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- W2032751573 abstract "Abstract A dynamic computable general is developed to analyze the effects of different phase-in rates of the Canada–US and North American Free Trade Agreements on their member countries, as well as the impact on the rest of their trading partners. The model is based on intertemporal optimization behavior of households and firms with fully specified countries/regions in which all prices and quantities are endogenously determined. I show that the size and the distribution of the welfare gains from these trade agreements are quite sensitive to the speed of trade liberalization. In particular, I find as a general rule that smaller member countries are better off under a more rapid phase-out of trade barriers, while larger member countries/regions are better off under a slower phase-out." @default.
- W2032751573 created "2016-06-24" @default.
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- W2032751573 date "2001-11-01" @default.
- W2032751573 modified "2023-09-27" @default.
- W2032751573 title "Should trade barriers be phased-out slowly? A case study of North America" @default.
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- W2032751573 doi "https://doi.org/10.1016/s0161-8938(01)00092-8" @default.
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