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Canadian Business Cycles and Merchandise Exports*

Published online by Cambridge University Press:  07 November 2014

Edward J. Chambers
Edward J. Chambers*
Affiliation:
Montana State University
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Abstract

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Type
Notes and Memoranda
Information
Canadian Journal of Economics and Political Science/Revue canadienne de economiques et science politique , Volume 24 , Issue 3 , August 1958 , pp. 406 - 410
Copyright
Copyright © Canadian Political Science Association 1958

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Footnotes

*

This is a revision of a portion of a paper presented at the annual meeting of the Canadian Politieal Seience Association in Ottawa, June 15, 1957. See also my article “Canadian Business Cycles since 1919: A Progress Report,” this Journal, XXIV, no. 2, May, 1958, 166-89, which considered the timing and amplitude of Canadian business cycles and suggested monthly reference cycle dates for the period since the end of the First World War.

References

1 Both the value and volume of total domestic exports reached an initial post-war trough in July, 1921. The series on the volume of merchandise exports does not appear in Table I.

2 This is the specific cycle reaching a peak in March, 1934, and a terminal trough in October of the same year.

3 The special circumstances in 1937 were the knowledge that the price of newsprint would be increased effective January, 1938, and the consequent above-average shipments of newsprint in the fall of 1937.

4 A specific cycle peak in December, 1924, and a trough in June, 1926; a specific cycle peak in March, 1934, and a trough in December, 1934.

5 See comments on the American experience by Ilse Mintz in National Bureau of Economic Research, 34th Annual Report (New York, 1954), 43–4.Google Scholar

6 Cf. R. B. Bryce, “The Effects on Canada of Industrial Fluctuations in the United States,” this Journal, V, no. 3, Aug., 1939, 373–86.