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The Determinants of Colombian Exports: An Empirical Analysis Using the Gravity Model

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  • Correia Leite João

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    Abstract

    This thesis makes use of the gravity model to analyze the effectiveness of EU’s consecutive GSP programs on promoting Colombian exports. It concludes that the European preference systems have been consecutively less effective on boosting Colombian exports over time. This is explained by three major factors: an increasingly more efficient US preference system; a deepening of the Andean integration; and occurrence of EU enlargements. The sectoral analysis reveals that the GSP program of the EU had different effects across sectors.

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    File URL: http://economia.uniandes.edu.co/revistadys/61/05_Gravity.pdf
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    Bibliographic Info

    Article provided by UNIVERSIDAD DE LOS ANDES-CEDE in its journal REVISTA DESARROLLO Y SOCIEDAD.

    Volume (Year): (2008)
    Issue (Month): ()
    Pages:

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    Handle: RePEc:col:000090:005773

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Mauricio Cárdenas & Camilo García Jimeno, 2004. "El modelo gravitacional y el TLC entre Colombia y Estados Unidos," WORKING PAPERS SERIES. DOCUMENTOS DE TRABAJO 002527, FEDESARROLLO.
    2. James E. Anderson, 2010. "The Gravity Model," NBER Working Papers 16576, National Bureau of Economic Research, Inc.
    3. Subramanian, Arvind & Wei, Shang-Jin, 2005. "The WTO Promotes Trade, Strongly But Unevenly," CEPR Discussion Papers 5122, C.E.P.R. Discussion Papers.
    4. Jacques Melitz, 2005. "North, South and Distance in the Gravity Model," Working Papers 2005-11, Centre de Recherche en Economie et Statistique.
    5. Andrew K. Rose, 2002. "Do We Really KNow that the WTO Increases Trade?," Working Papers 182002, Hong Kong Institute for Monetary Research.
    6. Andrew K. Rose, 1999. "One Money, One Market: Estimating the Effect of Common Currencies on Trade," NBER Working Papers 7432, National Bureau of Economic Research, Inc.
    7. Persson, Maria & Wilhelmsson, Fredrik, 2006. "Assessing the Effects of EU Trade Preferences for Developing Countries," Working Papers 2006:4, Lund University, Department of Economics, revised 26 Jun 2006.
    8. McCallum, John, 1995. "National Borders Matter: Canada-U.S. Regional Trade Patterns," American Economic Review, American Economic Association, vol. 85(3), pages 615-23, June.
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