Tratado de Libre Comercio Entre Chile y Estados Unidos: Revisión de Estudios que Cuantifican su Impacto
This paper describes the results of some general equilibrium models regarding the impact of the free trade agreement between Chile and the United States on Chile’s GDP growth. The review of the research studies suggests that the biggest benefits from the agreement come from scenarios not directly related to trade, such as increased foreign investment and reduced country risk, and from a variety of time-dynamic sources such as improved resource allocation, reduced transaction costs, improved predictability in government policies, among others.
|Date of creation:||Nov 2003|
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- Brown, D.K., 1992. "The Impact of a North American Free Trade Area: Applied General Equilibrium Models," Working Papers 311, Research Seminar in International Economics, University of Michigan.
- Roland-Holst, David & Reinert, Kenneth A. & Shiells, Clinton R., 1994. "NAFTA liberalization and the role of nontariff barriers," The North American Journal of Economics and Finance, Elsevier, vol. 5(2), pages 137-168.
- Harrison, Glenn W. & Rutherford, Thomas F. & Tarr, David G., 1997. "Trade policy options for Chile : a quantitative evaluation," Policy Research Working Paper Series 1783, The World Bank.
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