Are South-South RTAS Growth Enhancing: The Case of Latin American Agreements, 1960-2000

22 Pages Posted: 19 Aug 2008

See all articles by Alessia Lo Turco

Alessia Lo Turco

Università Politecnica delle Marche - Department of Economics and Social Sciences

Date Written: August, 18 2008

Abstract

This study represents the evaluation of the growth effects of three Latin American trade agreements for the countries involved. The use of a longitudinal data set allows for a new approach to the topic: under specific assumptions, the experience of a group of countries unaffected by the policy intervention will represent what the countries affected would have experienced, had they not negotiated the agreement. This can provide the basic piece of information needed for the evaluation of the policy change. Despite the increased degree of trade introversion for medium and high technology goods, results suggest that, ceteris paribus, no positive additional growth effects emerge on average from the participation into an agreement for the countries involved.

Keywords: South-South Trade Agreements, Regional Trade Agreements, Growth, Latin America

JEL Classification: C23, F02, F43, O24

Suggested Citation

Lo Turco, Alessia, Are South-South RTAS Growth Enhancing: The Case of Latin American Agreements, 1960-2000 (August, 18 2008). Applied Econometrics and International Development, Vol. 5, No. 2, 2005, Available at SSRN: https://ssrn.com/abstract=1235482

Alessia Lo Turco

Università Politecnica delle Marche - Department of Economics and Social Sciences ( email )

Piazzale Martelli 8
Ancona
Italy
+390712207250 (Phone)

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