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Most microeconometric studies available for LAC have focused on measuring the direct impact of trade on plant productivity leaving aside other effects that arise through the market selection process. Additionally, most studies have focused on tariff barriers as the only obstacle to international...
Persistent link: https://www.econbiz.de/10011314053
After half a century of overt inward-oriented policies, Brazil finally moved to open its trade regime in the early 1990s. Being one the last countries to make this move in a region that notoriously lagged behind East Asia, Brazil was quick to implement a comprehensive trade liberalization...
Persistent link: https://www.econbiz.de/10014045622
Persistent link: https://www.econbiz.de/10010328074
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...
Persistent link: https://www.econbiz.de/10011314114
Assessing the trade impacts of domestic transport costs is data demanding and analyses that examine the effects of road quality, a critical aspect in regional and public policy, practically do not exist in the international trade literature. The few studies available rely mostly on distancebased...
Persistent link: https://www.econbiz.de/10011314119
We investigate whether greater microeconomic flexibility facilitates the process of creative destruction in the context of new trade models with heterogeneous firms (Bernard et al., 2003 and Melitz, 2003). In these models, freer trade increases aggregate productivity because high-efficiency...
Persistent link: https://www.econbiz.de/10011314222
As Latin America and the Caribbean bounce back from a sanitary crisis of historic proportions, the search is on for policies that can accelerate recovery while boosting longterm growth. In a scenario of tight fiscal constraints, trade and integration (T&I) policies seem to fit this description....
Persistent link: https://www.econbiz.de/10014518120
Online Technical Appendix to "Fighting Global Warming: Is Trade Policy in Latin America and the Caribbean a Help or a Hindrance?"It describes in more detail the data sources, the empirical strategy; and presents a series of robustness checks.
Persistent link: https://www.econbiz.de/10014518137
The dire prospects of global warming have been increasing the pressure on policymakers to use trade policy as a mitigation tool, challenging trade economists' canonical "targeting principle." Even though the justifications for this stance remain as valid as ever, it no longer seems feasible in a...
Persistent link: https://www.econbiz.de/10014518191
Online Technical Appendix to "The Reorganization of Global Value Chains: What's in it for Latin America and the Caribbean?" It describes in more detail the data sources, the empirical strategy; and presents a series of robustness checks.
Persistent link: https://www.econbiz.de/10014518261