Siroën, Jean-Marc; Yücer, Aycil - Université Paris-Dauphine (Paris IX) - 2012
We consider the impact of MERCOSUR on trade among Brazilian states and on trade by Brazilian states with MERCOSUR and the rest of the world. We use a theoretically founded gravity model to shed light on MERCOSUR’s possible creation and diversion effects as well as its “preference erosion”...