We study the impact of the Panama Canal on the development of Canada’s manufacturing sector in the years from 1900 to 1939. Using newly digitized county-level data from the Census of Manu- factures and a market-access approach, we exploit the plausibly exogenous nature of this historical...

We study the impact of the Panama Canal on the development of Canada's manufacturing sector in the years from 1900 to 1939. Using newly digitized county-level data from the Census of Manufactures and a market-access approach, we exploit the plausibly exogenous nature of this historical episode...