Economic integration effects on trade margins : sectoral evidence from Latin America /

The present paper aims to determine the effects of different levels of economic integration on the intensive and the extensive margins of trade. Specifically, the analysis focuses on the case of Latin America. It is of great importance for development policies in the region since the extensive margi...

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Bibliographic Details
Main Author: Márquez Ramos, Laura
Other Authors: Florensa, Luis Marcelo, Recalde, María Luisa
Format: Article
Subjects:
Online Access:http://e-jei.org/upload/JEI_30_2_269_299_2013600071.pdf

MARC

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100 1 |9 4841  |a Márquez Ramos, Laura 
245 1 0 |a Economic integration effects on trade margins :  |b sectoral evidence from Latin America /  |c Laura Márquez Ramos, Luis Marcelo Florensa, María Luisa Recalde.  |h [recurso electrónico] 
300 |a p. 269-299 
520 3 |a The present paper aims to determine the effects of different levels of economic integration on the intensive and the extensive margins of trade. Specifically, the analysis focuses on the case of Latin America. It is of great importance for development policies in the region since the extensive margin can be defined as those exports that provide new market entrants, while the intensive margin is due to continued growth in sales of old exporters to the same destinations. Therefore, obtained results have important policy implications related to diversification strategies. The long-term period considered will allow us to determine whether different effects on trade margins might arise in the following two sub-periods: 1962~1989 and from 1990 onwards, i.e. before and after the spread of regional integration agreements and the deepening of the liberalization process in the region. Finally, we focus on those specific sectors in which Latin American countries present a higher relative participation of trade. The obtained results show that the effect of economic integration is both time and period sensitive. The main positive effects are found to be reflected in the intensive margin for all different types of agreements. Moreover, we find that deeper economic integration agreements have the greatest effect on trade margins. 
650 4 |a INTEGRACION ECONOMICA  |9 154 
650 4 |a ANALISIS EMPIRICO  |9 4821 
650 4 |9 3727  |a ACUERDOS COMERCIALES 
651 4 |9 183  |a AMERICA LATINA 
653 4 |a CONVENIOS COMERCIALES 
653 4 |a TRATADOS COMERCIALES 
700 1 |9 4840  |a Florensa, Luis Marcelo 
700 1 |9 2443  |a Recalde, María Luisa 
773 0 |t Journal of Economic Integration.  |g v. 30, no. 2 (June 2015), p. 269-299 
856 4 |q (PDF)  |u http://e-jei.org/upload/JEI_30_2_269_299_2013600071.pdf 
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945 |a BEA  |c 2016