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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w18508 |
来源ID | Working Paper 18508 |
Estimates of the Trade and Welfare Effects of NAFTA | |
Lorenzo Caliendo; Fernando Parro | |
发表日期 | 2012-11-01 |
出版年 | 2012 |
语种 | 英语 |
摘要 | We build into a Ricardian model sectoral linkages, trade in intermediate goods, and sectoral heterogeneity in production to quantify the trade and welfare effects from tariff changes. We also propose a new method to estimate sectoral trade elasticities consistent with any trade model that delivers a multiplicative gravity equation. We apply our model and use our estimated elasticities to identify the impact of NAFTA's tariff reductions. We find that Mexico's welfare increases by 1.31%, U.S.'s welfare increases by 0.08%, and Canada's welfare declines by 0.06%. We find that intra-bloc trade increases by 118% for Mexico, 11% for Canada and 41% for the U.S. We show that welfare effects from tariff reductions are reduced when the structure of production does not take into account intermediate goods or input-output linkages. Our results highlight the importance of sectoral heterogeneity, intermediate goods and sectoral linkages for the quantification of the welfare gains from tariffs reductions. |
主题 | International Economics ; Trade |
URL | https://www.nber.org/papers/w18508 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576182 |
推荐引用方式 GB/T 7714 | Lorenzo Caliendo,Fernando Parro. Estimates of the Trade and Welfare Effects of NAFTA. 2012. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w18508.pdf(845KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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