Abstract
The Canada-U.S. bilateral free trade (BFT) agreement is an event of considerable importance, especially to the smaller economy. Canada does around three quarters of its trade with the United States, and is the biggest single market for that country’s exports. It is not surprising, then, that the prospect of a free trade agreement spurred a great deal of interest amongst economists, especially in Canada, where relations with the giant to the south have been a perennial area of controversy. Economic analysis of the impact of free trade on Canada progressed quickly from informal ‘back of the envelope’ calculations (e.g. the Wonnacotts, 1982) to application of the current state-of-the-art technology — full scale ‘computable general quilibrium’ models.
The author thanks participants of the Rotterdam meeting of EARIE and at seminars at the University of Canterbury, Victoria University of Wellington and the Economics Society of Victoria, Melbourne. In particular, useful comments were received from Geoff Bertram, Peter Dixon, Mark Horridge, Ralph Lattimore, Brian Parmenter and Alan Woodfield. Editorial input from Ben Dankbaar is gratefully acknowledged.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Baldwin, Robert E., John H. Mutti and J. David Richardson (1980), Welfare Effects on the United States of a Significant Multilateral Tariff Reduction, Journal of International Economics, 10(3), 405–423.
Boadway, Robin W., and John M. Treddenick (1978), A General Equilibrium Computation of the Effect of the Canadian Tariff Structure, Canadian Journal of Economics; 11(3), 424–446.
Brown, Drusilla K., and Robert M. Stern (1987), A Modelling Perspective, in: Stern et al., eds.
Caves, Richard E. (1985), International Trade and Industrial Organization, European Economic Review, 23(3), 377–395.
Caves, Richard E., and Peter J. Williamson (1985), What is Product Differentiation Really? Journal of Industrial Economics, 34(2), 113–132.
Chisholm, Anthony H., and Rodney Tyers (1985), Agricultural Protection and Market Insulation Policies: Applications of a Dynamic Multisectoral Model, in: Piggott and Whalley, eds.
Cox, David, and Richard Harris (1985), Trade Liberalization and Industrial Organization: Some Estimates for Canada, Journal of Political Economy, 93(1), 115–145.
Dixon, P.B., B.R. Parmenter, J. Sutton, and D.P. Vincent (1982), ORANI: A Multi-sectoral Model of the Australian Economy, Amsterdam: North Holland.
Dornbusch, R. (1987), Exchange Rates and Prices, American Economic Review, 77(1), 93–106.
Eastman, Harry C., and Stefan Stykolt (1967), The Tariffand Competition in Canada, Toronto: Macmillan.
Hamilton, Bob, and John Whalley (1989), Geographically Discriminatory Trade Arrangements, Review of Economics and Statistics, 67(3), 446–455.
Hamilton, Bob, Sharit Mohammad, and John Whalley (1984), Rent Seeking and the North-South Terms of Trade, Journal of Policy Modelling, 6(4), 485–512.
Harris, Richard G. (1984), Applied General Equilibrium Analysis of Small Open Economies with Scale Economies and Imperfect Competition, American Economic Review, 74(5), 1016–1032.
Harris, Richard G. (1986), Summary of a Project on the General Equilibrium Evaluation of Canadian Trade Policy, in: John Whalley, ed., Canada-United States Free Trade, Toronto: University of Toronto Press.
Harris, Richard G. (1988), A Guide to the G.E.T. Model, prepared for Special Studies, Department of Finance, Ottawa, March.
Harris, Richard G., and David Cox (1984), Trade, Industrial Policy and Canadian Manufacturing, Toronto: Ontario Economic Council.
Hazledine, Tim (1980), Testing Two Models of Pricing and Protection with Canada/US Data, Journal of Industrial Economics, 24(2), 145–154.
Hazledine, Tim (1981), The Costs of Protecting Jobs in 100 Canadian Manufacturing Industries, Technical Study 16, Ottawa: Labour Market Development Task Force.
Hazledine, Tim (1985), The Oligopoly Problem with Import Competition and Tariffs, presented to the Canadian Economics Association Annual Meetings, Montreal, May.
Hazledine, Tim (1988), Pricing and Protection: Eastman-Stykolt Reassessed, presented to the Canadian Economics Association Annual Meetings, Windsor, June.
Hazledine, Tim, and Ian Wigington (1987), Canadian Auto Policy, Canadian Public Policy, 13(4), 490–591.
Horridge, Mark (1987), The Long-term Costs of Protection: Experimental Analysis with Different Closures of an Australian Computable General Equilibrium Model, Ph.D. thesis, University of Melbourne.
Karikari, J.A. (1988), International Competitiveness and Industry Pricing in Canadian Manufacturing, Canadian Journal of Economics, 21(2), 410–426.
Magee, Stephen P. (1972), The Welfare Effects of Restrictions on U.S. Trade, Brookings Papers, 3, 645–708.
Milone, L.M. (1986), The Law of One-Price: Further Empirical Evidence Concerning Italy and the United Kingdom, Applied Economics, 18(6).
Parmenter, B.R. (1986), What Does Manufacturing Protection Cost Farmers? A Review of Some Recent Australian Contributions, Australian Journal of Agricultural Economics, 30(2&3), 118–127.
Piggott, John, and John Whalley, eds., (1985), New Developments in Applied General Equilibrium Analysis, Cambridge: Cambridge University Press.
Ross, Thomas W. (1988), Movements towards free trade and domestic market performance with imperfect competition, Canadian Journal of Economics, 21(3), 507–524.
Shoven, John B., and John Whalley (1984), Applied General Equilibrium Models of Taxation and International Trade, Journal of Economic Literature, 22(3), 1007–1051.
Slade, Margaret E. (1987), Interfirm Rivalry in a Repeated Game: An Empirical Test of Tacit Collusion?, Journal of Industrial Economics, 35(4), 499–518.
Stern, Robert M., Jonathan Francis, and Bruce Schumacher (1976), Price Elasticities in International Trade: An Annotated Bibliography, Toronto: Macmillan (for Trade Policy Research Centre).
Stern Robert M., Philip H. Trezise, and John Whalley, eds., (1987), Perspectives on a VS.-Canadian Free Trade Agreement, Ottawa: IRPP and Washington, D.C.: Brookings Institution.
Thursby, Marie C., Paul R. Johnson, and Thomas J. Grennes (1986), The Law of one Price and the Modelling of Disaggregated Trade Flows, Economic Modelling, 3(4), 293–302.
Trela, Irene, John Whalley, and Randall Wigle (1987), International Trade in Grains: Domestic Policies and Trade Impacts, Scandinavian Journal of Economics, 89(3), 271–284.
Whalley, John (1985), Hidden Challenges in Recent Applied GE Exercises, in Piggott, I. and Whalley, I., eds.
Wigle, R. (1988), General Equilibrium Evaluation of Canada-U.S. Trade Liberalization in a Global Context, Canadian Journal of Economics, 21(3), 539–564.
Wonnacott, P.J., and R J. Wonnacott (1982), Free Trade Between the United States and Canada: Fifteen Years Later, Canadian Public Policy, 8 (supplement), 412–427.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1990 Kluwer Academic Publishers
About this chapter
Cite this chapter
Hazledine, T. (1990). Industrial Organization and Trade Modelling. In: Dankbaar, B., Groenewegen, J., Schenk, H. (eds) Perspectives in Industrial Organization. Studies in Industrial Organization, vol 13. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-2073-6_5
Download citation
DOI: https://doi.org/10.1007/978-94-009-2073-6_5
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-7431-5
Online ISBN: 978-94-009-2073-6
eBook Packages: Springer Book Archive