IDEAS home Printed from https://ideas.repec.org/a/ris/integr/0720.html
   My bibliography  Save this article

Understanding the Determinants of Economic Integration in Latin America

Author

Listed:
  • Ramos, Laura Márquez

    (Institute for International Trade- University of Adelaide, Australia)

  • Florensa, Luis Marcelo

    (Instituto de Economía y Finanzas- Universidad Nacional de Córdoba, Argentina)

  • Recalde, María Luisa

    (Instituto de Economía y Finanzas- Universidad Nacional de Córdoba, Argentina)

Abstract

When signing or enhancing trade agreements with Latin America, political and institutional factors play a more important role at present compared with their role in the past. In addition, a better institutional framework increases covered and legally enforceable provisions in Latin America trade agreements. This paper analyzes the determinants of economic integration in Latin America and the institutional quality of signed trade agreements with this region. By focusing on both a discrete choice and a linear framework, the study results prove that economic, geographic, institutional, and political factors influence economic integration. This is because these aspects are key elements in the formation and enhancement of trade agreements both within and outside Latin America. This study considers the role of additional exogenous political facts, such as the September 11 attacks in New York City, and the Revolución Bolivariana, a leftist movement in Venezuela, which affected economic integration in Latin America.

Suggested Citation

  • Ramos, Laura Márquez & Florensa, Luis Marcelo & Recalde, María Luisa, 2017. "Understanding the Determinants of Economic Integration in Latin America," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 32(3), pages 558-585.
    • Handle: RePEc:ris:integr:0720
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

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


    Cited by:

    1. Liu, De-Chih & Chang, Yu-Chien, 2022. "Systematic variations in exchange rate returns," International Review of Economics & Finance, Elsevier, vol. 82(C), pages 569-583.
    2. León Padilla & Ángel Rodriguez García-Brazales, 2021. "Can South America form an optimal monetary area? A structural vector autoregression analysis," International Economics and Economic Policy, Springer, vol. 18(2), pages 309-329, May.
    3. Jámbor, Attila & Török, Áron, 2019. "A regionális kereskedelmi egyezmények létrejöttét meghatározó tényezők [Global drivers of regional trade agreements]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 418-433.

    More about this item

    Keywords

    Trade Agreements; Latin America; Institutional and Political Factors; Institutional Quality;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General

    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:ris:integr:0720. 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: Yunhoe Kim (email available below). General contact details of provider: https://edirc.repec.org/data/desejkr.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.