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Acordo De Livre Comércio Mercosul - União Européia: Uma Estimativa Dos Impactos No Comércio Brasileiro

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  • Honorio Kume
  • Guida Piani
  • Pedro Miranda
  • Marta Castilho

Abstract

In May 2004, the Mercosur and the European Union made their last offers in their negotiations for trade liberalization aiming to reach a Free Trade Agreement in the near future. In this paper the authors intend to evaluate the impacts of both offers on the Brazilian foreign trade. The estimated results indicate additional exports of 947 million dollars, 40% of which consisting of sales of just one product: ethanol. Nevertheless, the increase in ethanol exports depends on changes in demand provoked by the implementation of a new environmental policy in the European Union. The additional Brazilian imports were estimated in 1,3 billion dollars. The analysis shows that the on going negotiations on goods clearly involve two different agreements: one of an ambitious liberalization for industrialized products and another of a quite restricted liberalization for agricultural processed goods. The unbalanced results would probably worsen if the service sector had been included in the analysis.

Suggested Citation

  • Honorio Kume & Guida Piani & Pedro Miranda & Marta Castilho, 2004. "Acordo De Livre Comércio Mercosul - União Européia: Uma Estimativa Dos Impactos No Comércio Brasileiro," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting] 082, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    • Handle: RePEc:anp:en2004:082
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    File URL: http://www.anpec.org.br/encontro2004/artigos/A04A082.pdf
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    References listed on IDEAS

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    1. Bernard Hoekman & Francis Ng & Marcelo Olarreaga, 2002. "Eliminating Excessive Tariffs on Exports of Least Developed Countries," The World Bank Economic Review, World Bank, vol. 16(1), pages 1-21, June.
    2. Grilli,Enzo R., 1993. "The European Community and the Developing Countries," Cambridge Books, Cambridge University Press, number 9780521385114, January.
    3. Gallaway, Michael P. & McDaniel, Christine A. & Rivera, Sandra A., 2003. "Short-run and long-run industry-level estimates of U.S. Armington elasticities," The North American Journal of Economics and Finance, Elsevier, vol. 14(1), pages 49-68, March.
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    Cited by:

    1. Honório Kume & Guida Piani & Pedro Miranda, 2005. "Índia-Mercosul: Perspectivas de um Acordo de Preferências Comerciais," Discussion Papers 1120, Instituto de Pesquisa Econômica Aplicada - IPEA.
    2. Marie Gabrielle Piketty & Lucie Weissleder & Hildo Meirelles De Souza Filho & Mário Otávio Batalha & Marcel Adenäuer & Arno Becker, 2009. "Assessing agricultural trade policies options with the European Union: a Brazilian perspective," Agricultural Economics, International Association of Agricultural Economists, vol. 40(4), pages 447-457, July.
    3. De Almeida, Eduardo Simoes & Guilhoto, Joaquim, 2006. "O Custo De Transporte Como Barreira Ao Comércio Na Integração Econômica: O Caso Do Nordeste," 44th Congress, July 23-27, 2006, Fortaleza, Ceará, Brazil 146589, Sociedade Brasileira de Economia, Administracao e Sociologia Rural (SOBER).

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    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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