Showing 1 - 10 of 522
We build into a Ricardian model sectoral linkages, trade in intermediate goods, and sectoral heterogeneity in … production to quantify the trade and welfare effects from tariff changes. We also propose a new method to estimate sectoral trade … elasticities consistent with any trade model that delivers a multiplicative gravity equation. We apply our model and use our …
Persistent link: https://www.econbiz.de/10012460153
Free Trade Agreement (NAFTA). In event-study analysis, we demonstrate that counties whose 1990 employment depended on … industries vulnerable to NAFTA suffered large and persistent employment losses relative to other counties. These losses begin in … data, we show that protectionist views predict movement toward the GOP in the years that NAFTA is debated and implemented …
Persistent link: https://www.econbiz.de/10012696434
Suppose that an opportunity arises for two countries to negotiate a free trade agreement (FTA). Will an FTA between … bilateral trade and when a few, politically sensitive sectors can be excluded from the agreement …
Persistent link: https://www.econbiz.de/10012474343
.S. tariffs and little intra-industry trade are associated with long NAFTA phase-out periods for U.S. imports from Mexico. Mexico … manufactured goods tariffs that time paths of tariff reductions became a substantive part of GATT agreements. Existing empirical … work has demonstrated that U.S. industries with high initial tariffs tended to receive long periods for tariff adjustment …
Persistent link: https://www.econbiz.de/10012473443
effects of Mexican entry into NAFTA. Although the fraction of Mexican trade with the U.S. and Canada has risen sharply, a …Aggregate and more micro data on trade between the U.S., Canada, and Mexico are used to attempt to assess the early … number of factors have contributed to this result. Mexican reduction of tariffs and quantitative restrictions and the Mexican …
Persistent link: https://www.econbiz.de/10012471352
Using US Census data for 1990-2000, we estimate effects of NAFTA on US wages, focusing on differences by gender. We … find that NAFTA tariff reductions are associated with substantially reduced wage growth for married blue-collar women, much … explained by differential sensitivity of female-dominated occupations to trade shocks, or by household bargaining that makes …
Persistent link: https://www.econbiz.de/10012453290
Using US Census data for 1990-2000, we estimate effects of NAFTA on US wages. We look for effects of the agreement by …
Persistent link: https://www.econbiz.de/10012462122
One of the motivations for NAFTA from the US point of view was to reduce the" incentives for Mexican migration into the … group should therefore" be made better off by trade and investment liberalization according to the traditional" Heckscher …-Ohlin model. Existing evidence, along with best guesses of many experts in the" area, suggest that NAFTA is unlikely to have a …
Persistent link: https://www.econbiz.de/10012472579
formal agreements like NAFTA lies not so much in the ability of these agreements to reduce average import tariffs among their …In this paper, we derive three lessons from Mexico's experience. First, deep reforms like trade liberalization are not … parties and improve their terms of trade vis vis the rest of the world, as claimed by the optimal tariff literature, but in …
Persistent link: https://www.econbiz.de/10012473548
A free trade agreement supports global free trade since trade barriers tend to divert trade in favor of members, but … not reduce imports. The term: 'mutual assured deterrence' is used to refer to a regional free trade association that has … deterrence is shown to be possible for a surprisingly rich set of partners. A customs union is compatible with global free trade …
Persistent link: https://www.econbiz.de/10012474172