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Regional Integration in Latin America - The Pacific Alliance a Way Ahead
Articles, Portuguese

The Creation of the Pacific Alliance and its Impacts for Mercosur

Abstract:
This paper examines the impacts of the trade liberalisation on production, trade and welfare among the Pacific Alliance (PA) and MERCOSUR members employing the computable general equilibrium Global Trade Analysis Project (GTAP). The results show that Chile and Mexico would benefit the most from the agreement due to an improvement in their terms of trade. The total welfare gains obtained for Chile reached US$ 230 million, while in Mexico they were US$ 75 million. MERCOSUR countries would be most negatively affected by the new bloc, with the larger welfare loss.

Resumo:
Este artigo examina os efeitos da liberalização comercial entre os países membros da Aliança do Pacífico (AP) e os países do MERCOSUL, por meio do modelo de equilíbrio geral computável Global Trade Analysis Project (GTAP), sobre a produção, comércio e bem-estar.

Os resultados apontaram que os maiores beneficiados com a formação da AP seriam Chile e México, devido à melhoria de seus termos de troca. Os ganhos de bem-estar do Chile chegaram a US$ 230 milhões, enquanto no México eles alcançaram US$ 75 milhões. O MERCOSUL seria o grupo de países mais prejudicado, em termos de bem-estar, com a criação da AP.

Authors: Aline Ribeiro de Oliveira and André Filipe Zago de Azevedo
Título em português: A Criação da Aliança do Pacífico e os Impactos para o Mercosul
Full document: Oliveira & ZAgo, A Criação da Aliança do Pacífico e os Impactos para o Mercosul

 

August 13, 2016by Ana Maria Palacio

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Hello my name is Ana Maria Palacio. I have a PhD from the University of Melbourne. This blog is about my thesis project, the Pacific Alliance.

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