Economic integration effects on trade margins: sectoral evidence from Latin America

Autores
Márquez-Ramos, Laura; Florensa, Luis Marcelo; Recalde, María Luisa
Año de publicación
2015
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
Fil: Márquez-Ramos, Laura. Universitat Jaume I. Department of Economics; España.
Fil: Florensa, Luis Marcelo. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina.
Fil: Recalde, María Luisa. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina.
The present paper aims to determine the effects of different levels of economic integration on the intensive and the extensive margins of trade. Specifically, the analysis focuses on the case of Latin America. It is of great importance for development policies in the region since the extensive margin can be defined as those exports that provide new market entrants, while the intensive margin is due to continued growth in sales of old exporters to the same destinations. Therefore, obtained results have important policy implications related to diversification strategies. The long-term period considered will allow us to determine whether different effects on trade margins might arise in the following two sub-periods: 1962~1989 and from 1990 onwards, i.e. before and after the spread of regional integration agreements and the deepening of the liberalization process in the region. Finally, we focus on those specific sectors in which Latin American countries present a higher relative participation of trade. The obtained results show that the effect of economic integration is both time and period sensitive. The main positive effects are found to be reflected in the intensive margin for all different types of agreements. Moreover, we find that deeper economic integration agreements have the greatest effect on trade margins.
http://www.e-jei.org
publishedVersion
Fil: Márquez-Ramos, Laura. Universitat Jaume I. Department of Economics; España.
Fil: Florensa, Luis Marcelo. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina.
Fil: Recalde, María Luisa. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina.
Economía, Econometría
Materia
Economic integration
Extensive margin
Intensive margin
Latin America
Panel data
Nivel de accesibilidad
acceso abierto
Condiciones de uso
Repositorio
Repositorio Digital Universitario (UNC)
Institución
Universidad Nacional de Córdoba
OAI Identificador
oai:rdu.unc.edu.ar:11086/26664
Acceder
id RDUUNC_4c2d17b2f6a58cf29bcedc37a863596c
oai_identifier_str oai:rdu.unc.edu.ar:11086/26664
network_acronym_str RDUUNC
repository_id_str 2572
network_name_str Repositorio Digital Universitario (UNC)
spelling Economic integration effects on trade margins: sectoral evidence from Latin AmericaMárquez-Ramos, LauraFlorensa, Luis MarceloRecalde, María LuisaEconomic integrationExtensive marginIntensive marginLatin AmericaPanel dataFil: Márquez-Ramos, Laura. Universitat Jaume I. Department of Economics; España.Fil: Florensa, Luis Marcelo. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina.Fil: Recalde, María Luisa. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina.The present paper aims to determine the effects of different levels of economic integration on the intensive and the extensive margins of trade. Specifically, the analysis focuses on the case of Latin America. It is of great importance for development policies in the region since the extensive margin can be defined as those exports that provide new market entrants, while the intensive margin is due to continued growth in sales of old exporters to the same destinations. Therefore, obtained results have important policy implications related to diversification strategies. The long-term period considered will allow us to determine whether different effects on trade margins might arise in the following two sub-periods: 1962~1989 and from 1990 onwards, i.e. before and after the spread of regional integration agreements and the deepening of the liberalization process in the region. Finally, we focus on those specific sectors in which Latin American countries present a higher relative participation of trade. The obtained results show that the effect of economic integration is both time and period sensitive. The main positive effects are found to be reflected in the intensive margin for all different types of agreements. Moreover, we find that deeper economic integration agreements have the greatest effect on trade margins.http://www.e-jei.orgpublishedVersionFil: Márquez-Ramos, Laura. Universitat Jaume I. Department of Economics; España.Fil: Florensa, Luis Marcelo. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina.Fil: Recalde, María Luisa. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina.Economía, Econometría2015-06info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdf1225-651Xhttp://hdl.handle.net/11086/266641976-5525enginfo:eu-repo/semantics/openAccessreponame:Repositorio Digital Universitario (UNC)instname:Universidad Nacional de Córdobainstacron:UNC2025-10-16T09:29:36Zoai:rdu.unc.edu.ar:11086/26664Institucionalhttps://rdu.unc.edu.ar/Universidad públicaNo correspondehttp://rdu.unc.edu.ar/oai/snrdoca.unc@gmail.comArgentinaNo correspondeNo correspondeNo correspondeopendoar:25722025-10-16 09:29:37.204Repositorio Digital Universitario (UNC) - Universidad Nacional de Córdobafalse
dc.title.none.fl_str_mv Economic integration effects on trade margins: sectoral evidence from Latin America
title Economic integration effects on trade margins: sectoral evidence from Latin America
spellingShingle Economic integration effects on trade margins: sectoral evidence from Latin America
Márquez-Ramos, Laura
Economic integration
Extensive margin
Intensive margin
Latin America
Panel data
title_short Economic integration effects on trade margins: sectoral evidence from Latin America
title_full Economic integration effects on trade margins: sectoral evidence from Latin America
title_fullStr Economic integration effects on trade margins: sectoral evidence from Latin America
title_full_unstemmed Economic integration effects on trade margins: sectoral evidence from Latin America
title_sort Economic integration effects on trade margins: sectoral evidence from Latin America
dc.creator.none.fl_str_mv Márquez-Ramos, Laura
Florensa, Luis Marcelo
Recalde, María Luisa
author Márquez-Ramos, Laura
author_facet Márquez-Ramos, Laura
Florensa, Luis Marcelo
Recalde, María Luisa
author_role author
author2 Florensa, Luis Marcelo
Recalde, María Luisa
author2_role author
author
dc.subject.none.fl_str_mv Economic integration
Extensive margin
Intensive margin
Latin America
Panel data
topic Economic integration
Extensive margin
Intensive margin
Latin America
Panel data
dc.description.none.fl_txt_mv Fil: Márquez-Ramos, Laura. Universitat Jaume I. Department of Economics; España.
Fil: Florensa, Luis Marcelo. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina.
Fil: Recalde, María Luisa. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina.
The present paper aims to determine the effects of different levels of economic integration on the intensive and the extensive margins of trade. Specifically, the analysis focuses on the case of Latin America. It is of great importance for development policies in the region since the extensive margin can be defined as those exports that provide new market entrants, while the intensive margin is due to continued growth in sales of old exporters to the same destinations. Therefore, obtained results have important policy implications related to diversification strategies. The long-term period considered will allow us to determine whether different effects on trade margins might arise in the following two sub-periods: 1962~1989 and from 1990 onwards, i.e. before and after the spread of regional integration agreements and the deepening of the liberalization process in the region. Finally, we focus on those specific sectors in which Latin American countries present a higher relative participation of trade. The obtained results show that the effect of economic integration is both time and period sensitive. The main positive effects are found to be reflected in the intensive margin for all different types of agreements. Moreover, we find that deeper economic integration agreements have the greatest effect on trade margins.
http://www.e-jei.org
publishedVersion
Fil: Márquez-Ramos, Laura. Universitat Jaume I. Department of Economics; España.
Fil: Florensa, Luis Marcelo. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina.
Fil: Recalde, María Luisa. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas; Argentina.
Economía, Econometría
description Fil: Márquez-Ramos, Laura. Universitat Jaume I. Department of Economics; España.
publishDate 2015
dc.date.none.fl_str_mv 2015-06
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv 1225-651X
http://hdl.handle.net/11086/26664
1976-5525
identifier_str_mv 1225-651X
1976-5525
url http://hdl.handle.net/11086/26664
dc.language.none.fl_str_mv eng
language eng
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositorio Digital Universitario (UNC)
instname:Universidad Nacional de Córdoba
instacron:UNC
reponame_str Repositorio Digital Universitario (UNC)
collection Repositorio Digital Universitario (UNC)
instname_str Universidad Nacional de Córdoba
instacron_str UNC
institution UNC
repository.name.fl_str_mv Repositorio Digital Universitario (UNC) - Universidad Nacional de Córdoba
repository.mail.fl_str_mv oca.unc@gmail.com
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score 13.22299

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