The Role of NAFTA and Returns to Scale in Export Duration
|Title:||The Role of NAFTA and Returns to Scale in Export Duration|
|Publication Date:||June 2013|
|Published In:||Economic Systems|
While exports within NAFTA face a lower hazard of ceasing, its onset has increased the hazard for Mexican and U.S. intra NAFTA exports. Intra NAFTA exports still enjoy a lower hazard relative to exports to non–members. While NAFTA did aﬀect the hazard for Canada’s exports in the short run, its eﬀect on Mexican and U.S. exports is persistent. Exports of IRS manufacturing products face the highest hazard in the case of Canada and Mexico, while IRS natural resource products have the highest hazard for Mexico. The eﬀect of NAFTA on the returns to scale product types is exporter speciﬁc.
|Ivan Allen College Contributors:|
Besedes, Tibor. "The Role of NAFTA and Returns to Scale in Export Duration." CESifo Economic Studies 59 vol. 2 (2013): 306-336.