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Transition Problems in Economic Reform: Agriculture in the North American Free Trade Agreement

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  • Levy, Santiago
  • van Wijnbergen, Sweder

Abstract

How fast should Mexican agriculture be incorporated into the North American Free Trade Agreement? The authors focus on the implications for policy design of the absence of efficient capital markets on the welfare costs of reforming gradually, on incentive problems created by trade adjustment policies, and on the redistributive aspects of policy reform--all transitional problems that arise in most economic reforms. A key consideration is that adjustment should focus on increasing the value of the assets owned by the groups affected and not on direct income transfers or programs targeted on characteristics controlled by the beneficiaries. Copyright 1995 by American Economic Association.

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Bibliographic Info

Article provided by American Economic Association in its journal American Economic Review.

Volume (Year): 85 (1995)
Issue (Month): 4 (September)
Pages: 738-54

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Handle: RePEc:aea:aecrev:v:85:y:1995:i:4:p:738-54

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Cited by:
  1. repec:gua:wpaper:ec200501 is not listed on IDEAS
  2. Anderson, James E., 1997. "Revenue Neutral Trade Reform with Many Households, Quotas and Tariffs," Seminar Papers 626, Stockholm University, Institute for International Economic Studies.
  3. Daniel Chiquiar, 2004. "Globalization, Regional Wage Differentials and the Stolper-Samuelson Theorem: Evidence from México," Working Papers 2004-06, Banco de México.
  4. Jensen, Jesper & Tarr, David G., 2012. "Deep trade policy options for Armenia: The importance of trade facilitation, services and standards liberalization," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy, vol. 6(1), pages 1-54.
  5. Jensen, Jesper & Tarr, David G., 2010. "Regional trade policy options for Tanzania : the importance of services commitments," Policy Research Working Paper Series 5481, The World Bank.
  6. Beghin, John & Dessus, Sebastien & Roland-Holst, David & van der Mensbrugghe, Dominique, 1997. "The trade and environment nexus in Mexican agriculture. A general equilibrium analysis," Agricultural Economics, Blackwell, vol. 17(2-3), pages 115-131, December.
  7. James E. Anderson, 1999. "Trade Reform Diagnostics with Many Households, Quotas, and Tariffs," Boston College Working Papers in Economics 417, Boston College Department of Economics, revised 03 May 2000.
  8. Roberto A. De Santis, 2001. "The 1990 Trade Liberalisation Policy of Turkey: An Applied General Equilibrium Assessment," International Economic Journal, Taylor & Francis Journals, vol. 15(2), pages 115-132, June.
  9. Femenia, Fabienne & Gohin, Alexandre, 2010. "On The Optimal Implementation Of Agricultural Policy Reforms," Proceedings Issues, 2010: Climate Change in World Agriculture: Mitigation, Adaptation, Trade and Food Security, June 2010, Stuttgart- Hohenheim, Germany 91285, International Agricultural Trade Research Consortium.
  10. Salvator Nkunzimana & H. Alan Love & C. Richard Shumway, 2003. "Mexican agricultural trade under the GATT," Applied Economics, Taylor & Francis Journals, vol. 35(4), pages 449-459.
  11. Spiros Bougheas & Douglas R. Nelson, 2012. "On the Political Economy of High Skilled Migration and International Trade," CESifo Working Paper Series 3880, CESifo Group Munich.
  12. James Boyce, . "The Globalization of Market Failure? International Trade and Sustainable Agriculture," Published Studies ps3, Political Economy Research Institute, University of Massachusetts at Amherst.
  13. James Boyce, 1996. "Ecological Distribution, Agricultural Trade Liberalization, and In Situ Genetic Diversity," Published Studies ps14, Political Economy Research Institute, University of Massachusetts at Amherst.
  14. Beetsma, Roel M.W.J. & Debrun, Xavier, 2007. "The new stability and growth pact: A first assessment," European Economic Review, Elsevier, vol. 51(2), pages 453-477, February.
  15. Weiss, Eli & Rosenblatt, David, 2010. "Regional economic growth in Mexico : recent evolution and the role of governance," Policy Research Working Paper Series 5369, The World Bank.
  16. Robert Shelburne, 2006. "A Utilitarian Welfare Analysis of Trade Liberalization," ECE Discussion Papers Series 2006_4, UNECE.

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