This paper models the geographical composition of Canadian foreign trade. Imports and exports are disaggregated into nine regions that together cover most of the OECD area. The author uses both the flexible and the semiflexible versions of the symmetric normalized quadratic functional form. The...

The 2008 version of the SNA has recommended capitalization of R&D expenditures. To implement this recommendation, we need to determine the depreciation rate of R&D capital. In this paper, we develop a simple model, based on a production function method that allows for monopolistic competition,...