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

Author

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  • Felicitas Nowak-Lehmann D.

    (Ibero-America Institute for Economic Research of the University of Goettingen)

  • Inmaculada Martínez- Zarzoso
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.

Suggested Citation

  • Felicitas Nowak-Lehmann D. & Inmaculada Martínez- Zarzoso, 2004. "Would MERCOSUR´s Exports to the EU Profit from Trade Liberalisation? Some General Insights and a Simulation Study for Argentina," International Trade 0401002, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpit:0401002
    Note: Type of Document - Acrobat PDF; pages: 30; figures: included
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    References listed on IDEAS

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    7. Inmaculada Martinez-Zarzoso & Felicitas Nowak-Lehmann D., 2004. "Economic and Geographical Distance: Explaining Mercosur Sectoral Exports to the EU," Open Economies Review, Springer, vol. 15(3), pages 291-314, July.
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    More about this item

    Keywords

    MERCOSUR-EU trade; trade barriers; sectoral study; panel data;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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