연구정보
[경제] Working Papers. 2023. A highway across the Atlantic? Trade and welfare effects of the EU-Mercosur agreement
중동부유럽 일반 국외연구자료 연구보고서 - Bank of Spain 발간일 : 2020-07-23 등록일 : 2020-09-02 원문링크
In this paper we analyze the EU-Mercosur agreement and predict its effects on trade and welfare using a general equilibrium structural gravity model. First, we estimate the increase in trade fl ows generated by trade agreements that are similar to the EU-Mercosur one, in a partial equilibrium setting. In a second step, the estimated increase in trade is mapped into reductions in bilateral trade costs and imputed to EU-Mercosur country pairs to compute the general equilibrium effects of the agreement in terms of trade creation, trade diversion, and welfare effects. Our results indicate that the EU-Mercosur agreement is likely to have a positive impact on trade and welfare of both regional blocs, although with substantial heterogeneity both between and within the two areas.
본 페이지에 등재된 자료는 운영기관(KIEP) 및 EMERiCs의 공식적인 입장을 대변하고 있지 않습니다.
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