@article{Mérette:331743,
      recid = {331743},
      author = {Mérette, Marcel and Georges, Patrick and Dissou, Yazid},
      title = {Liberalizing Foreign Direct Investment Restrictions in  Canada: A Multi-Country Computable General Equilibrium  Analysis},
      address = {2008},
      pages = {53},
      year = {2008},
      note = {Presented at the 11th Annual Conference on Global Economic  Analysis, Helsinki, Finland},
      abstract = {This paper develops a multi-country multi-sector static  general equilibrium model to assess the economic effects of  liberalizing FDI restrictions in Canada, either  unilaterally, bilaterally (with the US), or multilaterally.  From a strict economic point of view, removing barriers to  inward FDI could reap great benefits to all regions of the  world, and in particular to the ones in which the  restrictions are initially severe. Our simulation results  show that the benefits of fewer restrictions on FDI stem  mainly from a better resource reallocation across the world  and an increased capital stock in foreign-owned firms  accompanied by a positive spillover effect on total factor  productivity. Up to 80% of the welfare increase resulting  from liberalizing FDI restrictions is due to increased  total factor productivity.},
      url = {http://ageconsearch.umn.edu/record/331743},
}