Protectionism, free trade and preferential trade: the Mexican experience 1970-2005
Pablo Ruiz Napoles ()
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Pablo Ruiz Napoles: Universidad Nacional Autonoma de México, Facultad de Economia, México (Mexico)
BNL Quarterly Review, 2007, vol. 60, issue 240, 49-81
Abstract:
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.
Keywords: Free Trade; Protectionism; Trade (search for similar items in EconPapers)
JEL-codes: F13 F14 O19 O24 (search for similar items in EconPapers)
Date: 2007
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