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Rent and stumpage in the British Columbia softwood lumber industry have played a pivotal role in the Canada-United States softwood lumber dispute. The goal of the US in the dispute has been to limit lumber exports from Canada and increase domestic American prices. Rent theory shows that BC's...
Persistent link: https://www.econbiz.de/10005424676
Canada faces grave challenges in its ocean fisheries. The problems include the collapse of Atlantic groundfish stocks in the early 1990s, international disputes over shared and straddling fisheries, conflicts among competing fishers, and low incomes and overcapitalization in many important...
Persistent link: https://www.econbiz.de/10005431738
This paper compares the evolution of regional disparaties in per capita incomes in Canada and the 12 American states along Canada's southern border. The phenomenon of capital accumulation as described by the neoclassical growth model can explain much of the observed decline in regional...
Persistent link: https://www.econbiz.de/10005773743