Resource Center

Advanced Search
Technical Papers
Working Papers
Research Memoranda
GTAP-L Mailing List
GTAP FAQs
CGE Books/Articles
Important References
Submit New Resource

GTAP Resources: Resource Display

GTAP Resource #1017

"Impacts of AFTA and MERCOEURO on Agribusiness in the MERCOSUL Countries"
by Teixeira, Erly, Luiz Cypriano and Wildson Justiniano Pinto


Abstract
Two new opportunities to create free trade areas are open to the MERCOSUL member countries. One free trade area, AFTA, is made up of the countries forming MERCOSUL, NAFTA, and the other countries of the Americas; the second, MERCOEURO, is made up of the countries forming MERCOSUL and the European Union. Both NAFTA and the European Union, two very large economic blocks, allow their member countries to subsidize agriculture production and exports. Focusing on changes in agricultural policy, this paper examines the economic impacts on MERCOSUL member country economies arising from the creation of AFTA and of MERCOEURO. Four simulations are run using the Global Trade Analysis Project?s (GTAP) applied general equilibrium model. The results suggest that these new trade alliances would cause a slight increase in MERCOSUL agribusiness production. In all scenarios, agricultural trade flows are greatly altered while manufactures? production suffers a small negative impact. Economic growth increases the most in the MERCOEURO scenarios, and the elimination of agriculture production and export subsidies by NAFTA and E.U. has only a small economic impact on the MERCOSUL member countries.
Key words: AFTA, MERCOEURO, Agribusiness, GTAP


Resource Details (Export Citation) GTAP Keywords
Category: GTAP Application
2002 Conference Paper
Status: Published
By/In: Presented at the 5th Annual Conference on Global Economic Analysis, Taipei, Taiwan
Date: 2002
Version:
Created: Teixeira, E. (4/29/2002)
Updated: Bacou, M. (7/16/2002)
Visits: 2,276
- South America


Attachments
If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.


Public Access
  File format ErlyTaiwan   (294.2 KB)   Replicated: 0 time(s)
  File format GTAP Resource 1017   (294.2 KB)   Replicated: 0 time(s)


Restricted Access
No documents have been attached.


Special Instructions
No instructions have been specified.


Comments (0 posted)
You must log in before entering comments.

No comments have been posted.