Trade (dis)integration: the sudden death of NAFTA
Research output: Contribution to journal › Article › peer-review
This paper uses a structural PVAR model to study the macroeconomic effects of trade disintegration among NAFTA members. The results reveal substantial asymmetric responses, showing that the US is the most affected economy from a sudden negative trade integration shock. Moreover, Canada and the US are found to be relatively more interconnected with each other compared to the Mexican economy. Our findings question the US decision to push for the renegotiation of the NAFTA agreement.
| Original language | English |
|---|---|
| Number of pages | 13 |
| Journal | Open Economies Review |
| Early online date | 17 Dec 2019 |
| DOIs | |
| Publication status | Early online - 17 Dec 2019 |
Documents
- Bakas2019_Article_TradeDisIntegrationTheSuddenDe
Final published version, 1.53 MB, PDF document
Licence: CC BY
Related information
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