IDEAS home Printed from https://ideas.repec.org/a/eco/journ1/2020-03-14.html
   My bibliography  Save this article

Social-economic Analysis of Physical Integration between Brazil and Peru: Focus for the Regions Linked to the Interoceanic Highway

Author

Listed:
  • Jorge Luis Sanchez Arevalo

    (Federal University of Mato Grosso do Sul and University of São Paulo, Brazil)

  • Edgard Monforte Merlo

    (Federal University of Mato Grosso do Sul and University of São Paulo, Brazil)

Abstract

The objective of the study was to estimate the impact of the interoceanic highway construction on trade facilitation between Brazil and Peru, especially in the states linked to the highway. The methodology starts from a panel data econometric approach. The results indicate a positive impact of highway construction on trade facilitation for the linked states. On the other hand, a positive relationship was found between greater distance and trade flow, which is justified by the fact that the more developed states and, therefore, with greater trade flow are located farther than the border of both countries.

Suggested Citation

  • Jorge Luis Sanchez Arevalo & Edgard Monforte Merlo, 2020. "Social-economic Analysis of Physical Integration between Brazil and Peru: Focus for the Regions Linked to the Interoceanic Highway," International Journal of Economics and Financial Issues, Econjournals, vol. 10(3), pages 102-110.
  • Handle: RePEc:eco:journ1:2020-03-14
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijefi/article/download/9313/pdf
    Download Restriction: no

    File URL: https://www.econjournals.com/index.php/ijefi/article/view/9313/pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Eva Cihelková & Yelena Frolova, 2014. "The Impact Of Regionalism On Regional Development Under The Conditions Of A Globalized Economy," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 46-57.
    2. Santos Silva, J.M.C. & Tenreyro, Silvana, 2011. "Further simulation evidence on the performance of the Poisson pseudo-maximum likelihood estimator," Economics Letters, Elsevier, vol. 112(2), pages 220-222, August.
    3. Harpaul Alberto Kohli & Phillip Basil, 2011. "Requirements for Infrastructure Investment in Latin America Under Alternate Growth Scenarios," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 3(1), pages 59-110, January.
    4. Bergstrand, Jeffrey H. & Larch, Mario & Yotov, Yoto V., 2015. "Economic integration agreements, border effects, and distance elasticities in the gravity equation," European Economic Review, Elsevier, vol. 78(C), pages 307-327.
    5. Agur Itai, 2008. "The US Trade Deficit, the Decline of the WTO and the Rise of Regionalism," Global Economy Journal, De Gruyter, vol. 8(3), pages 1-34, September.
    6. Okabe, Misa & Urata, Shujiro, 2014. "The impact of AFTA on intra-AFTA trade," Journal of Asian Economics, Elsevier, vol. 35(C), pages 12-31.
    7. Wolfgang Alschner, 2014. "Regionalism and Overlap in Investment Treaty Law: Towards Consolidation or Contradiction?," Journal of International Economic Law, Oxford University Press, vol. 17(2), pages 271-298.
    8. Jeffrey H. Bergstrand & Mario Larch & Yoto V. Yotov, 2013. "Economic Integation Agreements, Border Effects, and Distance Elasticities in the Gravity Equation," CESifo Working Paper Series 4502, CESifo.
    9. Zeynalov, Ayaz, 2014. "The Gravity of Institutions in Resource-Rich Country," MPRA Paper 60943, University Library of Munich, Germany.
    10. Santos Silva, J.M.C. & Tenreyro, Silvana, 2010. "On the existence of the maximum likelihood estimates in Poisson regression," Economics Letters, Elsevier, vol. 107(2), pages 310-312, May.
    11. Herz Bernhard & Wagner Marco, 2011. "Regionalism as a Building Block for Multilateralism," Global Economy Journal, De Gruyter, vol. 11(1), pages 1-25, March.
    12. Bouzas, Roberto, 2005. "The new regionalism" and the Free Trade Area of the Americas: a less benevolent view"," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Physical Integration; Border; flow of trade; Gravitational model.;

    JEL classification:

    • F1 - International Economics - - Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ1:2020-03-14. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ilhan Ozturk). General contact details of provider: http://www.econjournals.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.