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The new data suggest more inflation during the First World War.
Persistent link: https://www.econbiz.de/10005770205
We use establishment-level data describing manufacturers located in 128 border and near-border counties in Michigan, New York, Ohio, Pennsylvania, and Ontario to calculate Canadian relative to U.S. total factor productivity ratios for 25 industries. The data have been compiled from the...
Persistent link: https://www.econbiz.de/10005770463
In this paper we argue that effective tariff protection associated with the 1879 National Policy and the 1887 Tupper tariffs triggered investment in new, technologically advanced blast furnaces that were capable of accommodating rapid output expansion. This conclusion is based on an appreciation...
Persistent link: https://www.econbiz.de/10010713827