This paper analysis new hypothesis about the effects off regional integration on the MERCOSUR countries. From characterizing the initial patterns of specialization, it discusses the relevance of centre-periphery agglomeration hypothesis. It argues that the economic integration could increase the...

In this paper we used a model of New Economic Geography (NEG) to simulate the effects on industrial location in Uruguay for the implementation of alternative trade policy and infrastructure policy. The exercises show that a reduction of non-tariff barriers with Argentina reduces the location of...

El MERCOSUR acuerda la eliminación de barreras al comercio entre países fronterizos que presentan una gran asimetría en su dimensión geográfica y económica y que se ubican a gran distancia de los centros económicos mundiales. A partir de variaciones sobre un modelo de equilibrio general...

In this paper we realize a descriptive characterization of the intense transnationalization process in the meat-packing industry in Uruguay in the last years. We show the main determinants of foreign direct investment (FDI) from international and regional factors, to general determinants in the...

International tendencies in Foreign Direct Investment (FDI) show that transnationalization process increased quickly in the last years. Uruguay showed in the nineties a good capacity of attract FDI. However, since the economic recovery after the 2002 crisis, the country saw huge amounts of FDI....

When the process of trade liberalisation started in Brazil in the late 1980s, a regime of temporary trade protection was put in place. This paper describes the use of TTB by Brazilian’s authority over the last two decades. We found them to be highly concentrated in a few sectors and to heavily...

Regional integration is under discussion nowadays. In 1991, Argentina, Brazil, Paraguay and Uruguay created the MERCOSUR regional bloc, which was fully consolidated in 1995. The stabilization problems suffered by the region since 1999, asymmetry problems inside the bloc, the growth of...

In Uruguay total yearly tourists represent about 90% of its population of which historically 60% or more have come from Argentina. Tourist activities have a great impact on Uruguayan economy. They represent about 4% of Uruguayan GDP and generate near 6% of total employment and 14% of total...

The process of globalization has brought a major change in the international economy, and the scope of feasible trade between countries has broadened. Global value chains combine participation by geographically disperse suppliers in the production of modern manufactures characterized by an...

This paper studies the relationship between productivity and export orientation of Uruguayan manufacturing firms in 1997-2001, trying to explore the self-selection and learning by exporting hypotheses. We use a constant prices plant level data panel for 1997-2001. First, we estimate a production...