The impact of NAFTA on the United States

We describe the main economic arguments posed for and against the North American Free Trade Agreement (NAFTA) during the U.S. policy debate. To evaluate these arguments, we analyze recent trade data and survey post-NAFTA studies. We find that both the U.S. and Mexico benefit from NAFTA, with much la...

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Detalles Bibliográficos
Autores principales: Burfisher, Mary E., Robinson, Sherman, Thierfelder, Karen
Formato: Journal Article
Lenguaje:Inglés
Publicado: American Economic Association 2001
Materias:
Acceso en línea:https://hdl.handle.net/10568/156603
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author Burfisher, Mary E.
Robinson, Sherman
Thierfelder, Karen
author_browse Burfisher, Mary E.
Robinson, Sherman
Thierfelder, Karen
author_facet Burfisher, Mary E.
Robinson, Sherman
Thierfelder, Karen
author_sort Burfisher, Mary E.
collection Repository of Agricultural Research Outputs (CGSpace)
description We describe the main economic arguments posed for and against the North American Free Trade Agreement (NAFTA) during the U.S. policy debate. To evaluate these arguments, we analyze recent trade data and survey post-NAFTA studies. We find that both the U.S. and Mexico benefit from NAFTA, with much larger relative benefits for Mexico. NAFTA also has had little effect on the U.S. labor market. These results confirm the consensus opinion of economists at the time of the debate. Finally, studies find that trade creation greatly exceeds trade diversion in the region under NAFTA, especially in intermediate goods. -- Authors' Abstract
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spelling CGSpace1566032024-10-25T01:18:22Z The impact of NAFTA on the United States Burfisher, Mary E. Robinson, Sherman Thierfelder, Karen trade united states of america We describe the main economic arguments posed for and against the North American Free Trade Agreement (NAFTA) during the U.S. policy debate. To evaluate these arguments, we analyze recent trade data and survey post-NAFTA studies. We find that both the U.S. and Mexico benefit from NAFTA, with much larger relative benefits for Mexico. NAFTA also has had little effect on the U.S. labor market. These results confirm the consensus opinion of economists at the time of the debate. Finally, studies find that trade creation greatly exceeds trade diversion in the region under NAFTA, especially in intermediate goods. -- Authors' Abstract 2001-02-01 2024-10-24T12:44:46Z 2024-10-24T12:44:46Z Journal Article https://hdl.handle.net/10568/156603 en Limited Access application/pdf American Economic Association Burfisher, Mary E.; Robinson, Sherman; Thierfelder, Karen. 2001. The impact of NAFTA on the United States. Journal of Economic Perspectives 15(1): 125-144. https://doi.org/10.1257/jep.15.1.125
spellingShingle trade
united states of america
Burfisher, Mary E.
Robinson, Sherman
Thierfelder, Karen
The impact of NAFTA on the United States
title The impact of NAFTA on the United States
title_full The impact of NAFTA on the United States
title_fullStr The impact of NAFTA on the United States
title_full_unstemmed The impact of NAFTA on the United States
title_short The impact of NAFTA on the United States
title_sort impact of nafta on the united states
topic trade
united states of america
url https://hdl.handle.net/10568/156603
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