Return to search

Regional Growth and Northeastern Ontario Development: An Analysis of Factor Costs in Manufacturing Activity

Regional growth literature indicates that the relations
between the core and the peripheral regions, and the process
by which growth is transmitted between regions are of prime
importance in discussing growth disparities.
Northeastern Ontario is a peripheral region, economically subordinate to the Ontario core region, and exhibits adverse growth conditions. Diversification of the region's resource
dependent economy has been called for by many groups but has
been hindered by the perception of higher manufacturing production costs. However, these costs have not been investigated.
In this thesis, Northeastern Ontario centers' factor
costs in manufacturing are compared with core centers' costs
by utilizing a cost accounting method. The results indicate
that some Northeastern locations may be cost attractive locations.
However, low costs derived for Toronto would indicate continued
manufacturing concentration in the principle centers of the
core region.
When costs are calculated for hypothetical firms, the
importance of the factor requirement structure is indicated in
determining location. Northeastern locations would be attractive
to firms with large land, and low labour requirements. If
future analyses verify these results, alternative explanations
of the development problem of the Northeast should be explored. / Thesis / Master of Arts (MA)

Identiferoai:union.ndltd.org:mcmaster.ca/oai:macsphere.mcmaster.ca:11375/29584
Date05 1900
CreatorsSaare, Christian G.
ContributorsJones, Peter
Source SetsMcMaster University
LanguageEnglish
Detected LanguageEnglish
TypeThesis

Page generated in 0.0019 seconds