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Specialization and Exports in South America after Trade Agreements

Author

Listed:
  • Viego, Valentina

    (Universidad Nacional del Sur & Instituto de Investigaciones Económicas y Sociales del Sur)

  • Corbella, Virginia

    (Universidad Nacional del Sur)

Abstract

A vast body of literature recognizes that economic integration brings asymmetric benefits for the actors carrying out the process. Regional integration agreements influence the level of industrial activity and its location, preventing some countries from fully participating as beneficiaries. This study aims to examine the changes in production and export structures of South American manufacturing sector after the signing of trade agreements. We performed unit root tests with endogenous breaks, cointegration tests, and stochastic frontier models on production and export for the period 1985~2008. Our results show that after the signing of trade agreements, changes in the structure of production and export have been weak, and thus trade agreements have not boosted structural changes in specialization and export intensity in South American countries.

Suggested Citation

  • Viego, Valentina & Corbella, Virginia, 2017. "Specialization and Exports in South America after Trade Agreements," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 32(2), pages 433-487.
    • Handle: RePEc:ris:integr:0717
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    Citations

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    Cited by:

    1. Yelena Andreyeva & Andrei Maltsev & Mikhail Maslennikov & Artyom Ratner, 2018. "Global Economic Relations of a Region in the Investigations of the Institute of Economics of the Ural Branch of the Russian Academy of Sciences," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 612-622.
    2. Cemaleddin Gulenay & Ibrahim Guran Yumusak, 2023. "Analyzing Common Market Options in the Scope of OIC," International Econometric Review (IER), Econometric Research Association, vol. 15(2), pages 28-44, September.
    3. Germán González & Victoria Giordano, 2023. "Gravity Approach to the Impact of Crises on MERCOSUR Trade," Working Papers 280, Red Nacional de Investigadores en Economía (RedNIE).

    More about this item

    Keywords

    Regional Integration; Specialization; Manufacturing Exports; Trade Agreements; South America;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration

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