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Integrating Latin America and the Caribbean: Potential effects of removing tariffs and streamlining non-tariff measures

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  • Dolabella, Marcelo
  • Durán Lima, José Elías

Abstract

This study analyses the impact of reducing intraregional trade barriers in the context of a free trade agreement in Latin America and the Caribbean. It concludes that a full tariff reduction and elimination of non-tariff measures would have positive impacts on trade, production, welfare and employment across the region.

Suggested Citation

  • Dolabella, Marcelo & Durán Lima, José Elías, 2021. "Integrating Latin America and the Caribbean: Potential effects of removing tariffs and streamlining non-tariff measures," Documentos de Proyectos 46649, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    • Handle: RePEc:ecr:col022:46649
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    File URL: http://repositorio.cepal.org/handle/11362/46649
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    References listed on IDEAS

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    1. Hiau LooiKee & Alessandro Nicita & Marcelo Olarreaga, 2009. "Estimating Trade Restrictiveness Indices," Economic Journal, Royal Economic Society, vol. 119(534), pages 172-199, January.
    2. Jaime de Melo & Alessandro Nicita, 2018. "Non-Tariff Measures: Data and Quantitative Tools of Analysis," Post-Print hal-01731305, HAL.
    3. Hertel, Thomas & Hummels, David & Ivanic, Maros & Keeney, Roman, 2007. "How confident can we be of CGE-based assessments of Free Trade Agreements?," Economic Modelling, Elsevier, vol. 24(4), pages 611-635, July.
    4. David vanzetti & Ralph Peters & Christian Knebel, 2016. "Sand In The Wheels: Non-Tariff Measures And Regional Integration In Sadc," UNCTAD Blue Series Papers 71, United Nations Conference on Trade and Development.
    5. Hiau Looi Kee & Alessandro Nicita & Marcelo Olarreaga, 2008. "Import Demand Elasticities and Trade Distortions," The Review of Economics and Statistics, MIT Press, vol. 90(4), pages 666-682, November.
    6. Mahdi Ghodsi & Julia Grübler & Robert Stehrer, 2016. "Estimating Importer-Specific Ad Valorem Equivalents of Non-Tariff Measures," wiiw Working Papers 129, The Vienna Institute for International Economic Studies, wiiw.
    7. Marco Fugazza & Jean-Christophe Maur, 2008. "Non-Tariff Barriers In Computable General Equilibrium Modelling," UNCTAD Blue Series Papers 38, United Nations Conference on Trade and Development.
    8. Gaulier, Guillaume & Zignago, Soledad, 2004. "Notes on BACI (analytical database of international trade). 1989-2002 version," MPRA Paper 32401, University Library of Munich, Germany.
    9. Julia Grübler & Mahdi Ghodsi & Robert Stehrer, 2022. "Import demand elasticities revisited," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 31(1), pages 46-74, January.
    10. Zaki, C., 2014. "An empirical assessment of the trade facilitation initiative: econometric evidence and global economic effects," World Trade Review, Cambridge University Press, vol. 13(1), pages 103-130, January.
    11. De Miguel, Carlos J. & Durán Lima, José Elías & Schuschny, Andrés Ricardo, 2007. "El modelo GTAP y las preferencias arancelarias en América Latina y el Caribe: reconciliando su año base con la evolución reciente de la agenda de liberalización regional," Manuales 5492, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    12. Dolabella, Marcelo, 2020. "Bilateral effects of non-tariff measures on international trade: Volume-based panel estimates," Comercio Internacional 46014, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    13. Michael Bratt, 2017. "Estimating the bilateral impact of nontariff measures on trade," Review of International Economics, Wiley Blackwell, vol. 25(5), pages 1105-1129, November.
    14. Marco Fugazza, 2013. "The Economics Behind Non-Tariff Measures: Theoretical Insights And Empirical Evidence," UNCTAD Blue Series Papers 57, United Nations Conference on Trade and Development.
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    Cited by:

    1. Aguiar, Angel & Durán Lima, José Elías & Ronzheimer, Ira Nadine, 2021. "Economic and social effects of a possible trade agreement between Latin America and the Asia-Pacific region," Comercio Internacional 47659, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).

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