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Regionalismo abierto en la Comunidad Andina. ¿Creación o desviación de comercio?

Author

Listed:
  • Creamer, Germán

    (Columbia University y Tulane University)

Abstract

This paper evaluates the extent to which the establishment of the Andean Free Trade Zone (AFTZ) has led to intra-regional trade creation, as promised by open regionalism, or to trade diversion. Open regionalism is a dynamic process in which economic agreements are intermediate steps towards integration with the world economy. The reduction of both policy and natural barriers to intra-regional trade decreases transaction cost, increases returns and levels of investment, and leads to trade creation. This paper calculates ex post income elasticities of import demand, the intensity of trade index , and the propensity to export intra and extra- regionally before (1980-1992) and after (1993-2000) the establishment of the AFTZ. The analysis of ex post income elasticities of import demand shows that the establishment to the AFTZ led to trade creation and to gross trade creation, as the open regionalism view proposes, and not to trade diversion. These results are confirmed by the intensity of trade index and the propensity to export intra and extra-regionally. Additionally, the Andean Community has supported the agenda of becoming part of wider economic agreements such as Mercosur and the Free Trade Area of the Americas (FTAA), in keeping with the open regionalism approach, to be consistent with the GATT-WTO principles.// Este artículo evalúa si el establecimiento de la Zona de Libre Comercio de la Comunidad Andina (ZLCCA) ha llevado a creación de comercio, como lo propone el regionalismo abierto, o a la desviación de comercio. El análisis de las elasticidades ingreso de demanda de importaciones ex post antes (1980-1993) y después (1993-2000) del establecimiento de la ZLCCA indica que ésta ha contribuido a creación de comercio, a desviación bruta de comercio y no a desviación de comercio en la Comunidad Andina. Estos resultados son confirmados por el índice de intensidad de comercio y la propensión a exportar intra y extrarregionalmente. Además, la Comunidad Andina ha apoyado el programa de ser parte de acuerdos amplios de comercio como el Mercosur y el Área de Libre Comercio de las Américas (ALCA), congruente con los principios del GATT-OMC.

Suggested Citation

  • Creamer, Germán, 2004. "Regionalismo abierto en la Comunidad Andina. ¿Creación o desviación de comercio?," El Trimestre Económico, Fondo de Cultura Económica, vol. 0(281), pages 45-71, enero-mar.
    • Handle: RePEc:elt:journl:v:71:y:2004:i:281:p:45-71
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    Citations

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    Cited by:

    1. Eric Tremolada Álvarez (editor), 2013. "Repensando la integración y las integraciones," Books, Universidad Externado de Colombia, Facultad de Finanzas, Gobierno y Relaciones Internacionales, edition 1, volume 1, number 85, August.

    More about this item

    Keywords

    liberación de comercio; creación de comercio; desviación de comercio; integración económica; regionalismo abierto; área de libre comercio; comunidad andina;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

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