The impact of the North American free trade agreement on multinational firms: Evidence from the stock market

1995 ◽  
Vol 4 (2) ◽  
pp. 163-173 ◽  
Author(s):  
Waqar I. Ghani ◽  
John L. Haverty
Keyword(s):  
Stock Market ◽  
Free Trade ◽  
North American ◽  
Free Trade Agreement ◽  
Multinational Firms ◽  
Trade Agreement ◽  
The North ◽  
The Impact

North American Free Trade Agreement Truck Highway Corridors: U.S.-Mexican Truck Rivers of Trade

1998 ◽  
Vol 1613 (1) ◽  
pp. 71-78 ◽  
Author(s):  
John P. McCray
Keyword(s):  
United States ◽  
Free Trade ◽  
North American ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
The United States ◽  
Advocacy Groups ◽  
The North ◽  
Federal Highway ◽  
The Impact

The dramatic growth in trade between the United States and Mexico from $12.39 billion to $56.8 billion of U.S. exports and $17.56 billion to $73 billion of U.S. imports between 1977 and 1996 and the implementation of the North American Free Trade Agreement (NAFTA) have focused attention on the impact that the truck-transported portion of this trade has on U.S. highways. State and federal highway administrators are concerned with the planning implications this additional unexpected traffic may have on the transportation infrastructure. Public advocacy groups want additional highway funds to promote one NAFTA highway corridor over others in an effort to stimulate additional economic development. Most of these groups advocate a north-south route through the United States between Canada and Mexico that follows the alignment of an existing federal highway number. Research conducted by the U.S. government under the 1991 Intermodal Surface Transportation Efficiency Act has failed to define NAFTA highway corridors adequately, leaving policy makers with little concrete information with which to combat the rhetoric of the trade highway corridor advocacy groups. A report is provided on research critical to the needs of both highway administrators and corridor advocacy groups, namely, the location of U.S.-Mexican trade highway corridors and the trade truck density along these corridors.

scholarly journals The impact of china’s incursion into the north american free trade agreement (NAFTA) on intra-industry trade

CEPAL Review ◽  
2014 ◽  
Vol 2014 (114) ◽  
pp. 83-100 ◽  
Author(s):  
Jorge Alberto A. López ◽  
Óscar M. Rodil ◽  
Saúl G. Valdez
Keyword(s):  
Free Trade ◽  
North American ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Industry Trade ◽  
The North ◽  
The Impact

scholarly journals Financial Market Integration Between Stock Market From North American Free Trade Agreement (NAFTA) Member

2021 ◽  
Vol 21 (02) ◽  
Author(s):  
Yasir Maulana ◽  
Wely Hadi Gunawan
Keyword(s):  
Stock Market ◽  
Free Trade ◽  
North American ◽  
Market Integration ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
The United States ◽  
Data Series ◽  
Causality Test ◽  
The Impact

Economic recession or crisis could show a higher possibility of financial crisis transmission in an integrated stock market. Integration between financial markets is a channel of spreading the devastating effects of the crisis. The objective of this study is to detect significant interactions among the stock markets of countries that are members of the North American Free Trade Agreement (NAFTA). NAFTA is a regional partnership with members from the United States, Canada and Mexico that are committed to reducing trade and investment barriers between member countries. The methodology of this research with VAR VECM model consists of three stages, the first analysis of the presence impact of the stock market index using the Granger Causality Test. Second, analyze the speed of response of an index to a change / shock in another index using the Impulse Response Function (IRF). The third stage analyzes the impact of changes / shocks from one index to other indices by using Variance Decomposition. From the 5 sets of stock market data for NAFTA countries, the results of the study show that there is only one cointegration. When viewed in the cointegration process of each of the two data series, cointegration occurs between the Nasdaq index with TSE and Nasdaq with MSE. Whereas TSE and MSE did not find any cointegration.

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