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Regional Convergence and the Role of Federal Transfers in Canada

Mr. Phillip SwagelMr. Steven Vincent DunawayMr. Martin David Kaufman

出版	International Monetary Fund, 2003-05-01
主題	Business & Economics / Economics / MacroeconomicsBusiness & Economics / Economics / GeneralBusiness & Economics / International / Economics
ISBN	14518978479781451897845
URL	http://books.google.com.hk/books?id=q75U2PdPaWIC&hl=&source=gbs_api

註釋

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.