The paper analyses the efficiency and the distributional effects of eliminating a tariff in a protected sector, in a Heckscher-Ohlin model of trade with costs of adjustment. The tariff can be eliminated at the onset or after a while. In case of postponing it the government may pre-announce the...

The ratio of skilled-to-unskilled labour stocks in the economy is widely acknowledged to have an important role for development. Can education policy affect the evolution of this ratio? This paper shows that it can: it also shows that the effect of education policy, for a given budget size,...

The configuration of new regional blocs within the framework of international trade relations has meant the incorporation of aspects linked to cooperation in negotiating association and free trade agreements. Relations between the European Union and MERCOSUR are registered in the field of...

This paper does not set out to explore the broader motives behind this new wave of regionalism. Rather, it seeks to draw on the ideas reflected in the abundant literature on the topic to describe the genesis and evolution of a specific trade bloc: the Mercado Común del Sur (mercosur).1 This...

The focus of this paper is different and is also a by-product of the globalization process. As the range of economic activities in the international economy expands, the themes that require necessary consideration in trade agreements also grow. The extension of the set of economic activities in...

This paper studies the pattern of trade specialization (PTE) of Uruguay and the dynamics that characterized it throughout the last twenty years. From a descriptive analysis of the PTE is used the methodological framework of the product space developed by Haussman et al (2007) to site Uruguay in...

The process of globalization has produced a strong transformation of the international economy in recent decades, to increase the spectrum of economic activity that is likely to be traded between countries. Technological change and other factors that affect the costs of trade have led to new...

Mechanisms for sharing the common tariff revenue in a customs union have received little attention in the literature (Syropoulus, 2003). Comparative analyses show that in past and current customs unions two main mechanisms are been used: generals rules and common funds. In this paper, a new...

The objective of this document is to describe the experience of MERCOSUR countries with respect to the managment of trade remedy measures (anti-dumping duties, countervaling duties and safeguards). For each member country, the institutional framework of these three mecanisms and its utilization...