Interdependence of Preferential Trade Agreements in Latin America

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The aim of this paper is to identify the main sources of interdependence that have taken place in Latin America and that may have influenced the signing of a high number of PTAs in this region. That is, we study empirically whether the signing of a new preferential trade agreement or the expansion o...

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Autores principales: Florensa, Luis Marcelo, Recalde, María Luisa
Formato: Objeto de conferencia
Lenguaje:Inglés
Publicado: 2018
Materias:
Ciencias Económicas
preferential trade agreements
domino effect
panel data
spatial econometrics
own PTA effect
cross PTA effect
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/165055
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SEDICI (UNLP) de Universidad Nacional de La Plata
id I19-R120-10915-165055
record_format dspace
spelling I19-R120-10915-1650552024-04-19T20:01:56Z http://sedici.unlp.edu.ar/handle/10915/165055 Interdependence of Preferential Trade Agreements in Latin America Florensa, Luis Marcelo Recalde, María Luisa 2018-11 2018 2024-04-19T13:55:58Z en Ciencias Económicas preferential trade agreements domino effect panel data spatial econometrics own PTA effect cross PTA effect The aim of this paper is to identify the main sources of interdependence that have taken place in Latin America and that may have influenced the signing of a high number of PTAs in this region. That is, we study empirically whether the signing of a new preferential trade agreement or the expansion of existing ones creates incentives for other countries or pairs of countries in the region to join or form new PTAs. To achieve this goal we are going to apply two empirical strategies: on the one hand, the one used by Egger and Larch (2008) and Baldwin and Jaimovich (2012) and on the other, the one applied by Baier, Bergstrand and Mariutto (2014). A probit is estimated in both strategies, as the dependent variable reflects the existence or absence of an agreement between a given pair of countries. To predict both, PTA membership levels and changes, the two methodologies use panel data where the explanatory variables are lagged to avoid a bias associated with feedback effects. Facultad de Ciencias Económicas Objeto de conferencia Objeto de conferencia http://creativecommons.org/licenses/by-nc-sa/4.0/ Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) application/pdf
institution Universidad Nacional de La Plata
institution_str I-19
repository_str R-120
collection SEDICI (UNLP)
language Inglés
topic Ciencias Económicas
preferential trade agreements
domino effect
panel data
spatial econometrics
own PTA effect
cross PTA effect
spellingShingle Ciencias Económicas
preferential trade agreements
domino effect
panel data
spatial econometrics
own PTA effect
cross PTA effect
Florensa, Luis Marcelo
Recalde, María Luisa
Interdependence of Preferential Trade Agreements in Latin America
topic_facet Ciencias Económicas
preferential trade agreements
domino effect
panel data
spatial econometrics
own PTA effect
cross PTA effect
description The aim of this paper is to identify the main sources of interdependence that have taken place in Latin America and that may have influenced the signing of a high number of PTAs in this region. That is, we study empirically whether the signing of a new preferential trade agreement or the expansion of existing ones creates incentives for other countries or pairs of countries in the region to join or form new PTAs. To achieve this goal we are going to apply two empirical strategies: on the one hand, the one used by Egger and Larch (2008) and Baldwin and Jaimovich (2012) and on the other, the one applied by Baier, Bergstrand and Mariutto (2014). A probit is estimated in both strategies, as the dependent variable reflects the existence or absence of an agreement between a given pair of countries. To predict both, PTA membership levels and changes, the two methodologies use panel data where the explanatory variables are lagged to avoid a bias associated with feedback effects.
format Objeto de conferencia
Objeto de conferencia
author Florensa, Luis Marcelo
Recalde, María Luisa
author_facet Florensa, Luis Marcelo
Recalde, María Luisa
author_sort Florensa, Luis Marcelo
title Interdependence of Preferential Trade Agreements in Latin America
title_short Interdependence of Preferential Trade Agreements in Latin America
title_full Interdependence of Preferential Trade Agreements in Latin America
title_fullStr Interdependence of Preferential Trade Agreements in Latin America
title_full_unstemmed Interdependence of Preferential Trade Agreements in Latin America
title_sort interdependence of preferential trade agreements in latin america
publishDate 2018
url http://sedici.unlp.edu.ar/handle/10915/165055
work_keys_str_mv AT florensaluismarcelo interdependenceofpreferentialtradeagreementsinlatinamerica
AT recaldemarialuisa interdependenceofpreferentialtradeagreementsinlatinamerica
_version_ 1807222768744267776

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