> “Removing non-geographic internal trade costs increases trade volumes as a share of GDP by roughly 15 percentage points,” wrote University of Calgary economist Trevor Tombe in a 2019 paper for the International Monetary Fund.
> That study found real GDP per capita would rise by 3.8 per cent nationally. Smaller provinces would see some of the biggest gains. The authors found real GDP in a province like P.E.I. could increase by as much as 16 per cent.
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> “Removing non-geographic internal trade costs increases trade volumes as a share of GDP by roughly 15 percentage points,” wrote University of Calgary economist Trevor Tombe in a 2019 paper for the International Monetary Fund.
> That study found real GDP per capita would rise by 3.8 per cent nationally. Smaller provinces would see some of the biggest gains. The authors found real GDP in a province like P.E.I. could increase by as much as 16 per cent.
!ping CAN