臺灣博碩士論文加值系統

This research looks at the Economic Impact CAFTA-DR, Central America and the Dominican Republic Free Trade Agreement with the USA, has had on the small economy of Honduras with a regression model. After the implementation of NAFTA in the northern part of America, the USA decided to enact a new form of agreement with a set of different countries. With the slow and lacking economy of Central American countries being noticeable, this was the prime area to implement such type of agreement. However, many people doubt the overall help of such, so there are a lot of benefits of understanding the impact of this free trade agreement on Macro Economic data. This research also understands the overall implementation of this agreement and explains the impact if a possible annulment is imposed. Overall, and after testing the real GDP, there was an impact seen at the start of CAFTA-DR. However, after working its way through the years and other countries joining, the positive impact became a negative one. This suggests that the overall use of an agreement like this only helps short term, but lags behind after a while which hurts the long term effect. This study overall suggests the importance of having an economic impact and that this agreement wasn’t beneficial on the long term.

Chapter 1..................................................................1
INTRODUCTION...............................................................1
1.1 Background Information.............................................1
1.2 Motivation.........................................................5
1.2.1 The Possible annulment of CAFTA-DR.................................6
1.2.2 The need for an Economic Impulse...................................7
1.2.3 The use of Neo-liberal Agreements for Economic Integration.........8
1.3 Research Question and Objectives...................................9
1.4 Expected Contribution..............................................9
1.5 Definition of Terms...............................................10
Chapter 2.................................................................12
LITERATURE REVIEW.........................................................12
2.1 The Use of Free Trade Agreements..................................12
2.2 Free Trade Agreements vs. World Trade Organization................13
2.3 Free Trade Agreements with the USA................................14
2.4 CAFTA-DR..........................................................15
2.5 Economic Impact of Free Trade Agreements..........................16
2.6 The use of QVAR as a Macro economic Impact tool...................17
Chapter 3.................................................................18
METHODOLOGY...............................................................18
3.1 Framework.........................................................18
3.2 Data Description..................................................19
3.3 Model Specification...............................................20
3.4 Hypothesis Test...................................................23
3.5 Research Hypothesis...............................................25
Chapter 4.................................................................27
DATA AND RESULTS..........................................................27
4.1 GDP Data..........................................................27
4.2 Growth Rate.......................................................28
4.3 Descriptive Statistics............................................29
4.3.1 Agriculture, Cattle Raising, Hunting, Forestry, and Fishing.......29
4.3.2 Mining and Quarries...............................................30
4.3.3 Manufacturing Industries..........................................31
4.3.4 Electricity and Water Distribution................................32
4.3.5 Construction......................................................32
4.3.6 Commerce, Vehicle Repair, Motorcycles, Personal Belongings, Household goods, Hotels and Restaurants...................................33
4.3.7 Transport and Storage.............................................34
4.3.8 Communications....................................................35
4.3.9 Financial Intermediary............................................35
4.3.10 Residential Property, Real Estate and Business Activities.........36
4.3.11 Public Admin. and Defense, Social Security Plans and Mandatory Affiliation...............................................................37
4.3.12 Teaching Services, Social and Health Services.....................37
4.3.13 Community Social, and Personal Services...........................38
4.3.14 Subtraction of Intermediary Financial Services Indirectly Measured..................................................................39
4.3.15 Net Taxes on Subsidy over Production and Imports..................39
4.3.16 GDP...............................................................40
4.4 GDP Regression....................................................41
4.5 Analysis Summary..................................................42
Chapter 5.................................................................44
CONCLUSION................................................................44
5.1 Concluding Remarks................................................44
5.2 Policy making and Implications....................................46
5.3 Limitations and Clarification.....................................46
5.4 Further Remarks...................................................48
REFERENCES................................................................49

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