Advanced Search
MyIDEAS: Login

Prospects of a Canada-US Customs Union: a Computable General Equilibrium Assessment

Contents:

Author Info

  • Evangelia Papadaki

    ()
    (International Trade Canada)

  • Marcel, Merette

    (Univerasity of Ottawa)

  • Hernandez, Jorge

    (International Trade Canada)

  • Yu Lan

    (International Trade Canada)

Registered author(s):

    Abstract

    A number of respected analysts and economic commentators in Canada have recently been calling for deeper economic integration with the USA. Most proponents of deepening economic integration favour the European progressive approach: a customs union, to be followed by a “single market†and eventually a full economic union. Evidently, the complexity of negotiating and implementing these arrangements increase from one step to the next. In this paper, we attempt to shed quantitative light in the simplest and perhaps most attainable scenario of closer integration, that of a basic customs union between the two countries. This involves harmonization of external tariffs towards the Rest of the World coupled with elimination of remaining tariff protection in bilateral trade between the two countries. Our methodology involves the development of a Computable General Equilibrium model where the representative consumer maximizes an inter-temporal utility function. The model and related data consists of three Canadian regions, The USA and the Rest of the World and nine economic sectors. The dynamic aspect of our model allows for a better interpretation of the adjustment process as well as capital accumulation and investment response to the proposed integration reform.

    Download Info

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Bibliographic Info

    Paper provided by Society for Computational Economics in its series Computing in Economics and Finance 2006 with number 316.

    as in new window
    Length:
    Date of creation: 04 Jul 2006
    Date of revision:
    Handle: RePEc:sce:scecfa:316

    Contact details of provider:
    Email:
    Web page: http://comp-econ.org/
    More information through EDIRC

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:sce:scecfa:316. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christopher F. Baum).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.