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This paper analyses the determinants of Uruguayan manufactured exports without agricultural inputs to Argentina and Brazil (where they are principally destined). This was studied through a Vector Error Correction Model (VECM) including these exports to both countries, external demand and...
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The article reflects on the roll that has the European Union like cohesion factor, considering that the relations are not limited the commercial plane in a context in which the Andean Community of Nations has had difficulties not only in its process of internal consolidation, but also to forge a...
Persistent link: https://www.econbiz.de/10008461081
The intensity of trade among countries belonging to the same region depends not only on the existence and effectiveness … of a regional integration agreement, but also on other factors, which include the overall trade policy orientation and … the relative level of geo-graphic and economic barriers affecting intra- and extra-regional trade. After presenting a set …
Persistent link: https://www.econbiz.de/10008462044
Has MERCOSUR's trade performance to date provided strong evidence that it has encouraged inefficient trade flows … between its members? This paper evaluates the methodology suggested by Yeats (1997, 1998) to study trade flows within MERCOSUR … fostering trade diversion (the replacement of efficiently produced goods from outside the arrangement by inefficiently produced …
Persistent link: https://www.econbiz.de/10005780964
sub-Saharan Africa. In this context the increasing south-south cooperation’s, specific transregional free trade agreements … enterprises. As a consequence the growing relevance of these regions in the global trade and business due to its strong economical …
Persistent link: https://www.econbiz.de/10010900847
This paper provides an overview of trade reform in the West African Economic and Monetary Union (WAEMU) since 1996 and … a quantitative assessment of potential effects on trade patterns and tariff revenue of the current reform agenda …. Despite evidence of significant trade complementarities within WAEMU, implementation of the union's current trade regime still …
Persistent link: https://www.econbiz.de/10005825805