논문KCI 등재
FTAA, Output Adjustments, and Income Redistribution in a Small Open Economy: The Case of Peru
경제연구소 (Hanyang Economic Research Institute)|2004.06|Journal of Economic Development|제29권 제1호|pp. 109-122
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Abstract
The Free Trade Agreement of the Americas (FTAA) expected to become effective by 2005 will advance South, North, and Central American free trade. As member countries adjust to free trade, various sectors of each economy will adjust differently. This paper uses the Specific Factors (SF) model of production and trade to estimate comparative statics elasticities of changing prices on factor prices and output for Peru under a free trade scenario. The model predicts that output changes and income redistribution in Peru resulting from the emerging FTAA are substantial.
참고문헌 (13)
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관련 논문AI추천
Dynamic Empirics of Trade Openness and Economic Growth in Latin America : Do Fast Reformers Grow Faster?Gustavo Barboza경제연구소 · Journal of Economic Development2007 · 제32권 제2호Long-Run Comparative Advantage and Transitional Dynamics after Free Trade in an Endogenous Growth Model곽노선경제연구소 · Seoul Journal of Economics2005 · 제18권 제2호라틴아메리카에 있어서 개방화와 소득분배김종섭한국라틴아메리카학회 · 라틴아메리카연구2003 · 제16권 제2호DEVALUATION, INVESTMENT AND FACTOR INTENSITY IN TWO-SECTOR TWO-FACTOR SMALL OPEN ECONOMYYOUNGKULWON한국경제학회 · The Korean Economic Review2003 · 제19권 제1호The multilateral Agreement on Investment: Implications and Policy Recommendations김관호대외경제정책연구원 · East Asian Economic Review1997 · 제1권 제1호Sensitive Sectors in Free Trade AgreementsAlan V. Deardorff대외경제정책연구원 · East Asian Economic Review2018 · 제22권 제4호
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