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Book Border Effects Within the NAFTA Countries

Download or read book Border Effects Within the NAFTA Countries written by John H. Rogers and published by . This book was released on 2001 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Using consumer price indexes from cities in the U.S., Canada and Mexico, we estimate the "border effect" on U.S.-Mexican relative prices and find that it is nearly an order of magnitude larger than for U.S.-Canadian prices. However, during a very stable sub-period in Mexico (May 1988 to November 1994), the "width" of the U.S.-Mexican border falls dramatically and becomes approximately equal to the U.S.-Canadian border. We then show that when consideration is limited to cities lying geographically very close to the U.S.-Mexican border--San Diego, Los Angeles, Houston, Dallas, Tijuana, Mexicali, Juarez, and Matamoros--the border width falls compared to that estimated with the full sample of U.S. and Mexican cities, but falls only very slightly. We also present evidence that the border effect in U.S.-Mexican prices is not primarily due to the border effect in U.S.-Mexican wages. Finally, using the prices of 276 highly dis-aggregated goods and services, we estimate the variability of relative prices of different items within Mexican cities. This measure of relative price variability declines during the stable peso sub-period, but by less than the decline in nominal and real (i.e., CPI-based) exchange rate variability. Our results are strong evidence of a "nominal border effect" in relative prices within NAFTA, but also indicate that real side influences are important."

Book Border Effects Within the NAFTA Countries

Download or read book Border Effects Within the NAFTA Countries written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Federal Reserve Board presents the full text of an article entitled "Border Effects Within the NAFTA Countries," by John H. Rogers and Hayden P. Smith and published March 2001. The article discusses the border effect on United States-Mexican relative prices and United States-Canadian prices in relation to the North American Free Trade Agreement (NAFTA).

Book Drawing Lines in Sand and Snow

Download or read book Drawing Lines in Sand and Snow written by Condon and published by Routledge. This book was released on 2016-09-16 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important book addresses the major issues facing the North American continent: security, economic integration, border management, corruption, and illegal migration.

Book Cross Border Trade and Investmant with Mexico

Download or read book Cross Border Trade and Investmant with Mexico written by Philip T Von Mehren and published by Martinus Nijhoff Publishers. This book was released on 2023-11-27 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: A penetrating study of the impact of NAFTA on Mexico's economic development, this is the only in-depth comparison of Mexican trade law before and after NAFTA, and of how considerations of trade with Mexico altered the provisions (from the earlier Canada-U.S. Free Trade Agreement and the GATT) that formed the basis of the new trilateral project. Mr. von Mehren's book is a point of departure not only for understanding and applying the trade law common to North America but for assessing the likely course of historic negotiations still to come. Published under the Transnational Publishers imprint.

Book Benefits and Costs of Regional Integration  The Impact of NAFTA on the Mexican Economy

Download or read book Benefits and Costs of Regional Integration The Impact of NAFTA on the Mexican Economy written by Karl-Guenther Illing and published by GRIN Verlag. This book was released on 2004-04-20 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diploma Thesis from the year 2004 in the subject Economics - Foreign Trade Theory, Trade Policy, grade: 1,3 (A), European Business School - International University Schloß Reichartshausen Oestrich-Winkel (Economic Policy and Political Economy), language: English, abstract: In January 1994, after two and a half years of negotiation, the North American Free Trade Agreement (NAFTA) came into force. The treaty between Canada, Mexico and the United States has created the largest economic area in the world, slightly surpassing the European Union in market size. But NAFTA is also outstanding in a second aspect: it has constituted the first major regional integration arrangement between two highly developed countries, the United States and Canada, and a developing country, Mexico. The North-South nature of North American integration has polarized the debate about NAFTA from the earliest stage on. On the one hand it was unclear how much the U.S. would gain from the agreement. Would it stabilize its southern neighbor and thus benefit the U.S. economically and politically? Or would it cause the “giant sucking sound” Ross Perot feared, drawing thousands of jobs from the U.S. over the border (Thorbecke/Eigen-Zucchi 2002, p. 648)? Regarding these concerns, Canada was at most a side-player, possessing neither intense trade relations nor geographical proximity to Mexico. Mexico’s gains from NAFTA, on the other hand, seemed even more unsure. The agreement’s effects on the southern member state, whether positive or negative, were expected to be unequally greater than on the U.S. On the one hand, it seemed, Mexico could gain immensely through improved access to the North American market, increasing trade, attracting foreign investment, and importing growth and stability. On the other hand, some trade economists, such as Arvind Panagaria (1996, pp. 512-513) warned that Mexico could only lose when opening its market to its powerful northern neighbors, while receiving little in return that it would not have obtained anyway. Furthermore, would Mexico’s move towards regional integration hamper any further step into the direction of multilateral opening, after promising reforms had been started in the mid-1980s? Concerns also regarded the adverse effects of NAFTA within Mexico. These centered around large adjustment costs from sectoral restructuring and resource reallocation. This would occur if inefficient, partly subsidized Mexican industries declined after removing tariffs and non-tariff barriers, allowing the North American competition to enter the national market. In addition, would this hit mostly those Mexican regions that were poor anyway?

Book Labor Market Issues along the U S  Mexico Border

Download or read book Labor Market Issues along the U S Mexico Border written by Marie T. Mora and published by University of Arizona Press. This book was released on 2022-04-12 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Five million workers are employed in a variety of settings along the U.S.–Mexico border, yet labor market outcomes on each side often differ. U.S. workers tend to have low earnings and high unemployment compared with the rest of the country, while workers on the Mexican side of the border are often more prosperous than those in the interior. This book sheds new light on these socioeconomic differentials, along with other labor market issues affecting both sides of the border. The contributors take up issues that dominate the current discourse— migration, trade, gender, education, earnings, and employment. They analyze labor conditions and their relationship to immigration, and also provide insight into income levels and population concentrations, the relative prosperity of Mexico’s border region, and NAFTA’s impact on trade and living conditions. Drawing on demographic, economic, and labor data, the chapters treat topics ranging from historical context to directions for future research. They cover the importance of trade to both the United States and Mexico, salary differentials, the determinants of wages among Mexican immigrant women on the U.S. side, and the net effect of Mexican migration on the public coffers in U.S. border states. The book’s concluding policy prescriptions are geared toward improving conditions on the U.S. side without dampening the success of workers in Mexico. Written to be equally accessible to social scientists, policy makers, and concerned citizens, this book deals with issues often overlooked in national policy discussions and can help readers better understand real-life conditions along the border. It dispels misconceptions regarding labor interdependence between the two countries while offering policy recommendations useful for improving the economic and social well-being of border residents.

Book The Rebordering of North America

Download or read book The Rebordering of North America written by Peter Andreas and published by Routledge. This book was released on 2014-05-12 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S.-Mexico and U.S.-Canada borders are the two busiest land crossings in the world. Canada and the United States are each other's largest trading partners and Mexico is America's second largest trading partner with trade between the two nations more than tripling since the start of NAFTA. The many immediate ripple effects of the terrorist attacks on the World Trade Center and the Pentagon included a dramatic tightening of North American border controls and a hardening of the policy discourse about cross-border flows. This is the first book that explores the implications of September 11th and the new war on terrorism for border controls, cross-border relations, and economic integration in North America. The volume makes a unique contribution to important scholarly and policy discussions over the meaning and management of borders in an increasingly borderless (regional and global) economy, and adds fuel to broader debates over the changing nature of borders and territorial politics in a radically transformed security environment.

Book Knowledge Borders

Download or read book Knowledge Borders written by Kathrine E. Richardson and published by Edward Elgar Publishing. This book was released on 2017-04-28 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Key sections of the North American Free Trade Agreement (NAFTA) deal with temporary labor mobility. Ideally, NAFTA status provisions should make the temporary movement of professionals easier across the border of all NAFTA countries. However, in the case of some key sectors, it is arguably not the case. Within the context of recent literature on cross-border trade, city regions, regionalism, international labor mobility, and post-September 11 security measures, this book probes the dynamics of transitory immigration of ‘knowledge-workers’ between the North American west coast city regions of Vancouver, Seattle, and the greater San Francisco Bay and Silicon Valley area. This book includes in-depth interviews with Canadian and US immigration officials, immigration attorneys and executives and professional staff of new technology firms and Fortune 500 companies. It ultimately explores whether or not the Canada–US border is an impediment to the development of a cross-border high-tech clusters.

Book A Path Forward for NAFTA

Download or read book A Path Forward for NAFTA written by C. Fred Bergsten and published by Peterson Institute for International Economics. This book was released on 2017-07-31 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: The North American Free Trade Agreement (NAFTA) ranks at the top of anyone’s list of the most controversial trade deals of all time. Reviled by critics as unfair and as a job destroyer, praised by its defenders as having a documented record of success in spurring economic growth, NAFTA reduced tariff barriers to zero for the United States, Mexico, and Canada and led to a tripling of trade among these three countries over the last 23 years. The Peterson Institute for International Economics (PIIE) has abundantly detailed the many gains and acknowledged costs of NAFTA in numerous publications. Now that President Donald Trump has launched a renegotiation of NAFTA—having at least for the moment abandoned his 2016 campaign pledge to cancel the pact outright—the fundamental question is: Can such a renegotiation produce a positive result? A broad range of experts who have contributed to this PIIE Briefing say “yes.” The new negotiations can succeed only if they focus on how the agreement can be updated and upgraded, however. NAFTA can be modernized only if President Trump’s zero-sum “America First” agenda is replaced by one that seeks to benefit all three countries and improve their competitiveness in an increasingly competitive global economy. Prioritizing American interests is of course essential in any US trade negotiation. But an obsessive concern about bilateral trade balances and narrow special interests in the United States, as opposed to broader national and regional interests, would not only deadlock the negotiations but also likely lead to inferior outcomes for all three countries, or even a breakdown in the talks and an abrogation of the agreement. And walking away from NAFTA altogether would be disastrous for consumers, producers, and retailers in the United States. As argued in several chapters of this Briefing, abandoning NAFTA would degrade regional competitiveness and terminate jobs across North America, undoing the integration achieved since the agreement’s inception.

Book NAFTA to USMCA  What is Gained

Download or read book NAFTA to USMCA What is Gained written by Mary E. Burfisher and published by International Monetary Fund. This book was released on 2019-03-26 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States – Mexico – Canada Agreement (USMCA) was signed on November 30, 2018 and aims to replace and modernize the North-American Free Trade Agreement (NAFTA). This paper uses a global, multisector, computable-general-equilibrium model to provide an analytical assessment of five key provisions in the new agreement, including tighter rules of origin in the automotive, textiles and apparel sectors, more liberalized agricultural trade, and other trade facilitation measures. The results show that together these provisions would adversely affect trade in the automotive, textiles and apparel sectors, while generating modest aggregate gains in terms of welfare, mostly driven by improved goods market access, with a negligible effect on real GDP. The welfare benefits from USMCA would be greatly enhanced with the elimination of U.S. tariffs on steel and aluminum imports from Canada and Mexico and the elimination of the Canadian and Mexican import surtaxes imposed after the U.S. tariffs were put in place.

Book Ethical Borders

Download or read book Ethical Borders written by Bill Ong Hing and published by Temple University Press. This book was released on 2010-04-16 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his topical new book, Ethical Borders, Bill Ong Hing asks, why do undocumented immigrants from Mexico continue to enter the United States and, what would discourage this surreptitious traffic? An expert on immigration law and policy, Hing examines the relationship between NAFTA, globalization, and undocumented migration, and he considers the policy options for controlling immigration. He develops an ethical rationale for opening up the U.S./Mexican border, as well as improving conditions in Mexico so that its citizens would have little incentive to migrate. In Ethical Borders Hing insists that reforming NAFTA is vital to ameliorating much of the poverty that drives undocumented immigration and he points to the European Union's immigration and economic development policies as a model for North America. Hing considers the world-wide economic crisis and the social problems that attend labor migration into homogenous countries, arguing for a spectrum of changes, including stricter border enforcement and more effective barriers; a path to citizenship for undocumented migrants; or a guest worker program. Hing also situates NAFTA and its effects in the larger, and rapidly shifting, context of globalization—particularly the recent rise of China as the world's economic giant. Showing how NAFTA’s unforeseen consequences have been detrimental to Mexico, Hing passionately argues that the United States is ethically bound to address the problems in a way that puts prosperity within the grasp of all North Americans.

Book III   The U S  Mexican Border Economy   in the NAFTA Era

Download or read book III The U S Mexican Border Economy in the NAFTA Era written by and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: However, due to the many asymmetries in the collection and availability of data between the United States and Mex- ico, different variables and time periods were frequently used to describe demographic and economic patterns on the two sides of the border. [...] Therefore, it was decided to exam- ine the published data and existing studies on the region's changing population and employment patterns in order to better understand the performance and structural changes of the border region economy during the NAFTA era.6 Due to the lack of data for the years since 1995, especially in Mexi- co, the NAFTA era has been loosely defined, depending on data avail- a. [...] The Changing Mexican Border Region in the 1990s Table 3 gives an overview of the effects of NAFTA on the Mexican side of the border by comparing certain aspects of economic development with the country as a whole. [...] During the NAFTA era (1994-2000), the situation in the border region improved somewhat as the proportion earning less than the minimum wage dropped to less than 10%; however, at the national level The U. [...] For instance, in Baja California, the proportion of employment in both agriculture and industry is two times higher than in Coahuila; the proportion employed in services in Chihuahua is higher than the level found in Tamaulipas and Sonora; and the proportion of employment in industry in Nuevo León is higher than the level found for the border region as a whole.

Book Cross Border Trade and Investment with Mexico

Download or read book Cross Border Trade and Investment with Mexico written by Philip T. Von Mehren and published by Brill Nijhoff. This book was released on 1997 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: A penetrating study of the impact of NAFTA on Mexico's economic development, this is the only in-depth comparison of Mexican trade law before and after NAFTA, and of how considerations of trade with Mexico altered the provisions (from the earlier Canada-U.S. Free Trade Agreement and the GATT) that formed the basis of the new trilateral project. Mr. von Mehren's book is a point of departure not only for understanding and applying the trade law common to North America but for assessing the likely course of historic negotiations still to come. Published under the Transnational Publishers imprint.

Book Public Hearing

    Book Details:
  • Author : California. Legislature. Senate. Select Committee on the Legislature's Role in Global Trade Policy
  • Publisher :
  • Release : 2000
  • ISBN :
  • Pages : 104 pages

Download or read book Public Hearing written by California. Legislature. Senate. Select Committee on the Legislature's Role in Global Trade Policy and published by . This book was released on 2000 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book U S  Mexican Economic Integration

Download or read book U S Mexican Economic Integration written by John Bailey and published by Lyndon B. Johnson, School of Public Affairs. This book was released on 2001 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: US and Mexican researchers in political science and economics began a research project with an April 1997 workshop at Georgetown University. Recognizing that the North American Free Trade Agreement is too recent, and the lack of a generally accepted theory of integration currently prevented an interpretive synthesis of its effects, they have assembled some descriptive studies that could contribute to such a synthesis when it does become possible. The ten studies cover society, economy, and demography; and government, politics, and public opinion. They are not indexed. Annotation copyrighted by Book News, Inc., Portland, OR

Book Study on the Operation and Effects of the North American Free Trade Agreement

Download or read book Study on the Operation and Effects of the North American Free Trade Agreement written by United States. President (1993-2001 : Clinton) and published by . This book was released on 1997 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: