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This paper assesses the impact of the North American Free Trade Agreement on Mexican manufacturing plants' output prices and markups. We distinguish between Mexican goods that are exported and those sold domestically, and decompose their prices separately into markups and marginal costs. We then...
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of Canada, Mexico and the USA. Preliminary versions of these four modeling efforts were presented at a conference with … Mexico and the Institute for Empirical Macroeconomics. The book also includes a Foreword by Jaime Serra-Puche, the former … Secretary of Trade and Industrial Development in Mexico and that country's chief negotiator of NAFTA, plus two essays by the …
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comparative advantage of Mexico (the United States) was strong (weak), more stringent rules of origin were introduced. Thus …
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