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Historia e integración económica en Centroamérica

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  • Cáceres, Luis René

    (Funcionario del Banco Interamericano de Desarrollo)

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    Abstract

    This paper presents a gravity model for trade flows between the Central American countries, which include the levels of past exports as explanatory variables. Results indicate that past exports are estimated including indexes of human capital in place of the corresponding countries’ GDP, with results showing the important role human capital exerts on trade flows. Several explanations for this result are explored, in terms of private investment functions and of the role of human capital in promoting trade. The paper ends with a series of consideration on the implication of the effects of past exports on the trajectories of economic disparities among member countries in an economic integration program.// En este artículo se presenta un modelo de gravedad para las corrientes comerciales entre los países centroamericanos en el que se incluyen las exportaciones pasadas como variables explicativas. Los resultados indican que las corrientes de comercio pasadas son importantes determinantes de las actuales. Se examinan diversas explicaciones para este resultado en términos de rezagos en la función de inversión de sector privado y del papel propulsivo que desempeñan las reducciones en el costo de transporte del comercio intrarregional. Además, se estiman ecuaciones de gravedad usando índices de capital humano en vez de los productos de las países respectivos, las que demuestran que el capital humano en vez de los productos de los países respectivos, las que demuestran que el capital humano tiene un importante papel en el dinamismo del comercio exterior. Por último, se examinan las consecuencias de los resultados de la evolución de las disparidades económicas y sociales entre los países centroamericanos.

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    Bibliographic Info

    Article provided by Fondo de Cultura Económica in its journal El Trimestre Económico.

    Volume (Year): LXX (1) (2003)
    Issue (Month): 277 (enero-marzo)
    Pages: 3-20

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    Handle: RePEc:elt:journl:v:70:y:2003:i:277:p:3-20

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    Web page: http://www.fondodeculturaeconomica.com/

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    Postal: Order print issues directly in our web page or with Guadalupe Galicia at Fondo de Cultura Económica, El Trimestre Económico, Carretera Picacho Ajusco 227, 6° piso,Col. Bosques del Pedregal, CP 14738, Tlalpan, Distrito Federal, México
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    Related research

    Keywords: integración económica; desarrollo económico; historia; histéresis; disparidades regionales; convergencia económica;

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