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La dinámica y los determinantes del proceso de integración económica de América Latina
[La Dynamics and determinants of the Latin American economic integration process]

Author

Listed:
  • Luis Marcelo Florensa
  • Laura Márquez-Ramos
  • María Luisa Recalde
  • Pedro Gabriel Degiovanni

Abstract

This paper studies the dynamics of the economic integration process in Latin America and analyzes its determinants in different points of time during 1962-2009. A discrete choice model is estimated, in which the dependent variable is the existence of an integration agreement between two countries, while the explanatory variables are classified into economic, geographic, political and institutional factors. The main findings show that economic and geographical factors are important in explaining why countries sign trade integration agreements, although this importance is time sensitive. In addition, results suggest that poltical and institutional factors play an important role in integration strategies

Suggested Citation

  • Luis Marcelo Florensa & Laura Márquez-Ramos & María Luisa Recalde & Pedro Gabriel Degiovanni, 2018. "La dinámica y los determinantes del proceso de integración económica de América Latina [La Dynamics and determinants of the Latin American economic integration process]," Estudios Economicos, Universidad Nacional del Sur, Departamento de Economia, vol. 35(70), pages 5-26, january-J.
    • Handle: RePEc:uns:esteco:v:35:y:2018:i:70:p:5-26
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    File URL: http://revistas.uns.edu.ar/ee/article/view/1095/704
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    More about this item

    Keywords

    comercio internacional; acuerdos de integración económica; factores políticos e institucionales; Latinoamérica;
    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

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