In This Note, We Explain Why Comparing the Total Factor Productivities of Extractive, and Non Extractive, Sectors Is Likely to Be Misleading; Then We Propose a Correction and Implement It for the Cas of Asbestos, Where It Turns Out to Make a Significant Difference.

Ce Memoire de Recherche Contient une Evaluation Empirique des Effets de Production Decoulant de L'adoption D'une Politique de Libre Echange Multilateral Par le Canada. Ces Effets de Production Sont Obtenus En Utilisant des Elasticites D'equilibre General Deja Connues et la Structure Industrielle...

In This Paper We Present a Test for Discriminating Between Two Non-Nested Sets of Euler Conditions Which Have Been Estimated Using Gmm. the Test Is Based on the Encompassing Principle of Mizon and Richard (1986), and Uses Tauchen's (1986) Quadrature-Based Methods for Approximating the...