Trade reforms and trade patterns in Latin America

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cepal.bibLevelDocumento Completo
cepal.callNumberINT UN/CO 35(5/99)
cepal.callNumberLC/L.1306-P
cepal.divisionEngInternational Trade and Integration Division
cepal.divisionOldUnidad de Comercio Internacional
cepal.divisionSpaDivisión de Comercio Internacional e Integración
cepal.docTypeSeries
cepal.idSade4284
cepal.jobNumberS2000679 E
cepal.physicalDescriptiondiagramas, tablas
cepal.regionalOfficeSantiago
cepal.saleNumber00.II.G.23
cepal.topicEngINTERNATIONAL TRADE
cepal.topicEngTRADE POLICY AND TRADE AGREEMENTS
cepal.topicSpaCOMERCIO INTERNACIONAL
cepal.topicSpaPOLÍTICA COMERCIAL Y ACUERDOS COMERCIALES
cepal.workareaEngINTERNATIONAL TRADE AND INTEGRATION
cepal.workareaSpaCOMERCIO INTERNACIONAL E INTEGRACIÓN
dc.contributor.authorVentura-Dias, Vivianne
dc.contributor.authorCabezas B., Mabel
dc.contributor.authorContador, Jaime
dc.contributor.entityNU. CEPAL. Unidad de Comercio Internacional
dc.coverage.spatialEngLATIN AMERICA AND THE CARIBBEAN
dc.coverage.spatialSpaAMERICA LATINA Y EL CARIBE
dc.date.accessioned2014-01-02T15:28:30Z
dc.date.available2014-01-02T15:28:30Z
dc.date.issued1999-12
dc.descriptionIncludes bibliography
dc.description.abstractSummary The relationship between trade and economic growth is nuclear to the literature of economic development. Due to the importance of the external sector to developing countries, most development models have trade regimes and the related system of incentives as central determinants of economic performance. Also, there exists an extensive empirical literature on exports and growth with mixed results. Many studies find evidence of association between exports or exports growth and economic growth although the direction of the causality has not yet been clearly established. Moreover, other studies qualified those results since linkages between exports and economic growth depended on threshold variables. In other words, economic growth tended to be affected by export performance after countries have achieved some minimum level of development.(1); On the other hand, recent empirical studies that have attempted to relate trade orientation and economic performance have been criticized for the misspecification of some variables and the ambiguity of the results, in spite of the sophistication of the empirical models employed (Rodríguez, 1999); In this paper, following the ECLAC tradition, we consider the composition of exports as a crucial determinant of the relationship between exports and growth although our purpose is basically descriptive(2);. We examine the trade performance of 16 Latin American countries over the past 20 years using a modified Pavit-Guerrieri classification to group trade data according to the technological content of the production functions of individual goods. Simple indicators of revealed comparative advantage of net contribution to trade balance of those groups of products are used to describe changes in trade patterns that followed trade reforms in the most advanced economies in the region. We discuss some of the difficulties in classifying goods according to their production functions when production sharing prevails in international trade. Hence, the presence of a given product in the export list of a country does not mean that the country master the whole production process of that particular good. Only the labour-intensive segments may be domestically produced in the country. The following section is a brief review of the literature on trade composition and growth. Section II discusses the classification employed in the empirical part and its limitations. Section III describes the indicators used to describe trade patterns in Latin American countries and Section IV presents the results for 16 Latin American countries, with special emphasis on major countries such as Argentina, Brazil, Chile and Mexico. Trade reforms seem to have affected trade patterns of those advanced developing countries by strengthening comparative advantages based on natural resources endowments, and also by replacing imported inputs for domestically produced inputs. Section V presents some concluding remarks and areas for further research. **** (1); For a review of the literature, see Greenaway, Morgan and Wright (1999, pp. 41-51);. (2); This paper was presented at the IV Meeting of the Latin American and Caribbean Economic Association (LACEA);, Santiago de Chille, 23 october 1999.
dc.formatTexto
dc.format.extent51 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.isbn9211212561
dc.identifier.unSymbolLC/L.1306-P
dc.identifier.urihttps://hdl.handle.net/11362/4391
dc.language.isoeng
dc.physicalDescription51 p. : diagrs., tabls.
dc.publisherECLAC
dc.publisher.placeSantiago
dc.relation.isPartOfSeriesSerie Comercio Internacional
dc.relation.isPartOfSeriesNo5
dc.rights.coarDisponible
dc.subject.unbisEngECONOMIC GROWTH
dc.subject.unbisEngEXPORTS
dc.subject.unbisEngIMPORTS
dc.subject.unbisEngINTERNATIONAL TRADE
dc.subject.unbisEngTECHNOLOGICAL CHANGE
dc.subject.unbisEngTRADE STATISTICS
dc.subject.unbisSpaCAMBIO TECNOLOGICO
dc.subject.unbisSpaCOMERCIO INTERNACIONAL
dc.subject.unbisSpaCRECIMIENTO ECONOMICO
dc.subject.unbisSpaESTADISTICAS COMERCIALES
dc.subject.unbisSpaEXPORTACIONES
dc.subject.unbisSpaIMPORTACIONES
dc.titleTrade reforms and trade patterns in Latin America
dc.type.coarlibro
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