International Finance Discussion Papers (IFDP)
December 2003 (Revised January 2006)
How Does the Border Affect Productivity? Evidence from American and Canadian Manufacturing Industries
Abstract:
This study reports on how much productivity fluctuations are industry specific versus country specific. For the manufacturing industries in Canada and the United States, the correlation between cross-border pairings of the same industry are found to be more often highly correlated than previously thought. Furthermore, the study confirms earlier findings that the similarity of input use can help describe the comovement of productivity fluctuations across industries.
Original version (PDF)Keywords: Productivity, co-movement, border effects
PDF: Full Paper
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