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Política comercial y política de infraestructura: un ejercicio de simulación de los impactos regionales en el MERCOSUR

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  • María Inés Terra
  • Marcel Vaillant

Abstract

A major feature in Mercosur agreement is the presence of asymmetries among members, in terms of size as well as in development of regions involved. This is one key issue for the success of the process of integration. This paper analyses the regional impacts of trade policies, based on a general equilibrium model of economic geography adapted from Krugman (1996). The scope of the integrating process was analysed through three dimensions of the policy: tariffs remotion, reduction of boarder costs, and infra-structure policy. Based on this instruments eight scenarios were constructed, under different assumptions for factor mobility. The results from the experiments carried out show that the outcome of the integrating process is closely linked to the companion set of policies, that is, regional disparities can be attenuated or exacerbating by timing and intensity of different policy measures.

Suggested Citation

  • María Inés Terra & Marcel Vaillant, 1998. "Política comercial y política de infraestructura: un ejercicio de simulación de los impactos regionales en el MERCOSUR," Documentos de Trabajo (working papers) 0797, Department of Economics - dECON.
    • Handle: RePEc:ude:wpaper:0797
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    File URL: https://hdl.handle.net/20.500.12008/2310
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    Cited by:

    1. Gerardo Caetano & Marcel Vaillant, 2004. "¿Qué MERCOSUR y qué Uruguay se necesitan? Apuntes para entender requerimientos recíprocos," Documentos de Trabajo (working papers) 1504, Department of Economics - dECON.
    2. Marta Castilho & Soledad Zignago, 2000. "Commerce et IDE dans un cadre de régionalisation. Le cas du Mercosur," Revue Économique, Programme National Persée, vol. 51(3), pages 761-774.
    3. Vaillant, Marcel, 2005. "Asymmetries and Disparities in the Economic Integration of a South-South Customs Union," IDB Publications (Working Papers) 2925, Inter-American Development Bank.

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