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Spaghetti Regionalism or Strategic Foreign Trade : Some Evidence for Mexico
Ibarra-Yunez, Alejandro - 2021
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/10013221948
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Wage Effects of a U.S. - Mexican Free Trade Agreement
Leamer, Edward E. - 2021
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/10013225949
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The Shrinking Advantage of Market Potential
Brülhart, Marius; Desmet, Klaus; Klinke, Gian-Paolo - 2021
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/10013310242
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Looking for Local Labor Market Effects of NAFTA
McLaren, John - 2010
Using US Census data for 1990-2000, we estimate effects of NAFTA on US wages. We look for effects of the agreement by industry and by geography, measuring each industry's vulnerability to Mexican imports, and each locality's dependance on vulnerable industries. We find evidence of both effects,...
Persistent link: https://www.econbiz.de/10013135881
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Who Benefits from Regional Trade Agreements? the View from the Stock Market
Moser, Christoph - 2011
The effects of Regional Trade Agreements (RTAs) are disputed. In this paper, we assess these effects using capital market data and an event-study approach, using a daily data set covering a thousand announcements spanning over eighty economies and a hundred RTAs over twenty recent years. We...
Persistent link: https://www.econbiz.de/10013120297
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Terms of Trade and Global Efficiency Effects of Free Trade Agreements, 1990-2002
Anderson, James E. - 2011
This paper infers the terms of trade effects of Free Trade Agreements (FTA's) with the structural gravity model. Using panel data methods to resolve two way causality between trade and FTA's, we estimate direct FTA effects on bilateral trade volume in 2 digit manufacturing goods from 1990-2002....
Persistent link: https://www.econbiz.de/10013125913
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Fragmentation and Trade in Value Added Over Four Decades
Johnson, Robert C. - 2012
We combine data on trade, production, and input use to compute the value added content of trade for forty-two countries from 1970 to 2009. For the world, the ratio of value added to gross trade falls by ten to fifteen percentage points, with two-thirds of this decline in the last two decades....
Persistent link: https://www.econbiz.de/10013104723
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Uncertainty and Trade Agreements
Limão, Nuno - 2013
In this paper we explore the potential gains that a trade agreement (TA) can provide by regulating trade-policy uncertainty, in addition to the more standard gains from reducing the mean levels of trade barriers. We show that in a standard trade model with income-risk neutrality there tends to...
Persistent link: https://www.econbiz.de/10013088668
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Pollution and International Trade in Services
Levinson, Arik - 2014
Two central topics in recent rounds of international trade negotiations have been environmental concerns, and services trade. While each is undoubtedly important, they are unrelated. In this paper I show that the services-environment link is small, for two reasons. First, services account for...
Persistent link: https://www.econbiz.de/10013071207
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Dumping and Antidumping Duties
Blonigen, Bruce A. - 2015
The majority of the world's countries have antidumping (AD) statutes in place, hundreds of AD actions occur annually across these countries, and AD criteria and procedures have been codified in the General Agreement on Tariffs and Trade and its successor, the World Trade Organization. AD's...
Persistent link: https://www.econbiz.de/10013015097