Macroeconomic homogeneity within Mercosur: An overview

Similar business fluctuations are considered a necessary condition for the harmonization of economic policies and institutions within countries involved in an economic integration process. This paper deals with the macroeconomic performance of Mercosur countries during the last twenty five years. It...

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Detalles Bibliográficos
Autores: Arnaudo, Aldo A., Jacobo, Alejandro D.
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:1997
País:México
Institución:EL COLEGIO DE MÉXICO
Repositorio:Estudios Económicos de El Colegio de México
Idioma:inglés
OAI Identifier:oai:oai.estudioseconomicos.colmex.mx:article/250
Acceso en línea:https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/250
Access Level:acceso abierto
Palabra clave:Mercosur
economic fluctuations
demand and supply shocks
Argentina
Brazil
Paraguay
Uruguay
fluctuaciones económicas
economías sacudidas por oferta y demanda
Brasil
Descripción
Sumario:Similar business fluctuations are considered a necessary condition for the harmonization of economic policies and institutions within countries involved in an economic integration process. This paper deals with the macroeconomic performance of Mercosur countries during the last twenty five years. Its aim is threefold. First, to determine whether the economic fluctuations of Mercosur countries had a similar behavior according to their duration, intensity and timing. Second, to evaluate the reaction of the economies to demand and supply shocks; an exercise which is made only for Argentina and Brazil. Third, to study simultaneously the economic fluctuations of the four countries.