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Trade liberalization and industry: what to expect and what we have been getting

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  • Mauricio Mesquita Moreira
  • Paulo Guilherme Correa

Abstract

The aim of this paper is to assess the impact of trade liberalization on the Brazilianmanufacturing industry over the 1989-96 period. To this end, a series of indicators wasbuilt which shed light on the technical efficiency and allocational effects of the liberalization.The results obtained suggest that the impacts were, in general, positive and consistent withboth predictions of the literature of the international trade and the pattern of Brazil’s industrialization.Yet, they also point to a number of challenges to be faced by State, particularly,with regard to the imperfections that affect international trade in manufacturing and thatthreaten the gains from trade. JEL Classification: F14; F60

Suggested Citation

  • Mauricio Mesquita Moreira & Paulo Guilherme Correa, 1997. "Trade liberalization and industry: what to expect and what we have been getting," Brazilian Journal of Political Economy, Center of Political Economy, vol. 17(2), pages 225-257.
    • Handle: RePEc:ekm:repojs:v:17:y:1997:i:2:p:225-257:id:1167
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    Keywords

    Trade liberalization; globalization;

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F60 - International Economics - - Economic Impacts of Globalization - - - General

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