JACOBO ALEJANDRO DAMIÁN
Artículos
Título:
Un panorama sobre el comercio y su dinámica en el MERCOSUR: 1991-2012
Revista:
Anales de Economía Aplicada
Editorial:
Delta Publicaciones
Referencias:
Lugar: Madrid; Año: 2014 vol. 1
ISSN:
2174-3088
Resumen:
his paper briefly describes the trade dynamism of the four founding members of the Southern Common Market (MERCOSUR) during 1991-2012. The trade openness ratio, the intraregional trade index and the Herfindahl-Hirschmann index show that the countries reached higher levels of openness during 2002-2012, the intraregional trade was more intense in the first decade than in the second, and the diversification of exports by country of destination has increased since 2001. Using the Krugman and the Grubel-Lloyd indexes disaggregated by sectors, the paper finds a decline in the trade complementarity between Argentina and Brazil and a convergence of the complemenatarity of both countries with Germany and Spain to similar levels. Although the increase in intra-industry trade observed between Argentina and Brazil for major manufacturing categories is consistent with the hypothesis of diversification, the decrease of intra-industry trade with European partners would suggest that diversification d