-regional exporters. Evidence from Mercosur suggests that the elimination of duty-drawbacks for intra-regional exports, led to increased …

. Results suggest that in the case of the Common Market of the Southern Cone (Mercosur) both forces were important. Terms … that the terms-of-trade externalities among Mercosur's members have been internalized in the Common External Tariff (CET). …

employs a simple strategic pricing game in segmented markets to measure the effects of MERCOSUR on the pricing of 'non …-member' exports to the region. Working with detailed data on unit values and tariffs we find that the creation of MERCOSUR is … by tariff preferences offered to its partners. We focus on the Brazilian market (by far the largest in MERCOSUR) and show …

This paper confronts the results of the endogenous tariff literature with MERCOSUR (Mercado Comun del Sur, literally …, ‘the Common Market of the Southern Cone’) evidence. It is shown that MERCOSUR’s common external tariff (CET), and member … endogenous tariff literature. If political economy viability is a key to success, then MERCOSUR is here to stay. …

Over the last two centuries, many countries experienced regime transitions toward democracy. We document this … democratic transition over a long time horizon. We use historical time series of income, education and democracy levels from 1870 … to 2000 to explore the economic factors associated with rising levels of democracy. We find that primary schooling, and …

there exists a distribution of resources such that democracy emerges in equilibrium, but there are distributions of … resources for which democracy is infeasible in equilibrium irrespective of the level of development. The model also delivers … results on the stability of democracy with regard to changes in the economic and demographic environment. The results are …

evaluate separately the impact of political institutions linked to democracy and suffrage and of those institutions more …

We use a sample of 147 countries to investigate the link between democracy and reforms. Democracy may be conducive to … institutions. The results provide a robust support for the claim that democracy is good for growth-enhancing reforms. …