The Review of Economic Studies· 2014Q1
Estimates of the Trade and Welfare Effects of NAFTA
- 1,430citations
- Q1SCImago
- 2014year
Short summary
NAFTA tariff reductions increased Mexico's welfare by 1.31% and U.S. welfare by 0.08%, while Canada's declined 0.06%, according to a Ricardian model incorporating sectoral linkages and intermediate goods.
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General Economics, Econometrics and FinanceEconomics, Econometrics and Finance