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Integrating Latin America and the Caribbean: Potential effects of removing tariffs and streamlining non-tariff measures

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  • Dolabella, Marcelo
  • Durán Lima, José Elías

Abstract

This study analyses the impact of reducing intraregional trade barriers in the context of a free trade agreement in Latin America and the Caribbean. It concludes that a full tariff reduction and elimination of non-tariff measures would have positive impacts on trade, production, welfare and employment across the region.

Suggested Citation

  • Dolabella, Marcelo & Durán Lima, José Elías, 2021. "Integrating Latin America and the Caribbean: Potential effects of removing tariffs and streamlining non-tariff measures," Documentos de Proyectos 46649, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    • Handle: RePEc:ecr:col022:46649
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    File URL: http://repositorio.cepal.org/handle/11362/46649
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    References listed on IDEAS

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    1. Hiau LooiKee & Alessandro Nicita & Marcelo Olarreaga, 2009. "Estimating Trade Restrictiveness Indices," Economic Journal, Royal Economic Society, vol. 119(534), pages 172-199, January.
    2. Jaime de Melo & Alessandro Nicita, 2018. "Non-Tariff Measures: Data and Quantitative Tools of Analysis," Post-Print hal-01731305, HAL.
    3. Hertel, Thomas & Hummels, David & Ivanic, Maros & Keeney, Roman, 2007. "How confident can we be of CGE-based assessments of Free Trade Agreements?," Economic Modelling, Elsevier, vol. 24(4), pages 611-635, July.
    4. Hiau Looi Kee & Alessandro Nicita & Marcelo Olarreaga, 2008. "Import Demand Elasticities and Trade Distortions," The Review of Economics and Statistics, MIT Press, vol. 90(4), pages 666-682, November.
    5. Mahdi Ghodsi & Julia Grübler & Robert Stehrer, 2016. "Estimating Importer-Specific Ad Valorem Equivalents of Non-Tariff Measures," wiiw Working Papers 129, The Vienna Institute for International Economic Studies, wiiw.
    6. Marco Fugazza & Jean-Christophe Maur, 2008. "Non-Tariff Barriers In Computable General Equilibrium Modelling," UNCTAD Blue Series Papers 38, United Nations Conference on Trade and Development.
    7. Julia Grübler & Mahdi Ghodsi & Robert Stehrer, 2022. "Import demand elasticities revisited," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 31(1), pages 46-74, January.
    8. Gaulier, Guillaume & Zignago, Soledad, 2004. "Notes on BACI (analytical database of international trade). 1989-2002 version," MPRA Paper 32401, University Library of Munich, Germany.
    9. Michael Bratt, 2017. "Estimating the bilateral impact of nontariff measures on trade," Review of International Economics, Wiley Blackwell, vol. 25(5), pages 1105-1129, November.
    10. Marco Fugazza, 2013. "The Economics Behind Non-Tariff Measures: Theoretical Insights And Empirical Evidence," UNCTAD Blue Series Papers 57, United Nations Conference on Trade and Development.
    11. David vanzetti & Ralph Peters & Christian Knebel, 2016. "Sand In The Wheels: Non-Tariff Measures And Regional Integration In Sadc," UNCTAD Blue Series Papers 71, United Nations Conference on Trade and Development.
    12. Zaki, C., 2014. "An empirical assessment of the trade facilitation initiative: econometric evidence and global economic effects," World Trade Review, Cambridge University Press, vol. 13(1), pages 103-130, January.
    13. Schuschny, Andrés Ricardo & Durán Lima, José Elías & De Miguel, Carlos J., 2007. "El modelo GTAP y las preferencias arancelarias en América Latina y el Caribe: reconciliando su año base con la evolución reciente de la agenda de liberalización regional," Manuales 5492, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    14. Dolabella, Marcelo, 2020. "Bilateral effects of non-tariff measures on international trade: Volume-based panel estimates," Comercio Internacional 46014, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
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    Cited by:

    1. Durán Lima, José Elías & Aguiar, Angel & Ronzheimer, Ira Nadine, 2021. "Economic and social effects of a possible trade agreement between Latin America and the Asia-Pacific region," Comercio Internacional 47659, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).

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