IDEAS home Printed from https://ideas.repec.org/a/ecr/col070/11584.html
   My bibliography  Save this article

Peru: integration, sectoral specialization and synchronization with international gross domestic product cycles

Author

Listed:
  • Tello, Mario D.

Abstract

This paper analyses the way the integration of trade, finance and sectoral specialization relates to the degree of synchronization between the gross domestic product (GDP) cycles of Peru and those of the 31 countries with which it trades most. The analysis is based on estimation of a system of simultaneous equations with panel data in which account is also taken of the repercussions of preferential trade agreements (PTAS). The findings reveal robust two-way relationships between synchronization and financial integration, between the latter and trade integration, and between trade integration and sectoral specialization. ptas did not influence the different variables considered. This evidence suggests that greater trade integration in Peru would intensify the effects of partner countries' GDP cycles on Peruvian output in contexts like the 2008 and 2010 crises.

Suggested Citation

  • Tello, Mario D., 2012. "Peru: integration, sectoral specialization and synchronization with international gross domestic product cycles," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    • Handle: RePEc:ecr:col070:11584
    Note: Includes bibliography
    as

    Download full text from publisher

    File URL: http://repositorio.cepal.org/handle/11362/11584
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. José Franco Iparraguirre & Fernando Cuyutupac Borja, 2020. "Impacto de los factores externos en el Producto Bruto Interno Peruano durante 1994-2018," Revista de Análisis Económico y Financiero, Universidad de San Martín de Porres, vol. 2(01), pages 64-75.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ecr:col070:11584. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Biblioteca CEPAL (email available below). General contact details of provider: https://edirc.repec.org/data/eclaccl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.