Mercosul: gainsfrom regional integration and exchange rate regimes
This paper assesses the impacts of the Mercosul Preferential Trade Agreement on Brazil's regions and their industries between 1990 and 2000 by means of a gravity model, extended to include dummy variables for Mercosul, for a Brazilian region and for a industry within a region. The results show...
| Main Authors: | , |
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| Format: | Article |
| Language: | Portuguese |
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Universidade de São Paulo
2002-08-01
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| Series: | Economia Aplicada |
| Subjects: | |
| Online Access: | https://www.revistas.usp.br/ecoa/article/view/220042 |
| _version_ | 1797396921364512768 |
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| author | Paulo C. de Sá Porto Otaviano Canuto |
| author_facet | Paulo C. de Sá Porto Otaviano Canuto |
| author_sort | Paulo C. de Sá Porto |
| collection | DOAJ |
| description |
This paper assesses the impacts of the Mercosul Preferential Trade Agreement on Brazil's regions and their industries between 1990 and 2000 by means of a gravity model, extended to include dummy variables for Mercosul, for a Brazilian region and for a industry within a region. The results show significant positive impacts between 1990 to 1998 to all ofBrazil's regions, specially the Southern and Southeastern regions. It also shows that the change in the exchange rate regime in Brazil in January 1999 has not reverted the changes in trade biases created in the previous period, with the latter remaining at significantly high levels. The same results were observed for most ofthe sectors within the regions, i.e., their trade biases with Mercosul countries increased from 1990 to 1998 but fell in 2000, although to levels still higherthan 1994 levels. This was specially true for those sectors where trade is managed within the bloc. For the sectors where this condition did not prevail, the drop in its trade bias was more pronounced for all regions.
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| first_indexed | 2024-03-09T00:58:22Z |
| format | Article |
| id | doaj.art-416ba0e685884dcf87a3f046095486e3 |
| institution | Directory Open Access Journal |
| issn | 1413-8050 1980-5330 |
| language | Portuguese |
| last_indexed | 2024-03-09T00:58:22Z |
| publishDate | 2002-08-01 |
| publisher | Universidade de São Paulo |
| record_format | Article |
| series | Economia Aplicada |
| spelling | doaj.art-416ba0e685884dcf87a3f046095486e32023-12-11T16:15:46ZporUniversidade de São PauloEconomia Aplicada1413-80501980-53302002-08-0164Mercosul: gainsfrom regional integration and exchange rate regimesPaulo C. de Sá Porto0Otaviano Canuto1Faculdades de CampinasFaculdades de Campinas This paper assesses the impacts of the Mercosul Preferential Trade Agreement on Brazil's regions and their industries between 1990 and 2000 by means of a gravity model, extended to include dummy variables for Mercosul, for a Brazilian region and for a industry within a region. The results show significant positive impacts between 1990 to 1998 to all ofBrazil's regions, specially the Southern and Southeastern regions. It also shows that the change in the exchange rate regime in Brazil in January 1999 has not reverted the changes in trade biases created in the previous period, with the latter remaining at significantly high levels. The same results were observed for most ofthe sectors within the regions, i.e., their trade biases with Mercosul countries increased from 1990 to 1998 but fell in 2000, although to levels still higherthan 1994 levels. This was specially true for those sectors where trade is managed within the bloc. For the sectors where this condition did not prevail, the drop in its trade bias was more pronounced for all regions. https://www.revistas.usp.br/ecoa/article/view/220042Mercosulregional development and Gravity Model |
| spellingShingle | Paulo C. de Sá Porto Otaviano Canuto Mercosul: gainsfrom regional integration and exchange rate regimes Economia Aplicada Mercosul regional development and Gravity Model |
| title | Mercosul: gainsfrom regional integration and exchange rate regimes |
| title_full | Mercosul: gainsfrom regional integration and exchange rate regimes |
| title_fullStr | Mercosul: gainsfrom regional integration and exchange rate regimes |
| title_full_unstemmed | Mercosul: gainsfrom regional integration and exchange rate regimes |
| title_short | Mercosul: gainsfrom regional integration and exchange rate regimes |
| title_sort | mercosul gainsfrom regional integration and exchange rate regimes |
| topic | Mercosul regional development and Gravity Model |
| url | https://www.revistas.usp.br/ecoa/article/view/220042 |
| work_keys_str_mv | AT paulocdesaporto mercosulgainsfromregionalintegrationandexchangerateregimes AT otavianocanuto mercosulgainsfromregionalintegrationandexchangerateregimes |