Economic rents, province-building and interregional adjustment : a two-region general equilibrium analysis / by K. H. Norrie and M. B. Percy.: EC22-3/1983-230E-PDF

"In this paper we have examined the process of interregional adjustment to a shift in the regional terms of trade under various assumptions regarding the distribution of economic rents. Our procedure was to specify a stylized model of the Canadian economy which consisted of two multi-sector regions - an energy-rich West and an industrialized East. The model was then used to simulate the impact of a doubling of energy prices on each region's income and industrial structure under three separate scenarios for the distribution of economic rents and alternate assumptions regarding the interregional mobility of labour"--Abstract, p. iv.

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Publication information
Department/Agency Economic Council of Canada.
Title Economic rents, province-building and interregional adjustment : a two-region general equilibrium analysis / by K. H. Norrie and M. B. Percy.
Variant title Two-region general equilibrium analysis
Series title Discussion paper ; no. 230
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Note(s) "April 1983."
Digitized edition from print [produced by the Publishing and Depository Services Directorate].
Includes bibliographic references (p. 46-47).
Includes abstract in French.
Publishing information Ottawa : Economic Council of Canada, 1983.
Author / Contributor Norrie, K. H. (Kenneth Harold) 1946-
Percy, Michael,1948-
Description vi, 47 p.
Catalogue number
  • EC22-3/1983-230E-PDF
Subject terms Economic development
Energy
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