Arbeitspapier

Acordos bilaterais de comércio entre as economias do Brics: Uma abordagem de equilíbrio geral

This paper contrasts alternative preferential trade arrangements involving Brazil and each of the remaining Brics economies: China, India, Russia and South Africa. Bilateral trade liberalization scenarios are simulated under a perfect competition market structure, using the GTAP general equilibrium framework. Traditional allocative effects are described for the Brazilian economy, as a way to foresee the most relevant first round domestic effects at the macro and micro level. Winners and losers are traced out for 56 sectors in the Brazilian economy, under each alternative simulation scenario. The emergence of China as a significant trade pattern is confirmed in the simulation results. Competitive effects are also significant in the case of a preferential trade agreement involving Brazil and India as well as Brazil and Russia, despite current low levels of bilateral trade. More modest first round effects are obtained in the case of a PTA involving Brazil and South Africa.

Language
Portugiesisch

Bibliographic citation
Series: Texto para Discussão ; No. 1831

Classification
Wirtschaft
Neoclassical Models of Trade
Empirical Studies of Trade
Allocative Efficiency; Cost-Benefit Analysis
Subject
bilateral agreements
terms of trade
computable general equilibrium
comparative advantage

Event
Geistige Schöpfung
(who)
do C. Ferraz, Lucas P.
Event
Veröffentlichung
(who)
Instituto de Pesquisa Econômica Aplicada (IPEA)
(where)
Brasília
(when)
2013

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • do C. Ferraz, Lucas P.
  • Instituto de Pesquisa Econômica Aplicada (IPEA)

Time of origin

  • 2013

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