Trade (dis)integration: the sudden death of NAFTA

Bakas, D. ORCID: 0000-0003-4771-4505, Jackson, K. and Magkonis, G., 2018. Trade (dis)integration: the sudden death of NAFTA. Rochester, NY: SSRN.

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Abstract

This paper uses a PVAR model to study the macroeconomic effects of trade disintegration among NAFTA members. The results reveal substantial asymmetric responses, showing that the US is the most affected economy from a sudden negative trade integration shock. Moreover, Canada and the US are found to be relatively more interconnected with each other compared to the Mexican economy. Our findings question the US decision to push for the renegotiation of the NAFTA agreement.

Item Type:	Working paper
Creators:	Bakas, D., Jackson, K. and Magkonis, G.
Publisher:	SSRN
Place of Publication:	Rochester, NY
Date:	2018
Identifiers:	Number Type 10.2139/ssrn.3178694 DOI
Divisions:	Schools > Nottingham Business School
Record created by:	Jill Tomkinson
Date Added:	29 Oct 2018 15:01
Last Modified:	29 Oct 2018 15:01
URI:	https://irep.ntu.ac.uk/id/eprint/34789

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