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Monetary union and productivity differences in mercosur countries
(Escola de Pós-Graduação em Economia da FGV, 2004-04-01)
This paper investigates cross-country productivity convergence among Mercosur members plus associates (Chile and Bolivia) and Peru, during the period 1960-1999. The testing strategy is based on the definitions of time-series ...
Output convergence in Mercosur: multivariate time series evidence
(Escola de Pós-Graduação em Economia da FGV, 2003-10-28)
The aim of this paper is to provide evidence on output convergence among the Mercosur countries and associates, using multivariate time-series tests. The methodology is based on a combination of tests and estimation ...