X hits on this document

276 views

0 shares

0 downloads

0 comments

61 / 94

Will, MacPherson / ECONOMY OF WESTERN NEW YORK

strong employment growth raises serious questions regarding the generalizability of nationally calibrated export-employment multipliers. If local capacity-utilization rates are low, then export expansion can take place without any significant job creation. On the flip side of the coin, rising import competition may not necessarily kill very many jobs either. Over the long term, in fact, it is possible that import competition might spur the types of innovations that are required to sustain or expand jobs in import-threatened sectors. The task remains to develop an impact assessment meth- odology (survey-based or econometric) that can link a region’s specific industry and trade structure to locally estimated elasticity conditions across several variables. Although this is a tall order in terms of data assembly and model calibration, the prescription is not impossible to fill.

REFERENCES

Atkinson, G. (1998). Regional integration in the emerging global economy: The case of NAFTA. Social Science Journal,

35, 159-169. Bagchi-Sen, S. (1999). The small and medium sized exporter problems: An empirical analysis of Canadian manufacturers.

Regional Studies, 33, 231-245. Century Foundation. (1997). Evaluating NAFTA: Its impact so far on the U.S. Policy in perspective. Retrieved June 1999

from the World Wide Web: http://www.tcf.org/Publications/Basics/nafta/Evaluating_Nafta.html Chandra, B. (1992). High-technology manufacturing in western New York. Unpublished doctoral dissertation, State Uni-

versity of New York at Buffalo. Drache, D. (1993). The future of NAFTA in the post-national era. Review of Radical Political Economics, 25, 30-45. Gould, D. M. (1998). Has NAFTA changed North American trade? Economic Review (Federal Reserve Bank of Dallas),

First Quarter, 12-23. Hanson, G. H. (1998). North American economic integration and industrial location. Oxford Review of Economic Policy,

14, 30-45. Hufbauer, G. C., & Schott, J. (1993). NAFTA: An Assessment. Washington, DC: Institute for International Economics. Husted, B. W., & Logsdon, J. M. (1997). The impact of NAFTA on Mexico’s environmental policy. Growth and Change, 28,

24-48. Institute for Local Governance and Regional Growth. (1999). State of the region report: Performance indicators for the

Buffalo-Niagara region in the 21st century. Buffalo: State University of New York at Buffalo, Institute for Local Gover- nance and Regional Growth. Kouparitsas, M. A. (1997). A dynamic macroeconomic analysis of NAFTA.Economic Perspectives (Federal Reserve Bank

of Chicago), 21, 14-35. Krugman, P. (1993). The uncomfortable truth about NAFTA: It’s foreign policy, stupid. Foreign Affairs, 72, 13-19. MacPherson, A. (1997). Canadian direct investment in western New York: A tracking study of subsidiaries and parent com-

panies. Canadian Journal of Regional Science, 20, 329-340. McConnell, J. E., & MacPherson, A. (1990). Canadian establishments in western New York: Some preliminary findings.

Canadian Journal of Regional Science, 12(2/3), 189-204. McConnell, J. E., & MacPherson, A. (1994). The North American Free Trade Agreement: An assessment of current issues

and prospects. In R. Gibb & W. Michalak (Eds.), Continental trading blocs: The growth of regionalism in the world

economy (pp. 163-185). New York: John Wiley. McKinney, J. (1999). NAFTA: Four years down the road

. Baylor Business Review, 17, 22-23.

Merritt, C. D. (1996). Free trade: Neither free nor about trade. Montreal, Canada: Black Rose Books. North American Integration and Development Center. (1996). North American integration three years after NAFTA: A

framework for tracking, modeling and Internet accessing the national and regional labor market impacts (Research Report No. 4). Los Angeles: University of California at Los Angeles. Retrieved June 1999 from the World Wide Web: http://naid.sppsr.ucla.edu/NAFTA96 Ohlin, B. (1933). Interregional and international trade. Cambridge, MA: Harvard University Press. Pasquero, J. (1999). Regional market integration in North America and corporate social management. Business and Society,

39, 6-23. Viner, J. (1950). The customs union issue. New York: Carnegie Endowment for International Peace. Will, R. (2000). The economic relevance of the North American Free Trade Agreement for western New York manufacturers

(Occasional Paper No. 23). Buffalo: State University of New York at Buffalo, Canada-United States Trade Center.

349

Document info
Document views276
Page views276
Page last viewedFri Dec 09 13:42:52 UTC 2016
Pages94
Paragraphs1542
Words59114

Comments