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dc.contributor.authorFlôres Junior, Renato Galvão
dc.date.accessioned2018-10-25T18:23:39Z
dc.date.available2018-10-25T18:23:39Z
dc.date.issued1997
dc.identifierhttps://www.scopus.com/inward/record.uri?eid=2-s2.0-0031068513&doi=10.1016%2f0161-8938%2895%2900139-5&partnerID=40&md5=485bad58e8f31407fac8fbbbd98a5a45
dc.identifier.issn0161-8938
dc.identifier.urihttp://hdl.handle.net/10438/25293
dc.description.abstractThis paper presents general equilibrium evaluations of the MERCOSUL. Three scenarios are examined, varying from increased world regionalism to an optimistic multilateral situation. Welfare gains are significant for Uruguay, somewhat less for Argentina, and also present in Brazil. Uruguay is less vulnerable to the world environment; Argentina, on the contrary, profits much from the union and multilateralism. MERCOSUL exports rise for all sectors, and, under all scenarios, chemicals imports increase; the EU and NAFTA are equally important trade partners. Consumers gain even in sectors with modest trade diversion, though the number of firms decreases in all sectors but cars. Sensitivity analyses that raise results for Argentina depend on how Brazil engages in the integration. They also point that a 'smaller Brazil' leaves everyone worse off. Complementarity, either for Argentina and Brazil or for Argentina and Uruguay, seems the likely outcome of MERCOSUL. Though the pattern of gains is clear for Uruguay, a deeper analysis is needed to identify, for Argentina and Brazil, other key areas. © Society for Policy Modeling, 1997.eng
dc.language.isoeng
dc.publisherElsevier
dc.relation.ispartofseriesJournal of Policy Modeling
dc.sourceScopus
dc.titleThe gains from MERCOSUL: a general equilibrium, imperfect competition evaluationeng
dc.typeArticle (Journal/Review)eng
dc.subject.areaEconomiapor
dc.contributor.unidadefgvEscolas::EPGEpor
dc.subject.bibliodataMERCOSUL (Organização)por
dc.subject.bibliodataDesenvolvimento econômico - Países do Mercosulpor
dc.contributor.affiliationFGV
dc.identifier.doi10.1016/0161-8938(95)00139-5
dc.rights.accessRightsrestrictedAccesseng
dc.identifier.scopus2-s2.0-0031068513


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