IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Integración regional : ¿el crecimiento económico a través de la diversificación de exportaciones?

Listed author(s):
  • Gabriela Mordecki


    (Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Economia)

  • Matías Piaggio


    (Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Economia)

Regional integration is under discussion nowadays. In 1991, Argentina, Brazil, Paraguay and Uruguay created the MERCOSUR regional bloc, which was fully consolidated in 1995. The stabilization problems suffered by the region since 1999, asymmetry problems inside the bloc, the growth of commodities’ international prices and the country access to new markets, led Uruguay to re-discuss its international insertion, strengthening the idea of open regionalism. Uruguayan exports are little diversified, historically based on agricultural and basic products. This implied a poor export performance, concentrated in few products (commodities) with low technology and low-skilled labor. It also implied low dynamism and high volatility of exports income. Nevertheless, Uruguayan exports to the region (mainly Argentina and Brazil) have different characteristics from the ones destined to the rest of the world, especially, the high participation of manufactured exports without agricultural inputs. This paper analyses the determinants of Uruguayan manufactured exports without agricultural inputs to Argentina and Brazil (where they are principally destined). This was studied through a Vector Error Correction Model (VECM) including these exports to both countries, external demand and bilateral real exchange rates. The empirical analysis suggests that the external demand is the only determinant of this type of exports to the region, according to this model. This result implies that these exports depend only on Argentina and Brazil growth. Competitiveness seems not to be an important determinant for the performance of these exports to our neighbors.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Paper provided by Instituto de Economía - IECON in its series Documentos de Trabajo (working papers) with number 08-11.

in new window

Length: 26 pages
Date of creation: Aug 2008
Handle: RePEc:ulr:wpaper:dt-11-08
Contact details of provider: Postal:
Av. Gonzalo Ramirez 1926, CP 11200, Montevideo

Phone: (598) 2413-1007
Fax: (598) 2419-8727
Web page:

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:ulr:wpaper:dt-11-08. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Andrés Dean)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.