University of Illinois Urbana-Champaign

Regional and interregional economic effects of the Free Trade Agreement between the United States and Canada

Gazel, Ricardo Costa

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Description

Title
Regional and interregional economic effects of the Free Trade Agreement between the United States and Canada
Author(s)
Gazel, Ricardo Costa
Issue Date
1994
Doctoral Committee Chair(s)
Grinols, Earl L.
Department of Study
Economics
Discipline
Economicsl
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Keyword(s)
  • Economics, General
  • Economics, Commerce-Business
Language
eng
Abstract
  • Even before the Free Trade Agreement (FTA) between the U.S. and Canada came into force on January 1, 1989, a substantial body of literature had been assembled on the future agreement and its likely economic effects on both countries. Despite the large number of studies in both countries, there had been no systematic attempt to measure the FTA effects at the regional level. Unfortunately, regional effects of national and international policies such as trade liberalization have been perceived as less important than the measurement of the same effects at the national level. This study focuses attempts to rectify this situation by focusing on the different effects that national and international trade policies have on distinctive regions within a country by modeling the impact of the FTA regionally using an applied general equilibrium approach.
  • The economic effects due to the FTA are presented by region (four in the U.S. and Canada), highlighting the changes in macroeconomic aggregates such as total income as well as the changes in the level of production of the different sectors in the economy, thus separating gainers and losers in each region. This study also incorporates interregional labor migration within the U.S. The results presented in this study show the need for more careful evaluation of the economic impact of national and international policies at the regional level.
Type of Resource
text
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http://hdl.handle.net/2142/22833
Copyright and License Information
Copyright 1994 Gazel, Ricardo Costa

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