The Resource Boom: Impacts on Provincial Purchasing Power
AbstractThe present study illustrates the differential impact on regional economies of relative price changes stemming from commodity price movements, exchange rate changes and changes in international manufactured goods prices. It focuses on Canadian provinces, which are a large, geographically distributed federation of regional economies with widely differing economic bases. In this regard, the study illuminates an important method for examining regional economic performance that is particularly well suited to federations such as Russia or the European Monetary Union, or to large countries such as the United States.
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Bibliographic InfoPaper provided by Statistics Canada, Economic Analysis Division in its series Insights on the Canadian Economy with number 2008021e.
Date of creation: 18 Nov 2008
Date of revision:
International trade; Economic accounts; Gross domestic product;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-12-01 (All new papers)
- NEP-CBA-2008-12-01 (Central Banking)
- NEP-OPM-2008-12-01 (Open Economy Macroeconomic)
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