The Impact of the EU-Mexican Trade Agreement on Revealed Comparative Advantage (original) (raw)
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Revealed comparative advantages and intra-industry trade changes between Mexico, China and the USA
Portes: Revista mexicana de estudios sobre la Cuenca del Pacífico, 2016
The USA is the main trading partner of Mexico; however, Chinese exports to Mexico have increased their role in the international trade of the Mexican economy. The main exports from Mexico to the USA are based on intra-industry trade and are concentrated in the automobile industry and telecommunications. Mexican exports to China principally consist of inter-industrial trade and are related to comparative advantages and factor endowments and also, to a lesser extent, on intra-industry trade. The specialization of the Mexican exporting sector in the automobile and electronic industries has created comparative advantages revea.led in the Mexican economy. A robust least squares model was estimated which suggest that revealed comparative advantages and the pull effect of trading partners have a positive impact on intra-industry trade.
Journal of Sustainable Development, 2012
The authors analysed comparative advantage of Canada, Mexico and the United States in the context of the North American Free Trade Agreement (NAFTA). The authors found that there is empirical evidence as expected that the United States of America has a large number of products in which it has a comparative advantage in, followed by Canada. Mexico is the least competitive with fewer products compared to the United States of America and Canada. The authors have also concluded that having comparative advantage is not synonymous with trade performance in intra-regional trade as Mexico tends to benefit much more in spite of having a very few products in which it has comparative advantage as demonstrated by huge trade surpluses over Canada and the United States.
Revista de Geografía Agrícola
México posee un acuerdo de asociación con la Unión Europea; en algunos productos se ha podido revelar la ventaja que posee en la producción y en consecuencia en la exportación, a través del cálculo de diversos índices de competitividad se puede revelar la ventaja que se posee en la exportación; es por ello que se aplica estos índices al producto flores para determinar la posición comercial de México y la Unión Europea, para determinar la posición comercial de ambos competidores. Se determinó una posición comercial similar a través de la aplicación de los índices; las exportaciones importaciones y producción mantuvieron comportamientos crecientes en la Unión Europea, mientras que para México solo la producción experimento variaciones positivas
A GLANCE OF THE FREE TRADE AGREEMENT BETWEEN MEXICO AND THE EUROPEAN UNION
The 43rd European Congress of the Regional Science Association, 2003
Mexico has had a notable trade performance in the last years as result of a process of economic liberalisation and internal structural reforms that started in the mid-1980s and consolidated in the 1990s by establishing a network of Free Trade Agreements. The Free Trade Agreement (FTA) between the European Union (EU) and Mexico is a consequence of many advantages for all the involved countries among others: to open up a bigger markets, same legal footing as their competitors and new potential investments. The liberalisation is phased until 2007. Mexico has had a big jump in exports through NAFTA, and nowadays has a preferential access to the world's largest market, the EU. In addition, Mexico offers better conditions for investment because the labour and the private sector during the past 9 years (since NAFTA) have learned to compete efficiently against the American and Canadian firms. Actually, the free trades agreements have enabled to obtain gains from globalisation and market diversification through regional and bilateral negotiations being a powerful instrument for Mexico's economic growth and development. In conclusion, the new FTA instead of dispiriting the distribution of income will promote (in the long-term) equality for the Mexicans, because of the productivity and the access to new opportunities. On the other hand, the EU has an excellent chance to be closer to the USA and take advantages of one of the most important emerging markets in the world with a high potential of growth.
Has Mexican Trade in Manufactured Goods Reached Its Limits under nafta? Perspectives after 20 Years
This article analyzes Mexican trade in manufactured goods at the subsector level for the period 1993-2013. The results show that underlying dynamic manufacturing exports is a high dependency on manufacturing imports, particularly of capital and intermediate goods and high technology inputs. This has led to important deficits in the trade balance for important manufacturing sectors. In addition, although the Mexican economy has had trade surpluses with both Canada and the United States, it has shown increasing trade deficits vis-à-vis China, Japan, Korea, and the European Union, particularly in the manufacturing sector. Key words: exports, manufacturing, nafta, China, international trade
Market oriented approach of revealed comparative advantage in international trade
Ekonomika poljoprivrede, 2016
Market oriented relative comparative trade advantage (MORTA) represents new approach to a widely accepted model of revealed comparative advantage (RCA) presented for the first time in this paper. The applied model was used in the analysis of agro-food trade in order to identify changes in the level of relative comparative trade advantage between the EU and Serbia before and during the implementation of the Stabilization and Association Agreement with the EU (2004-2013) on the basis of Eurostat data and data of the Statistical Office of the Republic of Serbia. The analysis aims to show whether Serbia and the EU, each on their side, were able to take advantage of the trade liberalization, especially in relative terms. The research results show that Serbia in terms of trade liberalization with the EU manages to secure the growth of the product with relative comparative trade advantage, but on the other side EU fails to largely use preferential status in trade with Serbia.
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This paper is an analysis of trade policies in Mexico. A structural analysis of theMexican economy's performance in three successive but different periods, regardingtrade policies for the last thirty-five years is presented. Results are confronted with expectations from various trade policies. There are two main conclusions: first those extreme free-trade policies have not been good for economic stability, growth and employment creation in Mexico; and second, that specialization in production andtrade occurs in non labor-intensive sectors in Mexico, in opposition to what is expected according to the Heckscher-Ohlin theorem, under free trade conditions. JEL Codes: F13, F14, O19, O24
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After a long period of domination by the industrialised countries of the North, international trade is today driven by the dynamism of developing countries. This work seeks to analyse how the EU is performing in the light of this emerging competitive threat, by comparing the EU’s export performance on the world market with that of its key competitors between 1995