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The education networks of Latin America. Effects on trade during and after the cold war

Author

Listed:
  • Marina Murat
  • María Luisa Recalde
  • Pedro Gabriel Degiovanni

Abstract

The friendship and social networks international students tend to build during their university studies can boost trade between the home country and that of the alma mater. This paper tests the effects of Latin American students on bilateral trade between eleven home economies and nine OECD countries during 1971-2012. We find education networks to positively and significantly affect both exports and imports. Also, the democratization and liberalization of Latin American political regimes following the end of the cold war slightly weaken the influence of networks, but directly and positively affect trade. Results are robust to different specifications and regressors.

Suggested Citation

  • Marina Murat & María Luisa Recalde & Pedro Gabriel Degiovanni, 2015. "The education networks of Latin America. Effects on trade during and after the cold war," Department of Economics 0056, University of Modena and Reggio E., Faculty of Economics "Marco Biagi".
    • Handle: RePEc:mod:depeco:0056
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    References listed on IDEAS

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    More about this item

    Keywords

    bilateral trade; education networks; international students; Latin America.;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F29 - International Economics - - International Factor Movements and International Business - - - Other
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
    • I20 - Health, Education, and Welfare - - Education - - - General

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