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Exports from the Visegrad Group to Latin America - Factors of attractiveness between 2001 and 2013

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  • Lourdes Gabriela Daza Aramayo
  • Marek Vokoun

Abstract

This paper focuses on the identification of the variables determining the attractiveness of the exports from the Visegrad Group to Latin American and Caribbean countries using methods of economic history and cliometrics. There are a total of twenty-two countries represented over a period of ten years, from 2001 to 2013. It considers institutional and technological variables traditionally not taken into account, such as corruption control, patent applications and FDI inflow per GDP. As shown in the analysis and results presented in this paper, these factors not only point back to traditional variables such as GDP, inflation, population, the share of GDP by sector, etc. but also have an influence in attracting trade flows. This research will also analyze the main export trends from V4 to Latin America and Caribbean in a historical perspective between 2001 and 2013.

Suggested Citation

  • Lourdes Gabriela Daza Aramayo & Marek Vokoun, 2016. "Exports from the Visegrad Group to Latin America - Factors of attractiveness between 2001 and 2013," Současná Evropa, Prague University of Economics and Business, vol. 2016(1), pages 42-60.
    • Handle: RePEc:prg:jnlsev:v:2016:y:2016:i:1:id:131:p:42-60
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    Keywords

    Institutions; International Trade; Economic history; Latin America and Caribbean; Visegrad Group; instituce; mezinárodní obchod; hospodářské dějiny; Latinská Amerika a Karibik; Visegrádská skupina;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • N46 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Latin America; Caribbean
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
    • P45 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - International Linkages
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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