Regional Convergence and the Role of Federal Transfers in Canada

WPIEA0972003 Image
Price:  $15.00

Author/Editor: Steven Vincent Dunaway, Martin David Kaufman, Phillip Swagel
Release Date: © May, 2003
ISBN : 978-1-45185-204-2
Stock #: WPIEA0972003
English
Stock Status: Available

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Description

Differences in per capita output across Canadian provinces have narrowed less than disparities in per capita income in past decades. Using a panel regression framework, this paper studies the differential impact of federal transfer programs on output convergence. The evidence suggests that while the Employment Insurance (EI) system seems to have had a significant negative effect on output convergence?by discouraging migration within Canada?the Equalization transfers may have helped spur convergence. The EI system, despite reforms introduced in the 1990s, still appears to contain features that deter labor mobility.

Taxonomy

Financial institutions and markets , Insurance




More publications in this series: Working Papers


More publications by: Steven Vincent Dunaway ; Martin David Kaufman ; Phillip Swagel