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We examine the simultaneous effects of real-exchange-rate movements and of tariff reductions on plant death in Canadian manufacturing industries between 1979 and 1996. We find that both currency appreciation and tariff cuts increase the probability of plant death, but that tariff reductions have...
Persistent link: https://www.econbiz.de/10013143948
New firms are seen to play a key role in the innovation process, especially in certain key sectors of the economy. This …
Persistent link: https://www.econbiz.de/10005129476