Is NAFTA Trade-Creating or Trade-Diverting? A System GMM Approach

IF 0.9 Q3 ECONOMICS

Economic Papers Pub Date : 2020-04-17 DOI:10.1111/1759-3441.12281

Yoon Heo, Nguyen Khanh Doanh

引用次数: 5

Abstract

This paper estimates the trade creation and trade diversion effects of the North American Free Trade Agreement (NAFTA) using a panel data set of 77 countries for the period 1989–2016. We found that the formation of NAFTA has resulted in both import trade creation and diversion. However, the magnitude of trade creation is higher than that of trade diversion. On the sectoral level, trade creation and diversion occur in both agricultural and non-agricultural imports, with trade creation exhibiting a higher magnitude. The magnitude of trade creation and diversion is found to be the highest for agricultural imports, which are followed by total and non-agricultural imports, respectively.

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北美自由贸易协定是贸易创造还是贸易转移?系统GMM方法

本文利用1989-2016年期间77个国家的面板数据集估计了北美自由贸易协定(NAFTA)的贸易创造和贸易转移效应。我们发现，北美自由贸易协定的形成既带来了进口贸易的创造，也带来了进口贸易的转移。然而，贸易创造的规模高于贸易转移的规模。在部门一级，农业和非农业进口都出现了贸易创造和转移，其中贸易创造的规模较大。农业进口的贸易创造和转移规模最高，其次是总进口和非农业进口。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Economic Papers ECONOMICS-

CiteScore

2.30

自引率

0.00%

发文量

期刊介绍： Economic Papers is one of two journals published by the Economics Society of Australia. The journal features a balance of high quality research in applied economics and economic policy analysis which distinguishes it from other Australian journals. The intended audience is the broad range of economists working in business, government and academic communities within Australia and internationally who are interested in economic issues related to Australia and the Asia-Pacific region. Contributions are sought from economists working in these areas and should be written to be accessible to a wide section of our readership. All contributions are refereed.