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  • Latín American Journal of Economics
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  • Pontificia Universidad Católica de Chile
  • Latín American Journal of Economics
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ECONOMIC IMPACT OF FREER TRADE IN LATIN AMERICA AND THE CARIBBEAN: A GTAP ANALYSIS

Author
MUKHOPADHYAY,KAKALI

THOMASSIN,PAUL J

CHAKRABORTY,DEBESH

Full text
https://scielo.conicyt.cl/scielo.php?script=sci_arttext&pid=S0719-04332012000200001
Abstract
The recent worldwide economic conditions resulting from the financial crisis call for greater cooperation. This paper assesses the impact of trade reforms between Latin America and the Caribbean (LAC) and India and LAC and the EU (European Union) at 2020 using a global computable general equilibrium (CGE) model. The findings show that LAC-EU tariff reduction appears to be beneficial for both regions in the short run, though not so in the long run, while the LAC-India tariff reduction impact appears to be more beneficial for both economies in the long run. This important finding emphasizes the scope and opportunities for south-south cooperation in the long run.
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Artes, Arquitectura y UrbanismoCiencias Agrarias, Forestales y VeterinariasCiencias Exactas y NaturalesCiencias SocialesDerechoEconomía y AdministraciónFilosofía y HumanidadesIngenieríaMedicinaMultidisciplinarias
Institutions
Universidad de ChileUniversidad Católica de ChileUniversidad de Santiago de ChileUniversidad de ConcepciónUniversidad Austral de ChileUniversidad Católica de ValparaísoUniversidad del Bio BioUniversidad de ValparaísoUniversidad Católica del Nortemore

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