Journal: | Cuadernos de economía (Santiago) |
Database: | CLASE |
System number: | 000317041 |
ISSN: | 0716-0046 |
Authors: | Robertson, Raymond1 Estevadeordal, Anthony2 |
Institutions: | 1Macalester College, Saint Paul, Minnesota. Estados Unidos de América 2Banco Interamericano de Desarrollo, Washington, Distrito de Columbia. Estados Unidos de América |
Year: | 2009 |
Season: | May |
Volumen: | 46 |
Number: | 133 |
Pages: | 3-31 |
Country: | Chile |
Language: | Inglés |
Document type: | Artículo |
Approach: | Analítico, descriptivo |
English abstract | Krishna (1998) shows that a bilateral agreement between two countries render a multilateral agreement less attractive if the bilateral agreement is trade diverting. This paper combines Krishna’s model with the empirical approach of Anderson and van Wincoop (2003) to show that the estimated effect of tariffs in a multiple country (n>3) context over time measures trade diversion. We apply this measure to new asymmetric, time-varying Latin American trade and tariff data using Anderson and van Wincoop’s (2003) nonlinear estimation approach and OLS. The results show an increase in trade diversion as sub-regional trade agreements proliferated and enthusiasm for the Free Trade Agreement of the Americas declined |
Disciplines: | Economía |
Keyword: | Econometría, Comercio internacional, Tratado de Libre Comercio de América del Norte (TLCAN), Desviación de comercio, Modelos econométricos, Acuerdos comerciales |
Full text: | Texto completo (Ver PDF) |