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Trade (dis)integration: the sudden death of NAFTA

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Trade (dis)integration: the sudden death of NAFTA. / Bakas, Dimitrios; Jackson, Karen; Magkonis, Georgios.

In: Open Economies Review, 17.12.2019.

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Bakas, Dimitrios ; Jackson, Karen ; Magkonis, Georgios. / Trade (dis)integration: the sudden death of NAFTA. In: Open Economies Review. 2019.

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@article{a9f26bdeb1d9474faf10b0cb1000575e,
title = "Trade (dis)integration: the sudden death of NAFTA",
abstract = "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. ",
keywords = "NAFTA, Panel VAR, Trade Integration",
author = "Dimitrios Bakas and Karen Jackson and Georgios Magkonis",
year = "2019",
month = dec
day = "17",
doi = "10.1007/s11079-019-09567-1",
language = "English",
journal = "Open Economies Review",
issn = "0923-7992",
publisher = "Springer Nature",

}

RIS

TY - JOUR

T1 - Trade (dis)integration: the sudden death of NAFTA

AU - Bakas, Dimitrios

AU - Jackson, Karen

AU - Magkonis, Georgios

PY - 2019/12/17

Y1 - 2019/12/17

N2 - 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.

AB - 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.

KW - NAFTA

KW - Panel VAR

KW - Trade Integration

U2 - 10.1007/s11079-019-09567-1

DO - 10.1007/s11079-019-09567-1

M3 - Article

JO - Open Economies Review

JF - Open Economies Review

SN - 0923-7992

ER -

ID: 15801017