Starting from our earlier multi-region trade model, we develop two new 24 sector small open economy (SOE) computable general equilibrium models (CGE) of Chile. One is comparative static and the other is dynamic. We evaluate the impact of Chile forming free trade agreements with either NAFTA or...

This paper analyzes the impact on Mercosur of a free trade area in the Americas (FTAA) and a free trade area with the EU. The results show that trade liberalization generates substantial economic gains for Mercosur, although the FTAA option is slightly inferior to that of the FTA with the EU....

Using an applied general equilibrium model we explore the potential effect of comprehensive trade liberalization in a selection of Latin American developing economies. Over the last decade many of these economies have suffered from high levels of unemployment, and the consequences of reform on...

This paper presents a new database of revealed comparative advantage (RCA) measures based on the recent index of RCA proposed by Costinot et al. (2012). This new index conceptually fits the ex ante and country-sector specific nature of the Ricardian comparative advantage better than the...

An important literature emerged in the 90s about the relationship between integration in the world economy and wage inequality. However, it is more focused on developed countries and Latin America. This paper investigates the impact of trade liberalization process in Tunisia, initiated since the...

A l'aide d'un modele neo-classique dans lequel des pays heterogenes (a la fois par leurs dotations initiales en capital et par leurs niveaux de productivite du travail) echangent du capital sur des marches mondiaux parfaits, cet article analyse comment l'integration influence la convergence des...

This paper combines results from a newly available international, cross-section consumption analysis, with earnings data from household surveys from Brazil and Chile, to analyze the implications of multilateral trade liberalization for impoverished households in these two countries. Emphasis...

Standard international trade models have consistently produced results that, compared ex post with real world data, show the right sign but much smaller magnitudes. Besides, for the case of developing countries, these same models predict that unskilled labour would gain from liberalization, and...

The Agreement on Textiles and Clothing (ATC) deals with the progressive opening of these markets in high-income countries. This process should be finished by the year 2005, when the whole sector should be under the WTO rules. The scope of the liberalization, implemented up to now, has been...

Vertical intra-industry trade accounts for a large share of trade between countries characterized by similar factor endowments. Moreover, it is observed even at a very disaggregated level of statistical classifications, suggesting that the traded products have similar factor intensities. This...