This study looks at the performance of livestock production in Uruguay and Paraguay, analyzing two situations with different implications for development: the displacement of livestock by soybean production as occurred in Uruguay and in the Eastern region of Paraguay, and the expansion of the...

Technical dependencies as well as data constraints limit our ability to allocate inputs across sectors and hence our ability to measure sectoral productivity. We adapt a directional measure of efficiency to the measurement of sector-specific productivity that does not require allocating all...

The MERCOSUR is an imperfect custom union whose Common External Tariff (CET) is lower than the one that each member applied before 1991. From 1990 to 1994 regional trade grew, and the patterns of trade changed. The aim of this paper is to analyze if the countries welfare and productive...

This paper analyzes non-competitive market conduct in the U.S. cattle procurement markets. Rather than relying on estimation of conduct parameters or measures of market concentration the analysis is based on the dynamics of price adjustment across regional markets. A VAR model is estimated using...

The impact of economic integration of the Southern Cone (MERCOSUR) and its effects on Argentinas, Brazil and Uruguay´s trade in dairy products are analyzed using a trade flow model. The model differentiates products by country of origin using an import demand that is determined in a two step...

During 1988 to 1994, sectors producing tradeable goods in Uruguay were faced to many changes in the regional markets as well as in both the trade and exchange polices. The aim of this paper is to analyse the extent up to which the above factors affected the pattern of manufacturing trade. In...