Integración regional por inversión extranjera directa del MERCOSUR y del TLCAN y el papel de sus socios menores, 1990-2016.

This paper analyzes and compares the integration by foreign direct investment (FDI) of MERCOSUR and NAFTA and the role of Uruguay and Mexico between 1990-2016 based on a new methodological proposal within the framework of structural analysis techniques. The results suggest that the Mercosur had low levels of integration although they increased throughout the period, while in NAFTA integration was high, especially in some subperiods. In this context, the coalition with the smaller partners had enormous differences, being much more intense in the case of Mexico than in the case of Uruguay. [ABSTRACT FROM AUTHOR]