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Comments on key rules and principles of: (1) the Jordan-United States Bilateral Investment Treaty 1997, including those concerning most favoured nation treatment, free transfer of profits, the settlement of disputes, and qualifying industrial zones; and (2) the Jordan-United States Free Trade...
Persistent link: https://www.econbiz.de/10014184646
In "Fairness in Practice - A Social Contract for a Global Economy" (2012) Aaron James proposes a substantial normative framework for a theory of fairness in the global economy. Based on a distinctive methodology of interpretive constructivism, James argues for an internal justification of...
Persistent link: https://www.econbiz.de/10011763094
reductions under NAFTA, the results show that PCMs immediately decreased once the second round of trade liberalization in Mexico …
Persistent link: https://www.econbiz.de/10009786979
We investigate the response of US trucking firms to the removal of barriers to crossborder trucking under NAFTA. This was done via a program implemented in 2007, cancelled in 2009, and reinstated in 2011. We find that, unsurprisingly, the program's start resulted in lower stock returns,...
Persistent link: https://www.econbiz.de/10010467794
Canada, US$ 22 billion in Mexico, and US$ 40 billion in the United States. In contrast, annual combined losses would amount …
Persistent link: https://www.econbiz.de/10012911912
After 26 years of trading under the North American Free Trade agreement (NAFTA), Mexico and its North American partners … enter a new phase with the entry into force of United States-Mexico-Canada Agreement (USMCA) on 1 July 2020. This note … quantifies the potential impact of the agreement on Mexico and assesses its implications for Mexico’s economic development in the …
Persistent link: https://www.econbiz.de/10013249950
This paper examines the impact of trade liberalization under NAFTA on the productivity of the Mexican automobile industry. Using a panel of establishments for the period 1994-2014, in a first stage a Cobb-Douglas production function is estimated by the Levinsohn and Petrin's (2003) method (in an...
Persistent link: https://www.econbiz.de/10012597648
The Canada-United States-Mexico Agreement (CUSMA), as amended by the Protocol of Amendment signed December 10, 2019 … threshold for tax and duty-free entry into Canada and Mexico of low-value goods imports; and easing some barriers to services … GDP and welfare for all three parties, with Mexico being hardest hit and the United States the least. Canada's real GDP …
Persistent link: https://www.econbiz.de/10012848468
grew three times faster (15%) than in the previous six years. This remarkable showing has encouraged Mexico and other … abandonment of an erratic trade policy in favor of the opening up of the economy following the adherence of Mexico to the GATT …
Persistent link: https://www.econbiz.de/10014135234
In the presence of sunk costs to exporting, preferential tariff liberalization may have a prolonged, dynamic effect on the pattern of a beneficiary country's exports. In particular, preferential tariff liberalization might trigger a geographic spread of exports to third markets outside the...
Persistent link: https://www.econbiz.de/10014052025