scholarly journals Internal Labor Markets, Wage Convergence, and Investment

2020 ◽  
pp. 1-36
Author(s):  
Rui C. Silva
Keyword(s):  
Labor Markets ◽  
Free Trade Agreement ◽  
State Level ◽  
Capital Intensity ◽  
Trade Agreement ◽  
Internal Labor Markets ◽  
The North ◽  
Level Data ◽  
Wage Convergence ◽  
Plant Level

Abstract I document wage convergence in conglomerates using detailed plant-level data: Workers in low-wage industries collect higher-than-industry wages when the diversified firm also operates in high-wage industries. I confirm this effect by exploiting the implementation of the North American Free Trade Agreement (NAFTA) and changes in minimum wages at the state level as sources of exogenous increases in wages in some plants. I then track the evolution of wages of the remaining workers of the firm, relative to workers of unaffiliated plants. Plants where workers collect higher-than-industry wages operate with higher capital intensity, suggesting that internal labor markets may affect investment decisions in internal capital markets.

scholarly journals Economic analysis of deforestation in Mexico

1996 ◽  
Vol 1 (2) ◽  
pp. 203-239 ◽  
Author(s):  
Edward B. Barbier ◽  
Joanne C. Burgess
Keyword(s):  
Free Trade Agreement ◽  
State Level ◽  
Trade Agreement ◽  
Forest Land ◽  
Policy Changes ◽  
Factors Affecting ◽  
The North ◽  
Key Policy ◽  
Beef Prices ◽  
Sectoral Policy

ABSTRACTThis paper uses panel analyses to estimate relationships for agricultural planted area and beef cattle numbers at the state level in Mexico during the period 1970–85, in order to determine the main factors affecting forest land conversion. Of the key policy variables, maize and fertilizer prices appear to be the main influences on the expansion of planted area, whereas beef prices and credit disbursement influence cattle numbers. Population growth also affects both livestock and agricultural activities, and income per capita is positively correlated with cattle expansion. These estimated relationships are used to examine the effects both of agricultural and livestock sectoral policy changes and of trade liberalization in Mexico resulting from the North American Free Trade Agreement (NAFTA). To avoid any unintended impacts of NAFTA on deforestation, it may be necessary for Mexico to make complementary investments in land improvements, especially for existing cultivation on rainfed land.

scholarly journals Impacts of U.S., Mexican, and Canadian Trade Agreement on Commodity and Labor Markets

2019 ◽  
Vol 52 (1) ◽  
pp. 47-63
Author(s):  
Xin Zhao ◽  
Stephen Devadoss ◽  
Jeff Luckstead
Keyword(s):  
United States ◽  
Labor Markets ◽  
Migrant Workers ◽  
Free Trade Agreement ◽  
Bilateral Trade ◽  
Trade Agreement ◽  
The United States ◽  
Cross Border ◽  
The North ◽  
United States Mexico

AbstractThe North American Free Trade Agreement (NAFTA) renegotiation has resulted in an updated agreement known as the United States–Mexico–Canada Agreement (USMCA). Given the contentious nature of the renegotiation process, we analyze the impacts of the USMCA relative to a “what if” scenario of failed NAFTA renegotiation to examine the economy-wide impacts of USMCA on bilateral trade, production, consumption, prices, and domestic and cross-border labor markets. Our results show that, had NAFTA renegotiation failed, the ensuing economic conditions would have created incentive for more, not fewer, migrant workers to enter the United States. USMCA benefits Mexican and Canadian consumers marginally but harms U.S. consumers slightly.

Investor-State Dispute Settlement under NAFTA Chapter 11: The Shape of Things to Come?

1998 ◽  
Vol 35 ◽  
pp. 263-290
Author(s):  
J. Anthony VanDuzer
Keyword(s):  
Free Trade Agreement ◽  
Dispute Settlement ◽  
Trade Agreement ◽  
Minimum Standards ◽  
The North ◽  
State Behaviour ◽  
Nafta Chapter 11 ◽  
To Come ◽  
The Right

SummaryRecently, there has been a proliferation of international agreements imposing minimum standards on states in respect of their treatment of foreign investors and allowing investors to initiate dispute settlement proceedings where a state violates these standards. Of greatest significance to Canada is Chapter 11 of the North American Free Trade Agreement, which provides both standards for state behaviour and the right to initiate binding arbitration. Since 1996, four cases have been brought under Chapter 11. This note describes the Chapter 11 process and suggests some of the issues that may arise as it is increasingly resorted to by investors.

The Strategic Timing of Position Taking in Congress: A Study of the North American Free Trade Agreement

1997 ◽  
Vol 91 (2) ◽  
pp. 324-338 ◽  
Author(s):  
Janet M. Box-Steffensmeier ◽  
Laura W. Arnold ◽  
Christopher J. W. Zorn
Keyword(s):  
Free Trade ◽  
North American ◽  
House Of Representatives ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Critical Element ◽  
Vote Model ◽  
Political Actors ◽  
The North ◽  
Timing Model

A critical element of decision making is the timing of choices political actors make; often when a decision is made is as critical as the decision itself. We posit a dynamic model of strategic position announcement based on signaling theories of legislative politics. We suggest that members who receive clear signals from constituents, interest groups, and policy leaders will announce their positions earlier. Those with conflicting signals will seek more information, delaying their announcement. We test several expectations by examining data on when members of the House of Representatives announced their positions on the North American Free Trade Agreement. We also contrast the timing model with a vote model, and find that there are meaningful differences between the factors influencing the timing of position announcements and vote choice. Our research allows analysts to interpret the process leading up to the House action and the end state of that process.

scholarly journals The peaceful resolution of U.S.-Mexican transboundary water disputes

2007 ◽  
Vol 2 (2) ◽  
Author(s):  
Alyssa M. Neir ◽  
Michael E. Campana
Keyword(s):  
Agricultural Production ◽  
Free Trade Agreement ◽  
Formal System ◽  
Trade Agreement ◽  
The United States ◽  
Transboundary Water ◽  
The North ◽  
International Boundary ◽  
Water Issues ◽  
The U.S

To deal with boundary and transboundary water issues along their border, the United States and Mexico established the International Boundary and Water Commission (IBWC) in 1889. Initially dealing only with surface water flows, its flexibility permitted changes such that groundwater and water quality issues could be addressed. In 1994, the U.S., Mexico, and Canada adopted the North American Free Trade Agreement (NAFTA) primarily to facilitate trade, but which can govern water as an article of commerce. Both NAFTA and the IBWC have been instrumental in promoting peaceful solutions to water issues. The article examines three cases: (1) Mexico's protesting of a U.S. plan to line the All-American Canal on the Mexico-California; (2) the underdelivery of Mexican Rio Grande water to the U.S. state of Texas; and (3) the case of an aquifer entirely within Mexico whose supply is being stressed because of a shift in agricultural production prompted by NAFTA. The article concludes that both countries should: (1) develop a more formal system for groundwater issues and (2) exercise vigilance with respect to NAFTA's ability to treat water solely as an economic good.

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