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Volume
4, No. 1,
April 2005
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Impact of NAFTA on U.S. Corn
Trade with Mexico |
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A. A. Farhad
Chowdhury |
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Department of Business, Mississippi
Valley State University, U.S.A. |
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Albert J.
Allen |
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Department of Agricultural Economics,
Mississippi State University, U.S.A. |
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Abstract |
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The objective of this paper is
to assess the impact of NAFTA vis-à-vis other domestic and
environmental forces in corn trading between the U.S. and Mexico.
Regression analysis could not provide conclusive evidence that the
post-NAFTA increase in corn trade was solely due to NAFTA. Severe
drought in Mexico and its domestic policy reforms may have
contributed to the increased volume of corn trade in the post-NAFTA
era. |
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Key words:
NAFTA;
tariff barriers; tariff-rate quota; labor-output coefficients |
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JEL
classification:
F13 |
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