We evaluate the potential dynamic effects of MERCOSUR on the Argentinean economy. Two approaches, already used with other regional integration agreements, are applied for measuring medium and long-term effects. Special care has been taken in separating intra from extra zone effects. All...

La técnica dominante de estimación de la ecuación gravitacional ha impedido su uso parahacer análisis de equilibrio general. En este artículo desarrollamos un modelo de equilibriogeneral computable basado en el modelo pionero de Anderson y van Wincoop (2003) paraestudiar el impacto de los...

This paper analyses the determinants of intra-industry trade (CININ), vertical (CININV) and horizontal (CININH), inside the commercial relationship between Mexico and United States, in the period 1985-2006, for 22 industries, employing Adjusted Grubel-Lloyd and Kojima indices. Estimations...

The trade of the Republic of Moldova in a large extent depends on the exports and imports to/from the European Union. The EU enlargement phenomenon is placing the Republic of Moldova on a favorable position, if speaking about the negotiation of the terms and conditions for goods and services...

How does firm strategy to produce basic innovation respond to international trade? Given the importance of basic innovation for economic growth and welfare, better understanding of this question is essential. In this vein we combine patent, firm, product, and trade data to show that when...

This paper analyzes recent economic and diplomatic relations between Peru and Asia, with emphasis on China, Japan and the Republic of Korea. In the last decade, Peru has experienced remarkable economic growth, driven by global demand for its minerals and other natural resources, combined with...

For nearly two decades, growth of international trade has been underpinned by the development of intermediate goods cross exchanges resulting from a new international division of labour. The share of trade in inputs, also called vertical trade, has dramatically increased. Simultaneously, there...

For nearly two decades, the share of trade in inputs, also called vertical trade, has dramatically increased. This paper suggests a new measure of international trade: “value-added trade”. Like many existing estimates, “value-added trade” is net of double-counted vertical trade. It also...

This paper discusses on how to facilitate paperless trade for international supply chain integration in the Asia and Pacific region. The paper defines paperless trade and describes how paperless trade can improve efficiency of international supply chain, including its economic benefits. Based on...