当前位置: X-MOL 学术The World Economy › 论文详情
Our official English website, www.x-mol.net, welcomes your feedback! (Note: you will need to create a separate account there.)
Trade agreements and Latin American trade (creation and diversion) and welfare
The World Economy Pub Date : 2021-03-23 , DOI: 10.1111/twec.13126
Ayman El Dahrawy Sánchez‐Albornoz 1 , Jacopo Timini 2
Affiliation  

This study analyses the process of economic integration in Latin America. Making use of a structural gravity model and including intra-national trade flows, this paper provides an ex-post assessment of the effect of the trade agreements (TAs) signed by Latin American countries on international trade. We account for the last wave of TAs proliferation and estimate treaty-level effects. On average, TAs had a positive effect on Latin American trade. This holds true for both intra-Latin American agreements and agreements between Latin American countries and the Rest-of-the-World (RoW). However, we unveil that these average estimates cover a substantial degree of heterogeneity across TAs. Additionally, we quantify ex-ante general equilibrium effects on the trade volumes and welfare of Latin American countries under different scenarios of deeper trade integration and disintegration.

中文翻译:

贸易协定和拉丁美洲贸易(创造和转移)和福利

本研究分析了拉丁美洲的经济一体化进程。本文利用结构引力模型并包括国内贸易流量,对拉丁美洲国家签署的贸易协定 (TA) 对国际贸易的影响进行了事后评估。我们考虑了最后一波 TA 的扩散并估计了条约层面的影响。平均而言,技术援助对拉丁美洲贸易产生了积极影响。这适用于拉丁美洲内部协议以及拉丁美洲国家与世界其他地区 (RoW) 之间的协议。然而,我们发现这些平均估计涵盖了 TA 之间很大程度的异质性。此外,
更新日期:2021-03-23
down
wechat
bug