This paper investigates the implications of asymmetric spillovers on noncooperative strategic investments in a duopoly with quadratic pay-offs. A unique equilibrium in the announcement of the leader/follower role exists in the case where one firm absorbs large spillovers while the other, at...

In this paper, the authors investigate the export-led growth hypothesis for Canada by constructing a vector autoregression in order to test for Granger causality between the following variables: real Canadian exports, real Canadian GDP, and real Canadian terms of trade. Two principal results...

An empirical investigation into the determinants and persistence of Canadian tariff rates was conducted. Empirical results indicate that both U.S. tariff rates and real Canadian GDP have causal influence on Canadian tariff rates. Canadian real trade balance and political affiliation, however,...