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This paper estimates the effect of trade liberalisation on import performance of selected Latin American countries. The novelty of this study is that it applies a long-term approach covering the whole XX century using times series and panel data analyses. The empirical exercise shows that the...
Persistent link: https://www.econbiz.de/10005230784
We estimate the elasticity of the long-run relationship between energy consumption and GDP for 10 countries in Latin America from 1971 to 2007. We employ Pedroni’s (1999, 2004) panel cointegration test to determine if such a long-run relationship exists. Westerlund’s (2006) cointegration...
Persistent link: https://www.econbiz.de/10011082578
The past two decades have witnessed economic growth differentials among countries in East Asia and Latin America. In …
Persistent link: https://www.econbiz.de/10010991748
This paper studies the catching-up process in per capita income of the so-called Asian Dragons and Tigers. It contributes to the literature in several ways. First, it tests the catching-up hypothesis using the longest time span ever considered, from 1870 to 2014. Second, it documents the...
Persistent link: https://www.econbiz.de/10011647741
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many instances, resistance is often to practice more than to principle. Events in Asia and Latin America represent less the … East Asia with unfolding events in Latin America, is to make some judgements about the broader implications for the …
Persistent link: https://www.econbiz.de/10014199455
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for Latin America and the Caribbean (ECLAC), to track the importance of trade within global value chains in East Asia and … East Asia supplies manufactured goods. The pattern is not uniform, but there are important elements of this dynamic at play … between East and South-East Asia than between East Asia and Latin America. Nonetheless, GVC integration between Latin America …
Persistent link: https://www.econbiz.de/10012290995
Trade integration and free trade agreement (FTA)-led cooperation between Asia and Latin America has increased since the … early 2000s. Using new criteria, this paper examines whether Asia-Latin America FTAs have facilitated market-led integration … by liberalizing trade and behind the border regulatory barriers. Overall Asia-Latin America FTAs provide the foundations …
Persistent link: https://www.econbiz.de/10010397259