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By Jaime Behar

The essays integrated during this publication are the outcome ofseven years ofresearch spanning the 1990-1997 interval. such a lot of them were released in medical magazines or as chapters of books. To the tip of this version, and as a way to stay away from repetitions, the unique texts were transformed, rather in regards to the titles and introductions ofthe chapters. bankruptcy reproduces the item "Economic Integration and Intra-Industry exchange: The Case of the Argentine-Brazilian unfastened exchange Agreement", released within the magazine of universal Markets (vol XXIX, No five, pp. 527-552, sept. 1991). bankruptcy 3 originates from an empirical examine ready for UNIDO, the United countries business improvement association. The analytical framework and the initial conclusions of that paintings seemed in a operating paper "The MERCOSUR development of Intra-Industry exchange" (RP No seventy five, Stockholm: LAIS, 1997). bankruptcy 4 was once released with the name "Plant-size results ofTrade: The Case of MERCOSUR nations" as a bankruptcy of the ebook development alternate and Integration in Latin the US (W. Karlsson and A. Malaki (eds. ), Stockholm: LAIS, pp. 297-319, 1996). bankruptcy 5 in tum corresponds to the thing entitled "Measuring the results of financial Integration for the Southern Cone nations: Simulations of exchange Liberalization" as released within the constructing Economies (Vol. XXXIII, #1, pp. 1-31, mars 1995). eventually, bankruptcy six is the revised and up-to-date model of the paper awarded on the First eu Congress ofLatinamericanists, which happened at Salamanca, Spain in June 1996.

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It was also demonstrated that Argentine-Brazilian trade in capital goods was dominated by Brazilian exports of the most advanced varieties. In certain industries producing finished goods such as paints (5333), detergents (5542), and electrical appliances (7250), there is a greater likelihood of the high indices of intra-industry trade reflecting "true" cases of horizontal differentiation, in the sense of consumers' preference and differences in product attributes. Note, however, that the indices in the table refer to multilateral flows.

The products that showed the greatest decline include metallic and non-metallic minerals. Note, finally, the limited significance of consumer goods such as garments, cosmetics, footwear and furniture in intra-MERCOSUR trade. 2 Measurement Problems The measurement of intra-industry trade has been at the center of an intense debate in the literature on the subject (Greenaway and Milner, 1986). One of the most controversial issues concerns those problems of a statistical nature, which are related to the defmition of an industry and referred to as categorical aggregation.

3. Percentage distribution of intra-MERCOSUR exports. 27 (17) Instruments, watches, etc. 94 (18) Soaps, detergents, etc. 48 (23) Sanitary plumbing, etc. 3 provides a complementary picture of the changes that have taken place in the structure of intra-MERCOSUR trade, focusing this time on regional exports. Products have been ranked according to the size of their share in exports for 1990. The figures in brackets indicate the corresponding rank for the product in each year. As can be observed, intermediate and capital goods such as electrical and non-electrical machinery as well as transportation equipment figure among the products that ranked the highest for all years.

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