Barraud, Ariel A.; Jacobo, Alejandro D. - In: Atlantic review of economics : AROE 2 (2011), pp. 1-21
This paper examines the commercial relationship between MERCOSUR and the EU through an export demand function for the period 1980-2004. While at an aggregate level exports react moderately to relative prices, their reaction with respect to trade competitors’ prices is important. Besides, trade...