How does the border affect productivity? evidence from American and Canadian manufacturing industries
Abstract: This paper studies how much of productivity fluctuations are industry specific versus how much are country specific. Using data on manufacturing industries in Canada and the United States, the paper shows that the correlation between cross-border pairings of the same industry are more often highly correlated than previously thought. In addition, the paper confirms earlier findings that the similarity of input use can help describe the co-movement of productivity fluctuations across industries.
File(s): File format is text/html http://www.federalreserve.gov/pubs/ifdp/2003/788/default.htm
File(s): File format is application/pdf http://www.federalreserve.gov/pubs/ifdp/2003/788/ifdp788.pdf
Part of Series: International Finance Discussion Papers
Publication Date: 2003