Integração monetária no Mercosul: ganhos com menores custos de transação?

The reduction of transaction costs is one of the most cited benefits of a currency union. This paper aims to calculate the amount of transaction costs that could be saved by the Brazilian economy after the adoption of a single currency in Mercosur. The results point to savings, in present value term...

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Detalles Bibliográficos
Autores: Chagas, Leonardo, Baumann, Renato
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2007
País:Brasil
Institución:Universidade de São Paulo (USP)
Repositorio:Economia Aplicada
Idioma:portugués
OAI Identifier:oai:revistas.usp.br:article/944
Acceso en línea:https://www.revistas.usp.br/ecoa/article/view/944
Access Level:acceso abierto
Palabra clave:integração regional
áreas preferenciais de comércio
uniões monetárias
Mercosul
custos de transação
regional integration
preferential trade areas
currency unions
Mercosur
transaction costs
Descripción
Sumario:The reduction of transaction costs is one of the most cited benefits of a currency union. This paper aims to calculate the amount of transaction costs that could be saved by the Brazilian economy after the adoption of a single currency in Mercosur. The results point to savings, in present value terms, of around five billion and five hundred thousand US dollars. These are the transaction costs that the real sector would not transfer anymore to the financial sector.