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The Resource Boom: Impacts on Provincial Purchasing Power

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  • Macdonald, Ryan

Abstract

The 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.

Suggested Citation

  • Macdonald, Ryan, 2008. "The Resource Boom: Impacts on Provincial Purchasing Power," Insights on the Canadian Economy 2008021e, Statistics Canada, Economic Analysis Division.
    • Handle: RePEc:stc:stcp2e:2008021e
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    File URL: http://www.statcan.gc.ca/bsolc/olc-cel/olc-cel?catno=11-624-M2008021&lang=eng
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    File URL: http://www.statcan.gc.ca/bsolc/olc-cel/olc-cel?catno=11-624-M2008021&lang=eng
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    Keywords

    International trade; Economic accounts; Gross domestic product;
    All these keywords.

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