Steven Globerman

Resident Scholar and Addington Chair in Measurement, Professor Emeritus, Western Washington University

Mr. Steven Globerman is Resident Scholar and Addington Chair in Measurement at the Fraser Institute as well as Professor Emeritus at Western Washington University. Previously, he held tenured appointments at Simon Fraser University and York University and has been a visiting professor at the University of California, University of British Columbia, Stockholm School of Economics, Copenhagen School of Business, and the Helsinki School of Economics.

He has published more than 200 articles and monographs and is the author of the book The Impacts of 9/11 on Canada-U.S. Trade as well as a textbook on international business management. In the early 1990s, he was responsible for coordinating Fraser Institute research on the North American Free Trade Agreement.

In addition, Mr. Globerman has served as a researcher for two Canadian Royal Commissions on the economy as well as a research advisor to Investment Canada on the subject of foreign direct investment. He has also hosted management seminars for policymakers across North America and Asia.

Mr. Globerman was a founding member of the Association for Cultural Economics and is currently a member of the American and Canadian Economics Associations, the Academy of International Business, and the Academy of Management.

He earned his BA in economics from Brooklyn College, his MA from the University of California, Los Angeles, and his PhD from New York University.

Recent Research by Steven Globerman

— Oct 13, 2021
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The Investment Outlook for the Canadian and US Oil and Gas Sectors: Evidence from Financial Metrics

The Investment Outlook for the Canadian and US Oil and Gas Sectors finds that Canada’s unfavourable business environment—which includes higher taxes, more regulation and lack of pipeline capacity—will likely continue to help divert oil and gas investments from Canada to the United States.

— Aug 10, 2021
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An International Comparison of Capital Expenditures

An International Comparison of Capital Expenditures is a new study that finds the growth rate of overall capital expenditures in Canada slowed substantially from 2005 to 2019. Critically, from 2015 to 2019, the growth rate was lower than in virtually any other period since 1970, with corporate investment dropping below other developed countries such as the United States, Sweden, France, Norway, and Australia.

— Jul 29, 2021
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Industry-Level Private Sector Capital Expenditures in Canada: 1990-2019

Industry-Level Private Sector Capital Expenditures in Canada: 1990-2019 examines how, despite the absence of a major recession (as Canada experienced in the early 1990s and 2008-09), more domestic industries experienced decreases in capital investment from 2015 to 2019 than at any other time since 1990. Critically, a majority of industries decreased investment in machinery, equipment and intellectual property products (such as software), which all significantly impact productivity.