Were Canadian Exports to the U.S. Curtailed by the Post-9/11 Thickening of the U.S. Border?

Abstract

Abstract:The paper examines the data for Canadian exports to the United States that have been cited as prima facie evidence of a "thickening of the border." It estimates that Canadian exports of goods, excluding energy and forestry products, to the United States have been 12.5 per cent lower than would have been expected based on estimated relationships and exports of services 8 per cent lower. These estimates suggest that the boost to Canadian exports resulting from the FTA/NAFTA has been substantially eroded.

How thick is the border: the relative cost of Canadian domestic and cross-border truck-borne trade, 2004–2009

“…They consistently find cross-border trade is lower than interstate or interprovincial trade, after controlling for the size and distance between the trading partners (Anderson and van Wincoop, 2003;Anderson and Yotov, 2010). There is also recent work that examines whether the post-9/11 security regime has reduced the volume of Canada-U.S. trade, with Storer (2008, 2009) and Grady (2008) finding evidence of such a reduction, while Burt (2009) finds little evidence of this effect. This study takes a step back from both literatures and asks whether there is a premium paid by shippers to move goods across the Canada-U.S. border, which is one of the mechanisms by which 'border thickening' might occur.…”

Η Παγκοσμιοποίηση Μετά Την 11-9-2001

“…Οι κρίσεις αυτές σύμφωνα με τον G. Soros, είχαν ως συνέπεια την άρση των περιορισμών της διεθνούς ροής των κεφαλαίων 87. Επίσης, όπως υποστηρίζουν οι Fourcade-Gourinchas και Babb, στην απελευθέρωση της κίνησης των κεφαλαίων συνέβαλε η ταχεία πρόοδος της χρηματοοικονομικής καινοτομίας και η "πολυεθνικοποιήση" (multinationalization) των εταιρειών 88. Οι συμφωνίες εμπορίου επεκτάθηκαν πέρα από την άρση των περιορισμών των εισαγωγών, επιπλέον στο πεδίο των εγχώριων πολιτικών.…”