The 1988 Canada-United States Free Trade Agreement: A Dynamic General Equilibrium Evaluation of the Transition Effects
AbstractThe Canada America Free Trade Agreement is to be phased in over a ten year period, which began in January 1, 1989. The most significant element is the phased-in reduction of tariffs on bilateral trade, plus the removal of some significant non-tariff barriers. This paper reports some estimates of the transition effect of the agreement using a sequenced general equilibrium model incorporating imperfect competition, and some labour market rigidities. Entry and exit dynamics are also explicitly modelled. The results suggest that it is important in applied policy analysis to pay attention to adjustment and dynamics.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by Queen's University, Department of Economics in its series Working Papers with number 744.
Length: 55 pages
Date of creation: 1989
Date of revision:
free trade ; international trade ; economic equilibrium ; tariffs;
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- J. David Richardson, 1990. "Empirical Research on Trade Liberalization With Imperfect Competition: A Survey," NBER Working Papers 2883, National Bureau of Economic Research, Inc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mark Babcock).
If references are entirely missing, you can add them using this form.