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

Fil: Márquez-Ramos, Laura. Universitat Jaume I. Department of Economics; España.

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Autores principales: Márquez-Ramos, Laura, Florensa, Luis Marcelo, Recalde, María Luisa
Formato: publishedVersion article
Lenguaje:Inglés
Publicado: 2022
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Acceso en línea:http://hdl.handle.net/11086/26664
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spelling I10-R141-11086-266642023-08-30T13:16:39Z Economic integration effects on trade margins: sectoral evidence from Latin America Márquez-Ramos, Laura Florensa, Luis Marcelo Recalde, María Luisa Economic integration Extensive margin Intensive margin Latin America Panel data publishedVersion Fil: Márquez-Ramos, Laura. Universitat Jaume I. Department of Economics; España. Fil: Florensa, Luis Marcelo. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina. Fil: Recalde, María Luisa. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina. 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. http://www.e-jei.org publishedVersion Fil: Márquez-Ramos, Laura. Universitat Jaume I. Department of Economics; España. Fil: Florensa, Luis Marcelo. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina. Fil: Recalde, María Luisa. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina. Economía, Econometría 2022-06-27T21:07:31Z 2022-06-27T21:07:31Z 2015-06 article 1225-651X http://hdl.handle.net/11086/26664 1976-5525 eng Atribución – No Comercial – Sin Obra Derivada 4.0 Internacional http://creativecommons.org/licenses/by-nc-nd/4.0/ Impreso; Electrónico y/o Digital
institution Universidad Nacional de Córdoba
institution_str I-10
repository_str R-141
collection Repositorio Digital Universitario (UNC)
language Inglés
topic Economic integration
Extensive margin
Intensive margin
Latin America
Panel data
spellingShingle Economic integration
Extensive margin
Intensive margin
Latin America
Panel data
Márquez-Ramos, Laura
Florensa, Luis Marcelo
Recalde, María Luisa
Economic integration effects on trade margins: sectoral evidence from Latin America
topic_facet Economic integration
Extensive margin
Intensive margin
Latin America
Panel data
description Fil: Márquez-Ramos, Laura. Universitat Jaume I. Department of Economics; España.
format publishedVersion
article
author Márquez-Ramos, Laura
Florensa, Luis Marcelo
Recalde, María Luisa
author_facet Márquez-Ramos, Laura
Florensa, Luis Marcelo
Recalde, María Luisa
author_sort Márquez-Ramos, Laura
title Economic integration effects on trade margins: sectoral evidence from Latin America
title_short Economic integration effects on trade margins: sectoral evidence from Latin America
title_full Economic integration effects on trade margins: sectoral evidence from Latin America
title_fullStr Economic integration effects on trade margins: sectoral evidence from Latin America
title_full_unstemmed Economic integration effects on trade margins: sectoral evidence from Latin America
title_sort economic integration effects on trade margins: sectoral evidence from latin america
publishDate 2022
url http://hdl.handle.net/11086/26664
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AT florensaluismarcelo economicintegrationeffectsontrademarginssectoralevidencefromlatinamerica
AT recaldemarialuisa economicintegrationeffectsontrademarginssectoralevidencefromlatinamerica
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