Developing countries and the gains from regionalism: links between trade and farm policy reforms in Mexico

We use a multi‐country computable general equilibrium (CGE) model with agricultural policy details to simulate the effects of North American Free Trade Agreement (NAFTA). We find that Mexico gains from NAFTA only when it also removes domestic distortions in agriculture. In that case, agriculture can...

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Detalles Bibliográficos
Autores principales: Burfisher, Mary E., Thierfelder, Karen, Robinson, Sherman
Formato: Journal Article
Lenguaje:Inglés
Publicado: Blackwell Publishers 2002
Materias:
Acceso en línea:https://hdl.handle.net/10568/155721
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author Burfisher, Mary E.
Thierfelder, Karen
Robinson, Sherman
author_browse Burfisher, Mary E.
Robinson, Sherman
Thierfelder, Karen
author_facet Burfisher, Mary E.
Thierfelder, Karen
Robinson, Sherman
author_sort Burfisher, Mary E.
collection Repository of Agricultural Research Outputs (CGSpace)
description We use a multi‐country computable general equilibrium (CGE) model with agricultural policy details to simulate the effects of North American Free Trade Agreement (NAFTA). We find that Mexico gains from NAFTA only when it also removes domestic distortions in agriculture. In that case, agriculture can generate allocative efficiency gains large enough to offset the terms of trade losses that arise because Mexico has higher initial tariffs than its NAFTA partners. When an RTA forces a developing country to reform its domestic distortions that are linked to trade restrictions, it becomes a building block toward multilateralism.
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spelling CGSpace1557212024-10-24T12:42:28Z Developing countries and the gains from regionalism: links between trade and farm policy reforms in Mexico Burfisher, Mary E. Thierfelder, Karen Robinson, Sherman mexico trade policies agricultural policies We use a multi‐country computable general equilibrium (CGE) model with agricultural policy details to simulate the effects of North American Free Trade Agreement (NAFTA). We find that Mexico gains from NAFTA only when it also removes domestic distortions in agriculture. In that case, agriculture can generate allocative efficiency gains large enough to offset the terms of trade losses that arise because Mexico has higher initial tariffs than its NAFTA partners. When an RTA forces a developing country to reform its domestic distortions that are linked to trade restrictions, it becomes a building block toward multilateralism. 2002-08 2024-10-24T12:42:28Z 2024-10-24T12:42:28Z Journal Article https://hdl.handle.net/10568/155721 en Limited Access Blackwell Publishers Burfisher, Mary E.; Thierfelder, Karen; Robinson, Sherman. 2002. Developing countries and the gains from regionalism: links between trade and farm policy reforms in Mexico. American Journal of Agricultural Economics 84(3): 736-748. https://doi.org/10.1111/1467-8276.00331
spellingShingle mexico
trade policies
agricultural policies
Burfisher, Mary E.
Thierfelder, Karen
Robinson, Sherman
Developing countries and the gains from regionalism: links between trade and farm policy reforms in Mexico
title Developing countries and the gains from regionalism: links between trade and farm policy reforms in Mexico
title_full Developing countries and the gains from regionalism: links between trade and farm policy reforms in Mexico
title_fullStr Developing countries and the gains from regionalism: links between trade and farm policy reforms in Mexico
title_full_unstemmed Developing countries and the gains from regionalism: links between trade and farm policy reforms in Mexico
title_short Developing countries and the gains from regionalism: links between trade and farm policy reforms in Mexico
title_sort developing countries and the gains from regionalism links between trade and farm policy reforms in mexico
topic mexico
trade policies
agricultural policies
url https://hdl.handle.net/10568/155721
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