The impact of free trade with the United States on the pattern of Canadian consumer spending and savings

Autor:	James A. Brox
Rok vydání:	2003
Předmět:	Consumption (economics) Economics and Econometrics Almost ideal demand system business.industry Consumer spending Economics International trade International economics Free trade agreement business Free trade Finance Test (assessment)
Zdroj:	The North American Journal of Economics and Finance. 14:69-87
ISSN:	1062-9408
DOI:	10.1016/s1062-9408(02)00116-x
Popis:	This paper examines the effects of the formation of the free trade agreement (FTA) between Canada and the United States has had on the pattern of Canadian consumption and savings. The analysis employs a version of the almost ideal demand system (AIDS) which allows individual demands to be conditional on shift parameters introduced to test for changes since the formation of the FTA. The empirical results strongly indicate significant changes in the relationships since that time. The formation of the FTA appears to have reduced the Canadian savings rate and increased the shares for the consumption of all categories of goods, while leaving the share of services largely unchanged.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::f088e8873053213216bbecdc19d93803 https://doi.org/10.1016/s1062-9408(02)00116-x Zobrazit plný text záznamu Full Text from ScienceDirect