Trade Liberalization and Integration of Domestic Output Markets in Brazil

This paper describes how different policy distortions have been impeding better integration of Brazil's external and internal product markets and discusses how these distortions have prevented domestic firms from benefiting from multiple sourc...

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Main Authors: Reis, Jose Guilherme, Iootty, Mariana, Signoret, Jose, Goodwin, Tanja, Licetti, Martha, Duhaut, Alice, Lall, Somik
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/848981538569408470/Trade-Liberalization-and-Integration-of-Domestic-Output-Markets-in-Brazil
http://hdl.handle.net/10986/30509
id okr-10986-30509
recordtype oai_dc
spelling okr-10986-305092021-06-08T14:42:48Z Trade Liberalization and Integration of Domestic Output Markets in Brazil Reis, Jose Guilherme Iootty, Mariana Signoret, Jose Goodwin, Tanja Licetti, Martha Duhaut, Alice Lall, Somik PRODUCTIVITY TRADE LIBERALIZATION MARKET INTEGRATION MARKET ACCESS EFFICIENCY GAINS GLOBAL INTEGRATION DISTORTIONS This paper describes how different policy distortions have been impeding better integration of Brazil's external and internal product markets and discusses how these distortions have prevented domestic firms from benefiting from multiple sources of efficiency gains. The paper first focuses on the costs of barriers to global integration, followed by an overview of policy induced stringencies hampering domestic integration. Drawing from general and partial equilibrium analyses, the paper also provides evidence of potential impacts of removing some of those distortions and discusses policy options to promote better allocation of resources across the economy. The main conclusion of the paper is that Brazil could gain significantly from opening to foreign trade. Yet, for Brazil to take full advantage of the opportunities that external integration offers, domestic markets also need to function better, so it is key to ensure that the removal of external barriers to integration is coordinated with the removal of internal distortions to domestic market integration. 2018-10-04T20:52:14Z 2018-10-04T20:52:14Z 2018-10 Working Paper http://documents.worldbank.org/curated/en/848981538569408470/Trade-Liberalization-and-Integration-of-Domestic-Output-Markets-in-Brazil http://hdl.handle.net/10986/30509 English Policy Research Working Paper;No. 8600 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Latin America & Caribbean Brazil
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PRODUCTIVITY
TRADE LIBERALIZATION
MARKET INTEGRATION
MARKET ACCESS
EFFICIENCY GAINS
GLOBAL INTEGRATION
DISTORTIONS
spellingShingle PRODUCTIVITY
TRADE LIBERALIZATION
MARKET INTEGRATION
MARKET ACCESS
EFFICIENCY GAINS
GLOBAL INTEGRATION
DISTORTIONS
Reis, Jose Guilherme
Iootty, Mariana
Signoret, Jose
Goodwin, Tanja
Licetti, Martha
Duhaut, Alice
Lall, Somik
Trade Liberalization and Integration of Domestic Output Markets in Brazil
geographic_facet Latin America & Caribbean
Brazil
relation Policy Research Working Paper;No. 8600
description This paper describes how different policy distortions have been impeding better integration of Brazil's external and internal product markets and discusses how these distortions have prevented domestic firms from benefiting from multiple sources of efficiency gains. The paper first focuses on the costs of barriers to global integration, followed by an overview of policy induced stringencies hampering domestic integration. Drawing from general and partial equilibrium analyses, the paper also provides evidence of potential impacts of removing some of those distortions and discusses policy options to promote better allocation of resources across the economy. The main conclusion of the paper is that Brazil could gain significantly from opening to foreign trade. Yet, for Brazil to take full advantage of the opportunities that external integration offers, domestic markets also need to function better, so it is key to ensure that the removal of external barriers to integration is coordinated with the removal of internal distortions to domestic market integration.
format Working Paper
author Reis, Jose Guilherme
Iootty, Mariana
Signoret, Jose
Goodwin, Tanja
Licetti, Martha
Duhaut, Alice
Lall, Somik
author_facet Reis, Jose Guilherme
Iootty, Mariana
Signoret, Jose
Goodwin, Tanja
Licetti, Martha
Duhaut, Alice
Lall, Somik
author_sort Reis, Jose Guilherme
title Trade Liberalization and Integration of Domestic Output Markets in Brazil
title_short Trade Liberalization and Integration of Domestic Output Markets in Brazil
title_full Trade Liberalization and Integration of Domestic Output Markets in Brazil
title_fullStr Trade Liberalization and Integration of Domestic Output Markets in Brazil
title_full_unstemmed Trade Liberalization and Integration of Domestic Output Markets in Brazil
title_sort trade liberalization and integration of domestic output markets in brazil
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/848981538569408470/Trade-Liberalization-and-Integration-of-Domestic-Output-Markets-in-Brazil
http://hdl.handle.net/10986/30509
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