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The Commodity-Price Cycle and Regional Economic Performance in Canada

Author

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  • Mario Lefebvre
  • Stephen S. Poloz

Abstract

This paper attempts to provide one interpretation of the board regional economic history of Canada since the searly 1970's. As the title of the paper suggests, we believe that , to a significant degree, regional diversity in economic performance reflects movements in Canada's terms of trade, which very frequently are tied to developments in world commodity markets.

Suggested Citation

  • Mario Lefebvre & Stephen S. Poloz, 1996. "The Commodity-Price Cycle and Regional Economic Performance in Canada," Staff Working Papers 96-12, Bank of Canada.
    • Handle: RePEc:bca:bocawp:96-12
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    File URL: https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp96-12.pdf
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    References listed on IDEAS

    as
    1. John F. Helliwell, 1996. "Convergence and Migration among Provinces," Canadian Journal of Economics, Canadian Economics Association, vol. 29(s1), pages 324-330, April.
    2. Coulombe, S. & Lee, F.C., 1993. "Regional Economic Disparities in Canada," Working Papers 9317e, University of Ottawa, Department of Economics.
    3. Amano, Robert A. & van Norden, Simon, 1995. "Terms of trade and real exchange rates: the Canadian evidence," Journal of International Money and Finance, Elsevier, vol. 14(1), pages 83-104, February.
    4. Mario Lefebvre, "undated". "Les provinces canadiennes et la convergence : une evaluation empirique," Staff Working Papers 94-10, Bank of Canada.
    5. Lee, F.C. & Coulombe, S., 1993. "Regional Productivity Convergence in Canada," Working Papers 9318e, University of Ottawa, Department of Economics.
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    Cited by:

    1. David Amirault & Daniel de Munnik & Sarah Miller, 2016. "What drags and drives mobility? Explaining Canada's aggregate migration patterns," Canadian Journal of Economics, Canadian Economics Association, vol. 49(3), pages 1035-1056, August.
    2. Mario Fortin & Marcelin Joanis & Philippe Kabore & Luc Savard, 2022. "Determination of Quebec's Quarterly Real GDP and Analysis of the Business Cycle, 1948–1980," Journal of Business Cycle Research, Springer;Centre for International Research on Economic Tendency Surveys (CIRET), vol. 18(3), pages 261-288, November.
    3. James O. Bukenya & Walter C. Labys, 2005. "Price Convergence on World Commodity Markets: Fact or Fiction?," International Regional Science Review, , vol. 28(3), pages 302-329, July.
    4. Walter Labys, 2005. "Commodity Price Fluctuations: A Century of Analysis," Working Papers Working Paper 2005-01, Regional Research Institute, West Virginia University.
    5. Mario Lefebvre, 1997. "Les marchés du travail régionaux : une comparaison entre le Canada et les États-Unis," Staff Working Papers 97-17, Bank of Canada.
    6. David Amirault & Naveen Rai, 2016. "Canadian Labour Market Dispersion: Mind the (Shrinking) Gap," Staff Analytical Notes 16-3, Bank of Canada.
    7. repec:rri:wpaper:200501 is not listed on IDEAS
    8. Lafrance, Robert & St-Amant, Pierre, 2000. "Les zones monétaires optimales," L'Actualité Economique, Société Canadienne de Science Economique, vol. 76(4), pages 577-612, décembre.

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    More about this item

    Keywords

    REGIONAL ECONOMY; COMMODITIES;

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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