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Regional Economic Integration: The Canada-U.S. Experience

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  • Steven Globerman

    (Western Washington University)

Abstract

This paper assesses the nature and degree of bilateral economic integration preceding and following the implementation of the Canada- U.S. Free Trade Agreement (CUSTA). Various price-based and quantity- based indicators of economic integration are assessed. Results vary depending upon the indicator; however, on balance, the results provide only modest evidence of incremental integration in the post-CUSTA period. The findings serve as a caution against managers and policymakers assuming that regional integration is an inevitable dynamic and basing strategies and policies around this assumption.

Suggested Citation

  • Steven Globerman, 2004. "Regional Economic Integration: The Canada-U.S. Experience," International Trade 0406003, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpit:0406003
    Note: Type of Document - pdf; pages: 40
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    References listed on IDEAS

    as
    1. Charles Engel & John H. Rogers, 1998. "Relative Price Volatility: What Role Does the Border Play?," Discussion Papers in Economics at the University of Washington 0061, Department of Economics at the University of Washington.
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    9. Steven Globerman, 2000. "Trade Liberalisation and the Migration of Skilled Professionals and Managers: The North American Experience," The World Economy, Wiley Blackwell, vol. 23(7), pages 901-922, July.
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    • F - International Economics

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