According to the economic theory and recent empirical evidence, improved market access through trade arrangements is likely to favor export diversification. In this paper, we assess whether this has been the case of Colombian exports to the United States and whether an FTA with the United States...

According to the economic theory and recent empirical evidence, improved market access through trade arrangements is likely to favor export diversification. In this paper, we assess whether this has been the case of Colombian exports to the United States and whether an FTA with the United States...

During the nineties, a surge of Regionalism took place and appeared the New Economic Geography, that centered on the study of the spatial consequences that this phenomenon involved. The theory mantains that the constitution of a custom union between countries with different sizes iniatilly...

Strong concentration of population and economic activity in a few metropolitan areas is a pervasive feature in several developing countries. Theoretical analyses within the so-called new economic geography have suggested that this phenomenon can be related to trade policies. However, no...

Preferential trade agreements could lead to a reallocation of resources across sectors and countries. Production patterns resulting from North-North regional integration initiatives have been documented in several studies. However, empirical evidence on South-South trade agreements is limited....

Do all exporters benefit the same from export promotion programs? Surprisingly, no matter how obvious this question may a priori be when thinking of the effectiveness of these programs, there is virtually no empirical evidence on how they affect export performance in different parts of the...

This paper explores the relationship between preferential and multilateral trade liberalization at the sectoral level using a unique dataset that includes data on most favored nation (MFN) and bilateral preferential tariffs at the 4-digit ISIC level for 11 Latin American countries over the...

How effective are export promotion activities in developing countries? What are the channels through which export promotion affects firms' exports, the intensive margin or the extensive margin? Empirical evidence in this respect is scarce. We aim at filling this gap in the literature by...

Es sabido que, a pesar de las mejoras que tuvieron lugar en los últimos años, las exportaciones de varios países de América Latina y el Caribe aún se encuentran por debajo de su potencial y de lo que cabría esperar en función de sus niveles de desarrollo. Lo mismo sucede con el grado de...

Our knowledge of the trade effects of domestic infrastructure is very limited. The reason is twofold. First, data needed to examine these effects are not readily available. Second, identifying such effects requires properly addressing potential endogeneity problems affecting the relationship...