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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 S o Paulo, Brazil)

  • Edgard Monforte Merlo

    (Federal University of Mato Grosso do Sul and University of S o 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, International Journal of Economics and Financial Issues, vol. 10(3), pages 102-110.
    • Handle: RePEc:eco:journ1:2020-03-14
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    References listed on IDEAS

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    Keywords

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    JEL classification:

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

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