Category Archives: News

Impacts of Reversing NAFTA

ImpactECON report on the impacts of reversing NAFTA was cited in the Wall Street Journal on Monday, October 16, 2017.

As concerns rise about the demise of the new NAFTA negotiations, the Wall Street Journal, CNBC, CNN and the New York Times have cited ImpactECON’s working paper “Reversing NAFTA: A Supply Chain Perspective“. Here we try to answer a few recently asked questions.

Questions and Answers on the Impact of Reversing NAFTA

What is the impact of reversing NAFTA on the US economy?

Real GDP is estimated to decline by 0.09 percent in the next 2-3 years. Investment is estimated to decline by 1 percent, which means that growth will fall further in the long run.

What is the estimated impact of reversing NAFTA on US employment?

US employment is estimated to decline by 256,000, with many more workers having to relocate to other industries to find jobs. This figure assumes that skilled workers are willing to accept a decline in their wages, if not then US employment could decline by over 1,000,000.

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Supply Chain Videos

ImpactECON announces several new videos examining the Global Supply Chain database and modeling framework. video-picture

In the series of videos, a simple trade liberalization shock is implemented on automobiles exported from Japan to Germany using both the GTAP model and the ImpactECON global supply chain model and the results compared. The analysis shows some surprising differences between the two models, and in particular the impact of the trade liberalization on Germany’s domestic production of motor vehicles.

For more information on the ImpactECON global supply chain package, please visit the ImpactECON store.

Susan Stone, OECD, France

Susan Stone (OECD) describes ImpactECON as a “first-rate, professional organisation that delivers high-quality analysis in a timely, accessible manner. The work done for the OECD met our requirements and exceeded expectations, providing pivotal input to support a broader modelling effort. I will be recommending ImpactECON to others in need of similar expertise.”
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