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Alabama Forest Products and the Potential Impacts of FTAA Price Changes
Mostafa Malki,Osei-Agyeman Yeboah,Henry Thompson 세종대학교 경제통합연구소 2010 Journal of Economic Integration Vol.25 No.1
The Free Trade Area of the Americas FTAA will increase import competition for some forest product industries in Alabama but create export opportunities for others. Forest products loom large in the Alabama economy, both in terms of income and pollution. The present paper gauges the potential impacts of a range of price changes for forest products in an applied specific factors model of production. Pollution adjusts with forest product outputs. The potential impacts on outputs, capital returns, and pollution are substantial. Anticipated price changes also raise the wage and lower energy demand.
Alabama Forest Products and the Potential Impacts of FTAA Price Changes
( Henry Thompson ),( Mostafa Malki ),( Osei Agyeman Yeboah ) 세종대학교 경제통합연구소 (구 세종대학교 국제경제연구소) 2010 Journal of Economic Integration Vol.25 No.1
The Free Trade Area of the Americas FTAA will increase import competition for some forest product industries in Alabama but create export opportunities for others. Forest products loom large in the Alabama economy, both in terms of income and pollution. The present paper gauges the potential impacts of a range of price changes for forest products in an applied specific factors model of production. Pollution adjusts with forest product outputs. The potential impacts on outputs, capital returns, and pollution are substantial. Anticipated price changes also raise the wage and lower energy demand.
A Specific Factor Model of FTAA and North Carolina Textile and Apparel Industries
Mostafa Malki,Henry Thompson,Osei-Agyeman Yeboah 한국국제경제학회 2009 International Economic Journal Vol.23 No.2
Textile and apparel industries in the US face import competition that promises to increase under the Free Trade Area of the Americas. The present paper utilizes a specific factors model of production and trade to predict the potential impact of FTAA on the textile and apparel industries in North Carolina. Income is redistributed across six labor skill groups in North Carolina, and returns to capital in textiles and apparel fall as does output. In spite of falling prices for textiles and apparels, the model predicts higher wages based on rising prices of other products.