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Trade, industrial policy and Canadian manufacturing

Author: Richard G Harris; David Cox; Ontario Economic Council.
Publisher: Toronto : Ontario Economic Council, 1983.
Series: Ontario Economic Council research studies, v. 31.
Edition/Format:   Print book : State or province government publication : EnglishView all editions and formats
Summary:
From the back cover: This study is an innovative and original approach to the often debated questions of whether trade liberalization and various types of industrial policies would result in positive or negative net income gains for Canada. Harris and Cox present a general equilibrium trade model consisting of thirty industrial sectors. The industrial structure of the Canadian economy is explcitly modelled through  Read more...
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Material Type: Government publication, State or province government publication
Document Type: Book
All Authors / Contributors: Richard G Harris; David Cox; Ontario Economic Council.
ISBN: 0774388110 9780774388115
OCLC Number: 15956756
Description: 230, [104] p. ; 23 cm.
Series Title: Ontario Economic Council research studies, v. 31.
Responsibility: Richard G. Harris, with David Cox.

Abstract:

From the back cover: This study is an innovative and original approach to the often debated questions of whether trade liberalization and various types of industrial policies would result in positive or negative net income gains for Canada. Harris and Cox present a general equilibrium trade model consisting of thirty industrial sectors. The industrial structure of the Canadian economy is explcitly modelled through the direct incorporation of production cost estimates and scale elasticities. Thus the model indicates the effects of trade liberalization and industrial policies on the output of each sector, and also on the number of firms within each industry. Harris and Cox use their model to examine the impact of several trade liberalization alternatives, including sectoral free trade, as well as specific industrial policies such as export subsidies, import replacement programs, capital subsidies, wage subsidies, and industrial rationalization schemes.

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