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Aggregate and more micro data on trade between the U.S., Canada, and Mexico are used to attempt to assess the early effects of Mexican entry into NAFTA. Although the fraction of Mexican trade with the U.S. and Canada has risen sharply, a number of factors have contributed to this result. Mexican...
Persistent link: https://www.econbiz.de/10012471352
This paper assesses the long-run effects of the 1988 Canada-U.S. Free Trade Agreement (CUSFTA) on the Canadian labor market using matched longitudinal administrative data for the years 1984-2004. We simultaneously examine the labor market effects of increased export expansion and import...
Persistent link: https://www.econbiz.de/10012938762
We provide a quantitative assessment of both the aggregate and the distributional effects of revoking NAFTA using a multi-country, multi-sector, multi-factor model of world production and trade with global input-output linkages. Revoking NAFTA would reduce US welfare by about 0.2%, and Canadian...
Persistent link: https://www.econbiz.de/10012481027
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/10012462122
This paper identifies the effects of preferential trade agreements on trade volumes and prices using detailed trade and tariff data. It identifies demand elasticities by developing a difference in differences based method that exploits the fact that the additional wedge driven between...
Persistent link: https://www.econbiz.de/10012467628
of further judicial and structural reform after 1995. In fact, the benefits of liberalization can be seen in the …
Persistent link: https://www.econbiz.de/10012468405
One of the motivations for NAFTA from the US point of view was to reduce the" incentives for Mexican migration into the US. Unskilled rural males are a primary source of" illegal immigration and also Mexico's relatively abundant factor. This group should therefore" be made better off by trade...
Persistent link: https://www.econbiz.de/10012472579
This paper assesses the economic conditions for Asian countries to cope with the formation of EU and NAFTA. Is it desirable for them to form their own trading area? And, if desirable, is it better to have a closed one like the EAEC or a more open one like the APEC? Relying on public economics...
Persistent link: https://www.econbiz.de/10012473545
likely to happen by government decree. Instead, they usually come about when the unanimous blocking of reform by powerful … sustainability of reform depends on the existence of new groups that benefit from the new status quo and have enough power to defend … it. Thus, the speed of successful reform is determined by the speed with which new groups are consolidated. Initially …
Persistent link: https://www.econbiz.de/10012473548
disputes about Canadian exports of wheat and peanut butter. With these concessions, NAFTA results in essentially no reform of …
Persistent link: https://www.econbiz.de/10012474130