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Spaghetti Regionalism or Strategic Foreign Trade : Some Evidence for Mexico
Ibarra-Yunez, Alejandro - 2003
After signing ten free trade agreements between 1993 and 2001, Mexico as a world leader in foreign trade policy … continues to negotiate with countries such as Japan, Panama, Uruguay or Argentina. Criticism of multiple regional trade … agreements (RTAs) arises from a consistency test, but also from the ability of a country to administer them. Mexico's multiple …
Persistent link: https://www.econbiz.de/10012469006
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Wage Effects of A U.S. - Mexican Free Trade Agreement
Leamer, Edward E. - 1992
obtain an education because of its effect on future earnings. Individuals differ in their initial income levels. Mexico doesn … United States, but Mexican population growth and productivity gains induced by liberalization will make the Mexico of the … future much larger than today, especially in those sectors that use intensively Mexico's abundant low-skilled labor …
Persistent link: https://www.econbiz.de/10012474989
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The Shrinking Advantage of Market Potential
Brülhart, Marius - 2019
How does a country's economic geography evolve along the development path? This paper documents recent employment growth in 18,961 regions in eight of the world's main economies. Overall, market potential is losing importance, and local density is gaining importance, as correlates of local...
Persistent link: https://www.econbiz.de/10012480470
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Learning to Use Trade Agreements
Krishna, Kala - National Bureau of Economic Research - 2021
Free trade or preferential trade areas (PTAs) allow importers who belong to the area to export to each other while paying zero or preferential tariffs as long as Rules of Origin (ROOs) are met. Meeting them is costly not only in terms of production costs but also in terms of documentation costs....
Persistent link: https://www.econbiz.de/10012659997
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A World Trading System for the Twenty-First Century
Staiger, Robert W. - National Bureau of Economic Research - 2021
I explore whether the world trading system of the twentieth century can be adapted to address the challenges of the twenty-first. I first develop an understanding of how GATT functioned during the twentieth century, and which features of the economic environment were most important in...
Persistent link: https://www.econbiz.de/10012585431
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Export Expansion and Investment in Children's Human Capital : Evidence from the U.S.-Vietnam Bilateral Trade Agreement
McCaig, Brian; Nguyen, Minh; Kaestner, Robert - National Bureau of Economic Research - 2022
We examine how export expansion induced by the U.S-Vietnam Bilateral Trade Agreement (BTA) affected migration, school enrollment, work and healthcare use of young children and adolescents in Vietnam. To do so, we exploit variation in tariff reductions across industries associated with the BTA...
Persistent link: https://www.econbiz.de/10013172130
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Trade Policy Uncertainty
Handley, Kyle; Limão, Nuno - National Bureau of Economic Research - 2022
Trade policy uncertainty (TPU) has become an important source of economic uncertainty and research. We review the main sources and measures of TPU. We then provide a conceptual framework for modeling TPU and methods of estimating and quantifying its effects. We analyze its role in trade...
Persistent link: https://www.econbiz.de/10012814447
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Does Digital Trade Change the Purpose of a Trade Agreement?
Staiger, Robert W. - National Bureau of Economic Research - 2021
The design of a trade agreement should reflect its purpose. Does digital trade change the purpose of a trade agreement? To explore this question, I first describe the definitional and classification issues associated with digital trade, and for modeling purposes I adopt a simple taxonomy of the...
Persistent link: https://www.econbiz.de/10012794606
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Trade Diversion and Trade Deficits : The Case of the Korea-U.S. Free Trade Agreement
Russ, Katheryn N. - 2019
We study whether tariff preferences conferred on South Korean goods through the implementation of the Korea-U.S. Free Trade Agreement (KORUS) drew U.S. import demand away from other U.S. trading partners through the phenomenon known as trade diversion. In the two years following the...
Persistent link: https://www.econbiz.de/10012479566
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Taking Stock of Trade Policy Uncertainty : Evidence from China’s Pre-WTO Accession
Alessandria, George A. - 2019
We study the effects on trade from the annual tariff uncertainty about China's MFN status renewal prior to joining the WTO. We have three main findings. First, counter to the evidence elsewhere, trade increases strongly in anticipation of uncertain future increases in tariffs. Second, even...
Persistent link: https://www.econbiz.de/10012479914