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Are South-South RTAs Growth Enhancing. The Case of Latin American Agreements, 1960-2000

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  • Lo Turco. A.

Abstract

This study represents the evaluation of the growth effects of three Latin American trade agreements for the countries involved. The use of a longitudinal data set allows for a new approach to the topic: under speci?c assumptions, the experience of a group of countries unaffected by the policy intervention will represent what the countries affected would have experienced, had they not negotiated the agreement. This can provide the basic piece of information needed for the evaluation of the policy change. Despite the increased degree of trade introversion for medium and high technology goods, results suggest that, ceteris paribus, no positive additional growth effects emerge on average from the participation into an agreement for the countries involved.

Suggested Citation

  • Lo Turco. A., 2005. "Are South-South RTAs Growth Enhancing. The Case of Latin American Agreements, 1960-2000," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 5(2).
    • Handle: RePEc:eaa:aeinde:v:5:y:2005:i:2_1
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    More about this item

    Keywords

    South-South Trade Agreements; Growth.;

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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