Trade creation and trade diversion under NAFTA. Mexican perspective
Economic integration is one of the most typical forms of cooperation in the contemporary global economy and it would be difficult to find a country that would not be a member of at least one integration grouping. The investigation into this matter starts with the model laid out by Viner, a precursor...
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| Formaat: | Online |
| Taal: | Engels |
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Wydawnictwo Uniwersytetu Łódzkiego
2026
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| Online toegang: | ONIX_20260612T144849_9788382201949_21 |
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| _version_ | 1869523806963367936 |
|---|---|
| author | Wieloch, Justyna |
| author_browse | Wieloch, Justyna |
| author_facet | Wieloch, Justyna |
| author_sort | Wieloch, Justyna |
| collection | Directory of Open Access Books |
| description | Economic integration is one of the most typical forms of cooperation in the contemporary global economy and it would be difficult to find a country that would not be a member of at least one integration grouping. The investigation into this matter starts with the model laid out by Viner, a precursor of the analysis of the welfare effects of economic integration. He proposed concepts of trade creation and trade diversion as foundations for further, more comprehensive studies on the effects of trade agreements. Those studies, provided by, among others, Meade, Gehrels, Lipsey, Bhagwati and Richardson, demonstrated how modifications and different assumptions in theoretical studies influence the welfare effects of integration. Conclusions as to the latter issue, however, are not unambiguous. Despite abundant subject-matter literature, only a handful of available empirical analyses focus on concrete groupings and seek to evaluate membership in a trade agreement through the lenses of trade creation and trade diversion effects. The above is especially true of the second biggest integration grouping when it comes to trade volumes, the North American Free Trade Agreement (NAFTA). This publication seeks to provide an evaluation of the impact of NAFTA membership on the economy of Mexico, especially on the trade creation and trade diversion effects for this country. The publication seeks to validate two research hypotheses. The first of them argues that trade integration within the North American Free Trade Agreement is advantageous to the Mexican economy. The second one states that the scale of trade diversion effect for Mexico depends on the intensity of trade flows between NAFTA members prior to the conclusion of the Agreement. |
| format | Online |
| id | doab-20.500.12854ir-177535 |
| institution | Directory of Open Access Books |
| language | eng |
| publishDate | 2026 |
| publishDateRange | 2026 |
| publishDateSort | 2026 |
| publisher | Wydawnictwo Uniwersytetu Łódzkiego |
| publisherStr | Wydawnictwo Uniwersytetu Łódzkiego |
| record_format | ojs |
| spelling | doab-20.500.12854ir-1775352026-06-12T13:52:22Z Trade creation and trade diversion under NAFTA. Mexican perspective Wieloch, Justyna Economic integration NAFTA Trade creation Trade diversion International trade Free trade area thema EDItEUR::K Economics, Finance, Business and Management::KC Economics Economic integration is one of the most typical forms of cooperation in the contemporary global economy and it would be difficult to find a country that would not be a member of at least one integration grouping. The investigation into this matter starts with the model laid out by Viner, a precursor of the analysis of the welfare effects of economic integration. He proposed concepts of trade creation and trade diversion as foundations for further, more comprehensive studies on the effects of trade agreements. Those studies, provided by, among others, Meade, Gehrels, Lipsey, Bhagwati and Richardson, demonstrated how modifications and different assumptions in theoretical studies influence the welfare effects of integration. Conclusions as to the latter issue, however, are not unambiguous. Despite abundant subject-matter literature, only a handful of available empirical analyses focus on concrete groupings and seek to evaluate membership in a trade agreement through the lenses of trade creation and trade diversion effects. The above is especially true of the second biggest integration grouping when it comes to trade volumes, the North American Free Trade Agreement (NAFTA). This publication seeks to provide an evaluation of the impact of NAFTA membership on the economy of Mexico, especially on the trade creation and trade diversion effects for this country. The publication seeks to validate two research hypotheses. The first of them argues that trade integration within the North American Free Trade Agreement is advantageous to the Mexican economy. The second one states that the scale of trade diversion effect for Mexico depends on the intensity of trade flows between NAFTA members prior to the conclusion of the Agreement. 2026-06-12T13:52:20Z 2026-06-12T13:52:20Z 2020 book ONIX_20260612T144849_9788382201949_21 9788382201949 9788382201932 https://directory.doabooks.org/handle/20.500.12854/177535 eng Economics image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International https://press.uni.lodz.pl/index.php/wul/pl/catalog/book/1406 Wydawnictwo Uniwersytetu Łódzkiego electronic 10.18778/8220-193-2 10.18778/8220-193-2 83bfe9c9-323d-4283-b087-d859fd9af314 9788382201949 9788382201932 electronic open access |
| spellingShingle | Economic integration NAFTA Trade creation Trade diversion International trade Free trade area thema EDItEUR::K Economics, Finance, Business and Management::KC Economics Wieloch, Justyna Trade creation and trade diversion under NAFTA. Mexican perspective |
| title | Trade creation and trade diversion under NAFTA. Mexican perspective |
| title_full | Trade creation and trade diversion under NAFTA. Mexican perspective |
| title_fullStr | Trade creation and trade diversion under NAFTA. Mexican perspective |
| title_full_unstemmed | Trade creation and trade diversion under NAFTA. Mexican perspective |
| title_short | Trade creation and trade diversion under NAFTA. Mexican perspective |
| title_sort | trade creation and trade diversion under nafta mexican perspective |
| topic | Economic integration NAFTA Trade creation Trade diversion International trade Free trade area thema EDItEUR::K Economics, Finance, Business and Management::KC Economics |
| topic_facet | Economic integration NAFTA Trade creation Trade diversion International trade Free trade area thema EDItEUR::K Economics, Finance, Business and Management::KC Economics |
| url | ONIX_20260612T144849_9788382201949_21 |
| work_keys_str_mv | AT wielochjustyna tradecreationandtradediversionundernaftamexicanperspective |