By Jaime Behar
The essays integrated during this e-book are the outcome ofseven years ofresearch spanning the 1990-1997 interval. so much of them were released in medical magazines or as chapters of books. To the tip of this version, and so that it will stay away from repetitions, the unique texts were changed, really in regards to the titles and introductions ofthe chapters. bankruptcy reproduces the object "Economic Integration and Intra-Industry alternate: The Case of the Argentine-Brazilian unfastened alternate Agreement", released within the magazine of universal Markets (vol XXIX, No five, pp. 527-552, sept. 1991). bankruptcy 3 originates from an empirical research ready for UNIDO, the United countries commercial improvement association. The analytical framework and the initial conclusions of that paintings seemed in a operating paper "The MERCOSUR trend of Intra-Industry exchange" (RP No seventy five, Stockholm: LAIS, 1997). bankruptcy 4 used to be released with the identify "Plant-size results ofTrade: The Case of MERCOSUR nations" as a bankruptcy of the booklet progress alternate and Integration in Latin the USA (W. Karlsson and A. Malaki (eds. ), Stockholm: LAIS, pp. 297-319, 1996). bankruptcy 5 in tum corresponds to the thing entitled "Measuring the results of monetary Integration for the Southern Cone nations: Simulations of exchange Liberalization" as released within the constructing Economies (Vol. XXXIII, number one, pp. 1-31, mars 1995). ultimately, bankruptcy six is the revised and up to date model of the paper provided on the First ecu Congress ofLatinamericanists, which came about at Salamanca, Spain in June 1996.
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Additional info for Cooperation and Competition in a Common Market: Studies on the Formation of MERCOSUR
Example text
Cline used the MOS estimates stated in two studies from the 1970s, Pratten (1975) and Scherer et al. (1975). Estimates used in this paper have been taken from a recent review article (Pratten, 1988). Still most of these are for years before to 1985 and, in some cases they are precisely those used by Cline in his study. This qualifies our (and also Cline's) estimation procedure since, as it is generally acknowledged, the size of the MOS tends to increase over time. I I Our results reinforce Cline's conclusion that the Brazilian market is large enough to reach MOS for most products.
07 (+)Specific Pattern 24 Industrial Adjustment, Product Differentiation and Economies of Scale Another large group of industries in the table is composed of industries exhibiting a specific pattern of bilateral trade. In the case of industries numbered 8743 and 7431, both the level of intra-industry trade and the direction of specialization in Argentina's trade with both developed and developing countries suggest the same pattern as before, that is, that Argentina exports the less advanced variety and imports the more advanced variety.
This trend was reversed in 1989, basically as a result of the implementation of the PICEAB agreement described in Chapter 2, the serious Argentine recession of that year which seriously restricted imports and the reactivation of the Brazilian economy. The fact is, however, that the persistence of that deficit during the relevant period created incertitude about the future of the integration project. Not only because of the cyclical effects on Argentina's balance of payments I, but more importantly, because of the reaction of the sectors most directly affected.