Impacts of FTAA and MERCOEURO on agribusiness in the MERCOSUL countries
Focusing on changes in agricultural policy, this paper examines the economic impacts on MERCOSUL member country economies arising from the creation of the Free Trade Area of the Americas (FTAA) and a free trade area between MERCOSUL and the European Union (MERCOEURO). Four simulations are run using...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Sociedade Brasileira de Economia e Sociologia Rural
2003-06-01
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| Series: | Revista de Economia e Sociologia Rural |
| Subjects: | |
| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0103-20032003000200001 |
| _version_ | 1818526056943976448 |
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| author | Luiz A. Cypriano Erly C. Teixeira |
| author_facet | Luiz A. Cypriano Erly C. Teixeira |
| author_sort | Luiz A. Cypriano |
| collection | DOAJ |
| description | Focusing on changes in agricultural policy, this paper examines the economic impacts on MERCOSUL member country economies arising from the creation of the Free Trade Area of the Americas (FTAA) and a free trade area between MERCOSUL and the European Union (MERCOEURO). Four simulations are run using the Global Trade Analysis Project’s (GTAP) applied general equilibrium model. The results suggest these new trade alliances would cause an increase in MERCOSUL agribusiness production and a decrease in MERCOSUL manufactures production. In all simulations, agricultural trade flows are greatly altered and the exportation of MERCOSUL agribusiness products expands. However, the MERCOSUL countries experience overall economic growth in only the MERCOEURO scenarios. The elimination of agriculture production and export subsidies by members of the North American Free Trade Area (NAFTA) and European Union (E.U.) would have strong economic impacts on the economies of MERCOSUL countries. |
| first_indexed | 2024-12-11T06:17:45Z |
| format | Article |
| id | doaj.art-9b0defd4701441b4808a82ba20a0dbee |
| institution | Directory Open Access Journal |
| issn | 0103-2003 1806-9479 |
| language | English |
| last_indexed | 2024-12-11T06:17:45Z |
| publishDate | 2003-06-01 |
| publisher | Sociedade Brasileira de Economia e Sociologia Rural |
| record_format | Article |
| series | Revista de Economia e Sociologia Rural |
| spelling | doaj.art-9b0defd4701441b4808a82ba20a0dbee2022-12-22T01:17:55ZengSociedade Brasileira de Economia e Sociologia RuralRevista de Economia e Sociologia Rural0103-20031806-94792003-06-0141232334310.1590/S0103-20032003000200001Impacts of FTAA and MERCOEURO on agribusiness in the MERCOSUL countriesLuiz A. CyprianoErly C. TeixeiraFocusing on changes in agricultural policy, this paper examines the economic impacts on MERCOSUL member country economies arising from the creation of the Free Trade Area of the Americas (FTAA) and a free trade area between MERCOSUL and the European Union (MERCOEURO). Four simulations are run using the Global Trade Analysis Project’s (GTAP) applied general equilibrium model. The results suggest these new trade alliances would cause an increase in MERCOSUL agribusiness production and a decrease in MERCOSUL manufactures production. In all simulations, agricultural trade flows are greatly altered and the exportation of MERCOSUL agribusiness products expands. However, the MERCOSUL countries experience overall economic growth in only the MERCOEURO scenarios. The elimination of agriculture production and export subsidies by members of the North American Free Trade Area (NAFTA) and European Union (E.U.) would have strong economic impacts on the economies of MERCOSUL countries.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0103-20032003000200001FTAAMERCOEUROAgribusinessMERCOSULGTAP |
| spellingShingle | Luiz A. Cypriano Erly C. Teixeira Impacts of FTAA and MERCOEURO on agribusiness in the MERCOSUL countries Revista de Economia e Sociologia Rural FTAA MERCOEURO Agribusiness MERCOSUL GTAP |
| title | Impacts of FTAA and MERCOEURO on agribusiness in the MERCOSUL countries |
| title_full | Impacts of FTAA and MERCOEURO on agribusiness in the MERCOSUL countries |
| title_fullStr | Impacts of FTAA and MERCOEURO on agribusiness in the MERCOSUL countries |
| title_full_unstemmed | Impacts of FTAA and MERCOEURO on agribusiness in the MERCOSUL countries |
| title_short | Impacts of FTAA and MERCOEURO on agribusiness in the MERCOSUL countries |
| title_sort | impacts of ftaa and mercoeuro on agribusiness in the mercosul countries |
| topic | FTAA MERCOEURO Agribusiness MERCOSUL GTAP |
| url | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0103-20032003000200001 |
| work_keys_str_mv | AT luizacypriano impactsofftaaandmercoeuroonagribusinessinthemercosulcountries AT erlycteixeira impactsofftaaandmercoeuroonagribusinessinthemercosulcountries |