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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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 |
work_keys_str_mv |
AT marquezramoslaura economicintegrationeffectsontrademarginssectoralevidencefromlatinamerica AT florensaluismarcelo economicintegrationeffectsontrademarginssectoralevidencefromlatinamerica AT recaldemarialuisa economicintegrationeffectsontrademarginssectoralevidencefromlatinamerica |
_version_ |
1782014364241362944 |