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Regional trade agreements and export competitiveness: the uncertain path of Nicaragua's apparel exports under CAFTA

机译:区域贸易协定与出口竞争力:CAFTA框架下尼加拉瓜服装出口的不确定路径

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The Central American Free Trade Agreement (CAFTA) has been a mixed blessing for economic development. While exports to the US economy have increased, dependency may hinder economic growth if countries do not diversify or upgrade before temporary provisions expire. This article evaluates the impact of the temporary Tariff Preference Levels (TPLs) granted to Nicaragua under CAFTA and the consequences of TPL expiration. Using trade statistics, country- and firm-level data from Nicaragua's National Free Zones Commission (CNZF) and data from field research, we estimate Nicaragua's apparel sector will contract as much as 30-40% after TPLs expire. Our analysis underscores how rules of origin and firm nationality affect where and how companies do business, and in so doing, often constrain sustainable export growth.
机译:中美洲自由贸易协定(CAFTA)对经济发展是喜忧参半。尽管对美国经济的出口增加了,但如果各国在临时条款到期之前不进行多样化或升级,则依赖可能会阻碍经济增长。本文评估了CAFTA授予尼加拉瓜的临时关税优惠水平(TPL)的影响以及TPL到期的后果。使用贸易统计数据,尼加拉瓜国家免税区委员会(CNZF)的国家和公司级数据以及实地研究的数据,我们估计尼加拉瓜的服装行业在TPL到期后将收缩多达30-40%。我们的分析强调了原产地规则和公司国籍如何影响公司在何处以及如何开展业务,并且这样做通常会限制可持续的出口增长。

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