries. For Canada, we found gradual structural change that started prior to the implementation of CUSTA and lasted for several years. In the US case, we found evidence of an abrupt structural change occurring in 1995, a year after NAFTA came into force. More interestingly, several SS and R elasticities experienced sign reversals and a magnification effect over the different sub-periods, implying that the categorization of goods in terms of friends or enemies of labour and capital changed during the transition.
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regional integration and dynamic adjustments evidence from gross National Product functions for canada and the
2010Co-Authors: Bruno Larue, Jean-philippe GervaisAbstract:We estimate a translog Gross National Product (GNP) function along with output and factor shares and test for endogenously determined structural change allowing for anticipated and lagged responses to regional trade agreements (RTAs). We found that Canada embarked on a long transition path prior to the implementation of the Canada-US Trade Agreement, a result reminiscent of Magee's (2008) results about RTAs' trade creation effects. In contrast, the United States experienced an abrupt structural change a year after the North American Free Trade Agreement took effect. This reflects that smaller economies benefitting from greater changes in terms of trade have much more adjusting to do than larger ones. We also found that Stolper-Samuelson and Rybcynski elasticities experienced sign reversals and a magnification effect, implying that the categorization of goods in terms of friends or enemies of labour and capital changed during the transition. The fact that exports have become a friend of labour should soften the opposition of labour unions toward RTAs.
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regional integration and dynamic adjustments evidence from a gross National Product function for canada and the united states
MPRA Paper, 2010Co-Authors: Guy Chapda Nana, Jean-philippe Gervais, Bruno LarueAbstract:We propose an empirical trade model to test for structural change and dynamic effects induced by free trade agreements for the Canadian and US economies. We estimated a translog Gross National Product (GNP) function along with output and factor shares and tested for structural change (abrupt or gradual) which is endogenously determined by the data. After this, we estimated Stolper-Samuelson (SS) and Rybcynski (R) elasticities, and assessed the stability of their sign and magnitude link to the structural change. The null hypothesis of no structural change is soundly rejected for both countries. For Canada, we found gradual structural change that started prior to the implementation of CUSTA and lasted for several years. In the US case, we found evidence of an abrupt structural change occurring in 1995, a year after NAFTA came into force. More interestingly, several SS and R elasticities experienced sign reversals and a magnification effect over the different sub-periods, implying that the categorization of goods in terms of friends or enemies of labour and capital changed during the transition.
Alison Abbott - One of the best experts on this subject based on the ideXlab platform.
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Spending spree propels Finland towards top of research league
Nature, 1998Co-Authors: Alison AbbottAbstract:helsinki Finland is on target to meet its goal of a research funding level of 2.9 per cent of gross National Product by next year.
Bruno Larue - One of the best experts on this subject based on the ideXlab platform.
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regional integration and dynamic adjustments evidence from gross National Product functions for canada and the united states
The North American Journal of Economics and Finance, 2012Co-Authors: Guy Chapda Nana, Bruno Larue, Jean-philippe GervaisAbstract:We estimate a translog Gross National Product function and test for endogenously determined structural change allowing for anticipated and lagged responses to regional trade agreements. We found that Canada embarked on a long transition path prior to the implementation of the Canada-U.S. Trade Agreement, a result reminiscent of Magee's (2008) results concerning RTAs’ trade creation effects. In contrast, the United States experienced an abrupt structural change a year after the North American Free Trade Agreement took effect. This reflects that smaller economies benefitting from larger changes in terms of trade are confronted to more complex adjustment processes than larger economies.
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evidence from a gross National Product function for canada and the
2010Co-Authors: Bruno Larue, Jean-philippe GervaisAbstract:We propose an empirical trade model to test for structural change and dynamic effects induced by free trade agreements for the Canadian and US economies. We estimated a translog Gross National Product (GNP) function along with output and factor shares and tested for structural change (abrupt or gradual) which is endogenously determined by the data. After this, we estimated Stolper-Samuelson (SS) and Rybcynski (R) elasticities, and assessed the stability of their sign and magnitude link to the structural change. The null hypothesis of no structural change is soundly rejected for both countries. For Canada, we found gradual structural change that started prior to the implementation of CUSTA and lasted for several years. In the US case, we found evidence of an abrupt structural change occurring in 1995, a year after NAFTA came into force. More interestingly, several SS and R elasticities experienced sign reversals and a magnification effect over the different sub-periods, implying that the categorization of goods in terms of friends or enemies of labour and capital changed during the transition.
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regional integration and dynamic adjustments evidence from gross National Product functions for canada and the
2010Co-Authors: Bruno Larue, Jean-philippe GervaisAbstract:We estimate a translog Gross National Product (GNP) function along with output and factor shares and test for endogenously determined structural change allowing for anticipated and lagged responses to regional trade agreements (RTAs). We found that Canada embarked on a long transition path prior to the implementation of the Canada-US Trade Agreement, a result reminiscent of Magee's (2008) results about RTAs' trade creation effects. In contrast, the United States experienced an abrupt structural change a year after the North American Free Trade Agreement took effect. This reflects that smaller economies benefitting from greater changes in terms of trade have much more adjusting to do than larger ones. We also found that Stolper-Samuelson and Rybcynski elasticities experienced sign reversals and a magnification effect, implying that the categorization of goods in terms of friends or enemies of labour and capital changed during the transition. The fact that exports have become a friend of labour should soften the opposition of labour unions toward RTAs.
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regional integration and dynamic adjustments evidence from a gross National Product function for canada and the united states
MPRA Paper, 2010Co-Authors: Guy Chapda Nana, Jean-philippe Gervais, Bruno LarueAbstract:We propose an empirical trade model to test for structural change and dynamic effects induced by free trade agreements for the Canadian and US economies. We estimated a translog Gross National Product (GNP) function along with output and factor shares and tested for structural change (abrupt or gradual) which is endogenously determined by the data. After this, we estimated Stolper-Samuelson (SS) and Rybcynski (R) elasticities, and assessed the stability of their sign and magnitude link to the structural change. The null hypothesis of no structural change is soundly rejected for both countries. For Canada, we found gradual structural change that started prior to the implementation of CUSTA and lasted for several years. In the US case, we found evidence of an abrupt structural change occurring in 1995, a year after NAFTA came into force. More interestingly, several SS and R elasticities experienced sign reversals and a magnification effect over the different sub-periods, implying that the categorization of goods in terms of friends or enemies of labour and capital changed during the transition.
Guy Chapda Nana - One of the best experts on this subject based on the ideXlab platform.
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regional integration and dynamic adjustments evidence from gross National Product functions for canada and the united states
The North American Journal of Economics and Finance, 2012Co-Authors: Guy Chapda Nana, Bruno Larue, Jean-philippe GervaisAbstract:We estimate a translog Gross National Product function and test for endogenously determined structural change allowing for anticipated and lagged responses to regional trade agreements. We found that Canada embarked on a long transition path prior to the implementation of the Canada-U.S. Trade Agreement, a result reminiscent of Magee's (2008) results concerning RTAs’ trade creation effects. In contrast, the United States experienced an abrupt structural change a year after the North American Free Trade Agreement took effect. This reflects that smaller economies benefitting from larger changes in terms of trade are confronted to more complex adjustment processes than larger economies.
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regional integration and dynamic adjustments evidence from a gross National Product function for canada and the united states
MPRA Paper, 2010Co-Authors: Guy Chapda Nana, Jean-philippe Gervais, Bruno LarueAbstract:We propose an empirical trade model to test for structural change and dynamic effects induced by free trade agreements for the Canadian and US economies. We estimated a translog Gross National Product (GNP) function along with output and factor shares and tested for structural change (abrupt or gradual) which is endogenously determined by the data. After this, we estimated Stolper-Samuelson (SS) and Rybcynski (R) elasticities, and assessed the stability of their sign and magnitude link to the structural change. The null hypothesis of no structural change is soundly rejected for both countries. For Canada, we found gradual structural change that started prior to the implementation of CUSTA and lasted for several years. In the US case, we found evidence of an abrupt structural change occurring in 1995, a year after NAFTA came into force. More interestingly, several SS and R elasticities experienced sign reversals and a magnification effect over the different sub-periods, implying that the categorization of goods in terms of friends or enemies of labour and capital changed during the transition.
John Ries - One of the best experts on this subject based on the ideXlab platform.
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increasing returns versus National Product differentiation as an explanation for the pattern of u s canada trade
The American Economic Review, 2001Co-Authors: Keith Head, John RiesAbstract:We evaluate two alternative models of interNational trade in differentiated Products. An increasing returns model where varieties are linked to firms predicts home market effects: increases in a country's share of demand cause disproportionate increases in its share of output. In contrast, a constant returns model with National Product differentiation predicts a less than proportionate increase. We examine a panel of U.S. and Canadian manufacturing industries to test the models. Although we find support for either model, depending on whether we estimate based on within or between variation, the preponderance of the evidence supports National Product differentiation.
