Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/162449 
Year of Publication: 
2017
Series/Report no.: 
Working Paper No. 249
Publisher: 
University of Zurich, Department of Economics, Zurich
Abstract: 
We measure the "new" gains from trade reaped by Canada as a result of the Canada-US Free Trade Agreement (CUSFTA). We think of the "new" gains from trade of a country as all welfare effects pertaining to changes in the set of firms serving that country as emphasized in the so-called "new" trade literature. To this end, we first develop an exact decomposition of the gains from trade which separates "traditional" and "new" gains. We then apply this decomposition using Canadian and US micro data and and that the "new" welfare effects of CUSFTA on Canada were negative.
Subjects: 
Gains from trade
trade liberalization
CUSFTA
JEL: 
F10
F12
F14
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
File
Size
564.98 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.