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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/900| Title: | MERCOSUR: A new approach to regional integration? |
| Authors: | The purpose of this paper is to empirically analize the economic potential associated with MERCOSUR. Simple import share analysis indicates increasing trade flows between the member states; ex post income elasticities of import demand fail to detect a clear pattern. Estimates of technological specialization reveal a great potential for intra-industry trade between member states. The most important challenge to MERCOSUR seems to be the still uncertain ability of member states to sustain macroeconomic stabilization in the long run. |
| Keywords: | ddc:330 Wirtschaftsunion Industriegüteraußenhandel Wirtschaftliche Anpassung MERCOSUR-Staaten |
| Issue Date: | 16-Oct-2013 |
| Publisher: | Kiel Institute for the World Economy (IfW) Kiel |
| Description: | The purpose of this paper is to empirically analize the economic potential associated with MERCOSUR. Simple import share analysis indicates increasing trade flows between the member states; ex post income elasticities of import demand fail to detect a clear pattern. Estimates of technological specialization reveal a great potential for intra-industry trade between member states. The most important challenge to MERCOSUR seems to be the still uncertain ability of member states to sustain macroeconomic stabilization in the long run. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/900 |
| Other Identifiers: | http://hdl.handle.net/10419/900 ppn:21389162X |
| Appears in Collections: | EconStor |
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