Papers presented at the Third Annual Meeting of the Research Consortium on North American Trade and Investment

Session 1: Beyond NAFTA: Integration in the Americas

An Assessment of Extending NAFTA to Other Major Trading Countries in South America
Robert Stern, University of Michigan
D. K. Brown, Tufts University
A. V. Deardorff, University of Michigan
D. L. Hummels, University of Michigan

Some Implications of Caribbean Ascension to NAFTA
Ronald Wonnacott, University of Western Ontario

Extending NAFTA to Central America and the Caribbean
Raúl Hinojosa, Inter-American Development Bank
Sherman Robinson, International Food Policy Research Institute

Session 2: Beyond NAFTA: Investment and the Financial Sector

Investment Implications of WHFTA
Alan M. Rugman, University of Toronto
Michael Gestrin, University of Toronto

The Financial Industry and Regional Integration in the Americas
Harry Makler, Stanford University

Session 3: NAFTA, Capital Mobility, and Fiscal Reform in Mexico

Intersectoral Capital Mobility and Trade Policy: Econometric Evidence from Mexico
Aileen Thompson, Carleton University

Interaction between Commercial Liberalization and Fiscal Reform in Mexico
Horacio Sobarzo, El Colegio de México

Session 4: NAFTA and the Agricultural Sector in Mexico

NAFTA, Liberalization and the Agricultural Sector of Mexico: Results of CGEMs
Antonio Yúnez, El Colegio de México
Edward Taylor, University of California - Davis

Changes in Subsidy Policy: Its Effects on the Agricultural Sector
José Romero, El Colegio de México

Session 5: Beyond NAFTA - Labour Market and Income Distribution Issues I

Labour Markets and Income Distribution in an Economy of Recession: Mexico in the Late 1980s
Diana Alarcón, El Colegio de la Frontera Norte

Labour Market and Distributional Effects of State Policy in Argentina
Adriana Marshall, Instituto de Desarrollo Económico y Social (IDES)

Session 6: Beyond NAFTA: Labour Market and Income Distribution Issues II

Structural Adjustment, Stabilization Attempts, and Income Distribution in Brazil since the Beginning of the 80s
André Urani, Instituto de Pesquisa Económica Aplicada (IPEA)

Inequality and Vulnerability in Peru: 1985-1990
Gillette Hall, University of Cambridge

Labour Market and Distributional Impact of Liberalization: A Comparative Look
Albert Berry, University of Toronto

Session 7: General Topics in International Trade I

Unilateral Tariff Reductions, MFN and the Political Economy of Trade Negotiation
Rodney Ludema, University of Western Ontario
D. E. Coates, U.S. General Accounting Office

International Labour Standards and Trade: A Theoretical Analysis
Drusilla K. Brown, Tufts University
R. Stern, University of Michigan
A. V. Deardorff, University of Michigan

Session 8: General Topics in International Trade II

Was the Worldwide Shift to Gold Inevitable? An Analysis of the End of Bimetallism
Stefan Oppers, University of Michigan

U.S. Trade and Elasticities of Substitution
Sundari Baru, University of Michigan