A Provincial View of Economic Integration

29 Pages Posted: 15 Feb 2006

See all articles by Tamim Bayoumi

Tamim Bayoumi

International Monetary Fund (IMF); Centre for Economic Policy Research (CEPR)

Multiple version iconThere are 2 versions of this paper

Date Written: April 1997

Abstract

This paper develops a method of testing levels of economic integration based upon consumption smoothing, and tests it using data on trade balances across Canadian provinces. The results indicate the provinces are highly integrated within Canada, but integration between Canada and the rest of the world is partial. Provincial trade balances respond only about half as much to events in the rest of the world as they do to events within Canada. In short, national borders appear to matter for intertemporal trade.

Keywords: Consumption smoothing, economic integration

JEL Classification: F15, F36, R13

Suggested Citation

Bayoumi, Tamim, A Provincial View of Economic Integration (April 1997). IMF Working Paper, Vol. , pp. 1-29, 1997. Available at SSRN: https://ssrn.com/abstract=882288

Tamim Bayoumi (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States
202-623-6333 (Phone)
202-623-4795 (Fax)

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
68
Abstract Views
632
rank
347,361
PlumX Metrics