Chile; Trade Performance,Trade Liberalization, and Competitiveness

This paper analyses the evolution of Chile's trade between 1990 and 2007, studying in particular the impact of trade liberalization in addition to traditional price and demand determinants. The results show that export and import flows are mainly responsive to external and domestic demand, and less so to relative prices, although there is a small impact on imports. In addition, the analysis suggests that trade liberalization may have played a role in increasing exports and imports. Estimations of trade elasticities for other countries in Latin America tend to confirm the results found for Chile.

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Year of publication:	2008-05-01
Authors:	Monfort, Brieuc
Institutions:	International Monetary Fund (IMF)
Subject:	Trade liberalization \| reer \| tariff rate \| domestic demand \| trade flows \| trade agreements \| export volume \| export equation \| export sectors \| world demand \| export volumes \| import prices \| export sector \| impact of trade \| impact of export growth \| tariff rates \| trade volume \| trade agreement \| trade openness \| balance of payments \| export performance \| trade partners \| intermediate goods \| export prices \| free trade \| world trade \| elasticity of exports \| andean pact \| export markets \| external trade \| import tariffs \| principal export \| agricultural exports \| import tariff \| exchange rate regime \| commodity trade \| import price \| exporters \| export market \| export equations \| trading partners \| increasing exports \| partner countries \| domestic production \| free trade agreement \| total exports \| share of exports \| export market share \| oil exporters \| export price \| real effective exchange rate \| export products \| bilateral trade \| world market \| world trade organization \| price stability \| world economy \| trade reforms \| trade volumes \| trade policy review \| free trade agreements \| measures of volatility \| measure of trade \| multilateral trade \| commodity export \| trade share \| import side \| elasticity of export \| export specialization \| open economy \| multilateral neighboring countries \| expansion of export \| increased openness \| trade channels \| trade impact \| world competition \| industrial exports \| tariff reduction \| export values \| energy exports \| income elasticities \| export industry \| trade performance \| external financing \| import taxes \| commodity prices \| trade treaties \| investment goods \| free trade zone \| export activities

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Extent:	application/pdf
Series:	IMF Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The text is part of a series IMF Working Papers Number 08/128 3 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005825996