Infant industry protection has been the cornerstone of a debate on tariff policy that extends at least from the eighteenth century to the current day. In contrast to traditional neo-classical models of international trade that imply net negative effects, industrial organization and...

Despite the diverse and developed nature of twentieth century U.S. and Canadian financial markets, the history of both economies is replete with claims of inefficiency and inadequacy among financial intermediaries, particularly the banking sectors. In Canada it has been argued that banks were...

The main objective of this paper is to determine whether specialization in resource intensive production had a positive impact on the performance of the aggregate Canadian economy over the 1970-2005 period. Specialization is simply measured as the proportion of aggregate employment, the...

A number of conceptually robust and empirically practical approaches are available to assess relative economic performance among producers who operate on either side of an international border. In this paper we discuss the impact that data compilation, methodological choice, and variable...

In this paper we use data from more than 2,500 industry-years, reported by the Ohio Division of Labor Statistics, to track changes in employment and weekly wages among male and female production workers and clerical workers between 1914-1937. We find that among Ohio's manufacturing...

During the debate that led up to the implementation of a bilateral free trade agreement between Canada and the U.S. on January 1, 1989, much was made of economists' claims that both nations could expect significant welfare improvements as a result of the removal of tariffs on traded goods. The...