Advanced Search
MyIDEAS: Login to save this paper or follow this series

Economic Consequences of Statehood for Puerto Rico - A General Equilibrium Analysis

Contents:

Author Info

  • Glenn Jenkins

    ()
    (Queen's University, Kingston, On, Canada)

  • NAZRUL ISLAM

    (Department of Economics, Emory University)

Abstract

It has been quite some time that Puerto Ricans have been debating the status issue. Put simply, it is the issue of appropriate political arrangement between the island and the mainland USA. There are basically three status options to consider, namely (a) statehood, (b) commonwealth, and (c) independence. The question of right political status is indeed a difficult and complicated question. It has many facets: political, economic, cultural, etc. It is therefore no wonder that, despite several referendums, no broad agreement on the status issue has yet emerged. Among different dimensions of the status question, the one that is of foremost importance is economic. It is also possible to be more objective with regard to the economic aspect than with regard to other aspects. Hence, if agreement is possible with regard to any particular aspect of the status issue, it should be regarding the economic aspect. Agreement on the economic aspect may also lead to agreement on other aspects of the status debate. This provides the motivation for this paper. It hopes to contribute to a better understanding of the economic consequences of statehood for Puerto Rico. In this paper, we carry the study of economic consequences of statehood for the Puerto Rican economy one step forward. In order to do so, we construct a computable general equilibrium (CGE) model for the Puerto Rican economy and use this model to study the question. Our broad conclusion is that the results presented by CBO were bleaker than truly warranted.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.queensjdiexec.org/publications/qed_dp_171.pdf
Download Restriction: no

Bibliographic Info

Paper provided by JDI Executive Programs in its series Development Discussion Papers with number 1998-06.

as in new window
Length: 38 pages
Date of creation: Dec 1998
Date of revision:
Handle: RePEc:qed:dpaper:171

Contact details of provider:
Postal: Kingston, Ontario, K7L 3N6
Phone: (613) 533-2250
Fax: (613) 533-6668
Email:
Web page: http://qed.econ.queensu.ca/
More information through EDIRC

Related research

Keywords: Puerto Rico; general equilibrium; statehood;

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Dutta, M & Su, V, 1969. "An Econometric Model of Puerto Rico," Review of Economic Studies, Wiley Blackwell, vol. 36(107), pages 319-33, July.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:qed:dpaper:171. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bahman Kashi).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.