No trans-pacific partnership? Good or bad for Mexico?

IF 1 Q2 LAW

Journal of International Trade Law and Policy Pub Date : 2017-07-26 DOI:10.1108/JITLP-10-2016-0027

G. Valverde, M. Latorre

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引用次数: 8

Abstract

Purpose The purpose of this paper is as follows: first, it aims to explain the overall economic implications of the trans-pacific partnership (TPP). Second, it aims to provide an in-depth analysis of the TPP’s quantitative impact on an upper-middle economy such as Mexico, as well as on the USA. Design/methodology/approach The analysis is performed using a computable general equilibrium (CGE) model. Findings The results suggest that in the short run, both Mexico and the USA would slightly benefit from the TPP. Tariff reductions would lead to less bilateral trade between Mexico and the USA and the stronger integration of both countries with the rest of the TPP members. The opposite is true after a decrease in non-tariff barriers (NTBs). Overall, in terms of the impact on Mexico, trade integration with the rest of the TPP members prevails. This suggests that a TPP without the USA could still be beneficial. Originality/value Previous studies on the TPP have mainly focused on its impact for the USA, which is also analysed in the present study. The effects of the TPP are estimated for a broad set of micro and macroeconomic variables, paying particular attention to the reductions of NTBs.

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没有跨太平洋伙伴关系？对墨西哥来说是好是坏？

目的本文的目的如下：首先，旨在解释跨太平洋伙伴关系（TPP）的总体经济影响。其次，它旨在深入分析TPP对墨西哥等中上经济体以及美国的量化影响。设计/方法/方法使用可计算一般均衡（CGE）模型进行分析。研究结果表明，从短期来看，墨西哥和美国都将从TPP中略微受益。关税削减将减少墨西哥和美国之间的双边贸易，并加强两国与TPP其他成员国的一体化。非关税壁垒减少后情况正好相反。总体而言，就对墨西哥的影响而言，与TPP其他成员国的贸易一体化占主导地位。这表明，没有美国的TPP仍然是有益的。原创性/价值以往关于TPP的研究主要集中在其对美国的影响上，本研究也对其进行了分析。TPP的影响是针对一系列微观和宏观经济变量进行估计的，特别关注非关税壁垒的减少。

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

Journal of International Trade Law and Policy LAW-

CiteScore

1.10

自引率

11.10%

发文量

期刊介绍： The Journal of International Trade Law and Policy is a peer reviewed interdisciplinary journal with a focus upon the nexus of international economic policy and international economic law. It is receptive, but not limited, to the methods of economics, law, and the social sciences. As scholars tend to read individual articles of particular interest to them, rather than an entire issue, authors are not required to write with full accessibility to readers from all disciplines within the purview of the Journal. However, interdisciplinary communication should be fostered where possible. Thus economists can utilize quantitative methods (including econometrics and statistics), while legal scholars and political scientists can invoke specialized techniques and theories. Appendices are encouraged for more technical material. Submissions should contribute to understanding international economic policy and the institutional/legal architecture in which it is implemented. Submissions can be conceptual (theoretical) and/or empirical and/or doctrinal in content. Topics of interest to the Journal are expected to evolve over time but include: -All aspects of international trade law and policy -All aspects of international investment law and policy -All aspects of international development law and policy -All aspects of international financial law and policy -Relationship between economic policy and law and other societal concerns, including the human rights, environment, health, development, and national security