NAFTA's and CUSFTA's Impact on International Trade

By John Romalis. Review of Economics and Statistics, 2007

503 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/3dbc41c1786f84dbfe0b7e8dad5b552eba93080f

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

In Strategy and Management

Citations in the corpus

How do Different Exporters React to Exchange Rate Changes (2012, unknown): “In Romalis (2007) as well as in Imbs and Mejean (2009), and more generally in studies using industry-level trade data, elasticities of substitution between domestic and foreign varieties are estimated to be between 4 and 13.”
Gravity Equations: Workhorse,Toolkit, and Cookbook (2013, unknown): “Romalis (2007) focuses on the impact of NAFTA where he considers EU12 as a reference importer, and each of the NAFTA countries in turn as a reference exporter.”
The Long and Short (Run) of Trade Elasticities (2020, background): “The common (but not the only) approach in international trade has been to use tariff variation to estimate this elasticity (Caliendo and Parro, 2015; Head and Ries, 2001; Romalis, 2007).”
The influence of economic policy uncertainty on corporate trade credit and firm value (2020, background): “Given the robust trade and economic relations between the U.S. and Canada (see Romalis, 2007), both countries are unlikely to be immune to each other’s economic uncertainty.”
Terms of Trade and Global Efficiency Effects of Free Trade Agreements, 1990-2002 (2016, methodology): “Compared to Romalis (2007) focused on tariff changes in NAFTA, our approach focuses on these induced changes.”
Multi-Product Exporters: Product Churning, Uncertainty and Export Discoveries (2010, background): “In fact, the threefold increase in Mexican exports between 1993 and 2002 and growing export diversification in the post-NAFTA period have already been documented by studies relying on aggregated trade statistics (Romalis, 2007; Feenstra and Kee, 2007).”
Estimating Trade Policy Effects with Structural Gravity (2016, unknown): “However, this procedure has to be applied with caution because it is a non-linear transformation (as is the log-transformation), which means that with heteroskedastic trade data one may end up with inconsistent estimates, cf. Santos Silva and Tenreyro (2006).”
Innovation and Production in the Global Economy (2018, methodology): “More recent estimates using tariffs, such as Romalis (2007) and Caliendo & Parro (2014), fall within the same range.”
Civil Wars and International Trade (2008, methodology): “As in Martin et al. (2008) and Romalis (2007), we use a convenient feature of CES demand functions that makes relative imports from a given exporter independent of the characteristics of third countries.”
In Search of the Armington Elasticity (2014, unknown): “log ( V Fj V Hj ) = μ+ (1− ω) log ( P̄Fj P̄Hj ) + u , (30)”
Market Penetration Costs and the New Consumers Margin in International Trade (2008, background): “Romalis (2005) estimates the later elasticities using data on trade and tariffs studying the countries that joined the NAFTA.”
Populism and the economics of globalization (2018, background): “Romalis (2007) concludes that the overall Journal of International Business Policy effect for the US was approximately zero.”
Regional trade agreements: blessing or burden? (2009, unknown): “In contrast, Romalis (2007) finds that the expansion of CUSTA to Mexico (NAFTA) has been trade-diverting.”
Is the WTO Passé (2015, unknown): “Both Romalis (2007) and Clausing (2001) found only insigni cant trade diversion e¤ects from the Canada-US FTA, a result consistent with the analysis of Tre er (2004), who found that Canada s trade creation associated with CUSFTA dominated the welfare e¤ects of any trade diversion.”