American Free Trade Agreement (NAFTA), trade integration outweighed trade diversion; for MERCOSUR, increased integration and …

This paper models the trade creating and trade diverting effects of the COMESA free trade agreement (FTA) and MERCOSUR … implementations, intra-COMESA FTA trade and intra-MERCOSUR trade are shown to have grown to 171% and 116% above their gravity equation … predicted levels. There is some evidence that MERCOSUR diverted modest levels of trade from non-members but there is no evidence …

This study explores economic interdependence in Mercosur by examining common trends and common cycles among key macro … macroeconomic interdependence in the Mercosur economies is strong. The exchange rates demonstrate co-movement in the long run as … correlations. Our overall findings thus provide justification and optimism for deeper economic integration among Mercosur countries. …

This work identifies the main characteristics of trade flows between Colombia and Venezuela with MERCOSUR, with …

This paper aims at unveiling the roots of integration-induced trade effects for MERCOSUR. For this purpose, its … effects which are found for MERCOSUR en bloc, two results are central: Firstly, with sectoral exceptions, I generally identify …

years before the date of accession. MERCOSUR shows a similar pattern in progress, but NAFTA and EFTA are more idiosyncratic …