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Partial-Equilibrium and Industrial-Shift Analysis of the U.S.–Colombia FTA

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  • Lord, Montague

Abstract

The present study aims to assess Colombia’s interests in the FTA with the United States. The approach is based on a partial equilibrium approach to measuring the effects of trade liberalization between Colombia and the United States on both the trade balance and industrial production and employment.

Suggested Citation

  • Lord, Montague, 2004. "Partial-Equilibrium and Industrial-Shift Analysis of the U.S.–Colombia FTA," MPRA Paper 50635, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:50635
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    File URL: https://mpra.ub.uni-muenchen.de/50635/1/MPRA_paper_50635.pdf
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    References listed on IDEAS

    as
    1. Matthieu Crozet & Helene Erkel-Rousse, 2000. "Trade performances and the estimation of price-elasticities: Quality matters," Cahiers de la Maison des Sciences Economiques bla00061, Université Panthéon-Sorbonne (Paris 1).
    2. Engle, Robert & Granger, Clive, 2015. "Co-integration and error correction: Representation, estimation, and testing," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 106-135.
    3. Davidson, James E H, et al, 1978. "Econometric Modelling of the Aggregate Time-Series Relationship between Consumers' Expenditure and Income in the United Kingdom," Economic Journal, Royal Economic Society, vol. 88(352), pages 661-692, December.
    4. Hanson, Gordon H., 1998. "Regional adjustment to trade liberalization," Regional Science and Urban Economics, Elsevier, vol. 28(4), pages 419-444, July.
    5. Marcos Sanso & Antonio Montanes, 2002. "Cointegration, error correction mechanism and trade liberalization: the case of the Spanish imports of manufactures," Applied Economics, Taylor & Francis Journals, vol. 34(2), pages 231-240.
    6. Amelia Santos-Paulino & A. P. Thirlwall, 2004. "The impact of trade liberalisation on exports, imports and the balance of payments of developing countries," Economic Journal, Royal Economic Society, vol. 114(493), pages 50-72, February.
    7. Montague J. Lord (ed.), 1998. "The Handbook of Latin American Trade in Manufactures," Books, Edward Elgar Publishing, number 1392.
    8. Hoekman, Bernard & Subramanian, Arvind, 1996. "Egypt and the Uruguay Round," Policy Research Working Paper Series 1597, The World Bank.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Lord, Montague, 2015. "Regional Economic Integration in Central Asia and South Asia," MPRA Paper 66436, University Library of Munich, Germany.

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    More about this item

    Keywords

    Free Trade Agreement; Impact Analysis; Colombia United States trade; U.S. Colombia trade; applied econometric analysis of international trade;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

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