Une analyse économétrique de l’ajustement récent de la balance commerciale canadienne (1978-1979)

Abstract

The Canadian merchandise trade surplus increased rather modestly in 1978 and 1979 given that the depreciation of the real exchange rate since 1977 had considerably reinforced our competitive position. With the aid of an econometric model, we try to measure the respective contributions of the factors influencing the merchandise trade balance during that period.