Dynamic Effects of MERCOSUR: An Assessment for Argentina

We evaluate the potential dynamic effects of MERCOSUR on the Argentinean economy. Two approaches, already used with other regional integration agreements, are applied for measuring medium and long-term effects. Special care has been taken in separating intra from extra zone effects. All estimations are carefully checked and have their magnitudes contrasted with other figures derived from different sources. Besides, complementary empirical assessments are done. The diverse empirical evidences found support the argument that Argentina experienced growth effects due to MERCOSUR.