Název: The impact of membership in the North American Free Trade Area (NAFTA) on Canada's economy
Zdrojový dokument: Beyond the 49th Parallel: many faces of the Canadian North. Le Calvé Ivičević, Evaine (editor); Polić, Vanja (editor). 1st edition Brno: Masaryk University, 2018, pp. 265-277
Rozsah
265-277
Trvalý odkaz (handle): https://hdl.handle.net/11222.digilib/digilib.81467
Typ
Článek
Jazyk
anglicky
Přístupová práva
otevřený přístup
Licence: Neurčená licence
Popis
In this article we have tried to show the impact of Canadian membership in NAFTA on the Canadian economy namely its trade with the USA and Mexico. Economic theory teaches us that membership in regional economic integrations in our case NAFTA has positive impact on trade between member countries. By using gravity econometric model to analyze empirical data we have managed to prove that membership in NAFTA had a positive effect on trade between Canada and the USA and Canada and Mexico.
Dans cet article, nous avons essayé de montrer l'impact de l'adhésion du Canada à l'ALENA sur l'économie canadienne à savoir son commerce avec les USA et le Mexique. La théorie économique nous enseigne que l'appartenance à des intégrations économiques régionales dans notre cas de l'ALENA a un impact positif sur le commerce entre les pays membres. En utilisant la gravité modèle économétrique pour analyser les données empiriques que nous avons réussi à prouver que l'appartenance à l'ALENA a un effet positif sur le commerce entre le Canada et les USA et le Canada et le Mexique.
Note
- This article is based on research done for a 2014/2015 research project at the Faculty of Law, University of Zagreb.
Reference
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[2] Gujarati, Damodar. 2003. Basic Econometrics. New York: McGraw Hill.
[3] Hakim, Peter and Litan, Robert E. (eds). 2002. The Future of North American Integration: Beyond NAFTA. Washington DC: Brookings Institution Press.
[4] Hufbauer, Garry Clyde and Jeffrey S. Schott. 2005. NAFTA Revisited: Achievements and Challenges. Washington DC: Institute for international economics.
[5] Hussain, Imitiaz (ed.). 2010. The Impact of NAFTA on North America. Basingstoke: Palgrave Macmillan.
[6] Krugman, Paul R. 1999. The Return of Depression Economics. New York: W. W Norton & Company.
[7] Morales, Isidro. 2008. Post-NAFTA North America: Reshaping the Economic and Political Governance of a Changing Region. Basingstoke: Palgrave Macmillan.
[8] Ravenhill, John. 2008. Global Political Economy. Oxford: Oxford University Press.
[9] Stock, James, H. and Mark Watson. 2012. Introduction to Econometrics. New York: Pearson Education Limited.
[10] Štiblar, Franjo. 2007. The Balkan Conflict and its Solutions: Creating Conditions for Peace, Stability and Development in the Western Balkans. Ljubljana: Pravna fakulteta Univerze u Ljubljani.
[11] Zwinkels, R.C.J and S. Beugelsdijk. 2010. "Gravity Equations: Workhorse or Trojan Horse in Explaining Trade and FDI Patterns across Time and Space". In: International Business Review 19:1, 102–115.