The Economic Effects On Nafta Of Trans-Atlantic Free Trade Agreements
This paper investigates the effects of a bilateral free trade agreement between Canada and the European Union and the effects of a free trade agreement between the European Union and NAFTA on various trade related variables in NAFTA countries, the European Union , and other countries. The paper primarily relies on the Global Trade Analysis Project(GTAP) model and database, version 7. Two policy experiments are considered : 1) Elimination of all tariffs and export subsidies for all goods and services involving Canada and the European Union; and 2) Elimination of all tariffs and export subsidies for all goods and services involving NAFTA countries and the European Union. The main findings are : 1) A Canada-EU free trade deal will increase the economic welfare in Canada and the European Union with adverse effects on other regions, notably the United States and 2) a NAFTA-EU free trade agreement will increase the economic welfare of the United States and the European Union but reduce that of Canada, Mexico and other regions notably, China.
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.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 11 (2011)
Issue (Month): 1 ()
|Contact details of provider:|| Web page: http://www.usc.es/economet/eaa.htm|
|Order Information:|| Web: http://www.usc.es/economet/info.htm Email: |
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.:
- Nathan S. Balke & Robert J. Gordon, 1986. "The Estimation of Prewar GNP Volatility, 1869-1938," NBER Working Papers 1999, National Bureau of Economic Research, Inc.
- John Whalley, 1998.
"Why Do Countries Seek Regional Trade Agreements?,"
in: The Regionalization of the World Economy, pages 63-90
National Bureau of Economic Research, Inc.
- Ibarra-Yunez, Alejandro, 2003.
"Spaghetti regionalism or strategic foreign trade: some evidence for Mexico,"
Journal of Development Economics,
Elsevier, vol. 72(2), pages 567-584, December.
- Alejandro Ibarra-Yunez, 2003. "Spaghetti Regionalism or Strategic Foreign Trade: Some Evidence for Mexico," NBER Working Papers 9692, National Bureau of Economic Research, Inc.
- Thomas L. Vollrath & Mark J. Gehlhar & Charles B. Hallahan, 2009. "Bilateral Import Protection, Free Trade Agreements, and Other Factors Influencing Trade Flows in Agriculture and Clothing," Journal of Agricultural Economics, Wiley Blackwell, vol. 60(2), pages 298-317.
- Fabienne Femenia & Alexandre Gohin, 2009. "On the European Responsibility in the Agricultural Multilateral Trade Negotiations: Modelling the Impacts of the Common Agricultural Policy," The World Economy, Wiley Blackwell, vol. 32(10), pages 1434-1460, October.
- Jayant Menon, 2009. "Dealing with the Proliferation of Bilateral Free Trade Agreements," The World Economy, Wiley Blackwell, vol. 32(10), pages 1381-1407, October.
When requesting a correction, please mention this item's handle: RePEc:eaa:aeinde:v:11:y:2011:i:1_7. 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: (M. Carmen Guisan)
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.