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Would MERCOSUR’s Exports to the EU Profit from Trade Liberalisation? Some General Insights and a Simulation Study for Argentina

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Author Info
Felicitas Nowak-Lehmann D. () (Department of Economics, Uiversity of Goettingen)
Inmaculada Martínez Zarzoso

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Abstract

In this study, MERCOSUR\'s past exports to the EU under the protectionist environment of the period between 1988 and 1996 are examined and an attempt is made to determine MERCOSUR\'s exports\' growth potential in a liberalised EU market. A sectoral study is considered indispensable since tariff and non-tariff trade barriers vary strongly among sectors. The influence of the macroeconomic environment on MERCOSUR\'s exports is examined in a dynamic panel analysis. A simulation study based on a quite comprehensive evaluation of EU trade barriers is performed for the Argentinean case in order to evaluate the impact of EU trade liberalisation.

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Publisher Info
Paper provided by Ibero-America Institute for Economic Research in its series Ibero America Institute for Econ. Research (IAI) Discussion Papers with number 092.

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Length: 31
Date of creation: 01 May 2003
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Handle: RePEc:got:iaidps:092

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Related research
Keywords: MERCOSUR-EU trade trade barriers sectoral study panel data;

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Find related papers by JEL classification:
F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
F14 - International Economics - - Trade - - - Country and Industry Studies of Trade
C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data

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  1. Inmaculada Martínez-Zarzoso & Felicitas Nowak-Lehmann D., 2003. "Explaining MERCOSUR sectoral exports to the EU: The role of economic and geographical distance," International Trade 0309025, EconWPA. [Downloadable!]
  2. Finger, J. Michael & Nogues, Julio J., 2001. "The unbalanced Ururguay Round outcome : the new areas in future WTO negotiations," Policy Research Working Paper Series 2732, The World Bank. [Downloadable!]
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  3. J. Michael Finger, 2001. "Implementing the Uruguay Round Agreements: Problems for Developing Countries," The World Economy, Blackwell Publishing, vol. 24(9), pages 1097-1108, 09. [Downloadable!] (restricted)
  4. Yeats, Alexander J, 1998. "Does Mercosur's Trade Performance Raise Concerns about the Effects of Regional Trade Arrangements?," World Bank Economic Review, Oxford University Press, vol. 12(1), pages 1-28, January.
  5. Goldstein, Morris & Khan, Mohsin S, 1978. "The Supply and Demand for Exports: A Simultaneous Approach," The Review of Economics and Statistics, MIT Press, vol. 60(2), pages 275-86, May. [Downloadable!] (restricted)
  6. Baltagi, Badi H. & Boozer, Michael A., 1997. "Econometric Analysis of Panel Data," Econometric Theory, Cambridge University Press, vol. 13(05), pages 747-754, October. [Downloadable!]
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