The basic goal of this paper is to develop an endogenous trade policy model in the Grossman and Helpman (1994) tradition that could endogenise the number of lobby groups in the economy. The game has three stages. In the first stage, the consumer that owns a specific factor decides whether to...

This paper sheds some light on two issues related to recent the multilateral trade agreements (Ronda Uruguay of GATT and the creation of WTO). First, are they binding for the design of trade policies in Uruguay? Second, how have they posed restrictions on these policies? In the first chapter a...

The paper develops two questions. The first is related of what the Uruguay might be expected from the MERCOSUR. The paper concludes highlighting the requisite of sharing a common will among the members country to advance in the integration process. While in the present time the MERCOSUR has sign...

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 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...

This paper analyzes the structural reform process that has been taking place in Uruguay since the return to democracy in 1985. Three main questions oriented the research: why reform? what kind of reform? and, how well did the reform perform? The main focus is on the pro-market reforms as they...

In the paper the endogenous trade model follows the Grosman and Helpman (1994 y 1995) tradition. The structure of the economy is characterised by a specific factor trade model and consumers' preferences are quasilinears. Owners of specific factors all are organised in lobby groups and the...

Several studies estimate TFP for the Uruguayan economy at an aggregate level (Bucacos,2000; Blyde et al, 2004; Fossati et al, 2005; De Brum, 2004). Though they use generally similar estimation methodologies they find contradictory evidence. In this paper we discuss possible explanations to these...

Development of globalization carries permanently changes in international trade relationships both in goods and increasingly in services. There are an increasing number of economic activities that are traded worldwide. This paper boards old and new issues of globalization from three points of...