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Vertical integration occurs when a transaction between two consecutive stages of production is carried through an internal organisation rather than the market. For most mineral products that are found in Canada, we can observe a fairly high degree of vertical integration from exploration up to...
Persistent link: https://www.econbiz.de/10008556401
Hydro-Quebec's electricity rates within its mandated territory increased at the annual rate of 3.8% from 1980 to 1990 despite the fact that there was no growth in the first three years. The government-owned enterprise is rather pessimistic with respect to the expected electricity demand growth...
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This paper surveys the changes since 1972 in the federal tax laws applicable to the Canadian mining industry. Using a partial equilibrium model, we analyse the effect of these changes on the relative prices of the factors of production used by the mining firm. Changes in the provincial tax...
Persistent link: https://www.econbiz.de/10008556555
Canadian electricity producers are constrained by to set export prices which are not less than the price at which they sell to adjacent Canadian regions. This constraint is investigated in terms of economic efficiency, distribution of benefits among interconnected provincial networks and...
Persistent link: https://www.econbiz.de/10008510487
Total energy consumption by the Quebec manufacturing sector increased by 18,8 % from 1990 to 1998. The decomposition of this increase by factors allows us to identify the roles played by the added value of total manufacturing sector (14,9 %), the change of its structure (6,2 %) and the change of...
Persistent link: https://www.econbiz.de/10008510562
Economic rent is defined as the portion of revenue earned by a factor of production in excess of its opportunity cost. In the nature of a surplus, the economic rent of natural resources presents interesting characteristics with respect to taxation. However, taxation mechanisms applied to...
Persistent link: https://www.econbiz.de/10008510837
The availability of hydroelectric resources and the institutional framework created for their development have led to electricity prices that are lower in Québec than in the neighbouring regions. The structure of the electric power industry is undergoing significant changes in several countries...
Persistent link: https://www.econbiz.de/10008510941