factors of production (capital and labor). In contrast, the consequences of FDI from the capital abundant country (EU) to the … country CGE model, including the EU and the CEEC. A panel regression for both regions separately, helps to decide empirically … advantage (increase in global net trade) has contributed to a decline in the labor income shares in the EU. Additionally, those …

áreas y dentro de ellas. ; In this paper we analyze the EU-Mercosur agreement and predict its effects on trade and welfare … agreements that are similar to the EU-Mercosur one, in a partial equilibrium setting. In a second step, the estimated increase in … trade is mapped into reductions in bilateral trade costs and imputed to EU-Mercosur country pairs to compute the general …