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Uncovering the Barriers of the China-Latin America & Caribbean Trade

Author

Listed:
  • Moreira, Mauricio
  • Soares, Andre
  • Li, Kun

Abstract

This study makes a concerted effort to draw attention to a trade agenda that remained largely ignored during the China-LAC trade boom. Mesmerized by epic export gains, both sides of the relationship largely looked the other way when it came to tariffs and non-tariff barriers and, as a result, have essentially failed to document, measure their impact and negotiate their removal. To close this gap, this study offers a detailed analysis of these barriers, including rigorous estimates of their impact on bilateral trade flows. The results suggest that both sides have much to gain from a more activist trade policy. For instance, the median impact of a convergence of China’s import tariffs to OECD levels would be 53 percent for LAC agricultural exports, and 46.5 percent for its manufacturing exports. Likewise, a similar convergence in LAC import tariffs to OECD levels would have 16 percent median impact on China’s manufacturing exports to the region.

Suggested Citation

  • Moreira, Mauricio & Soares, Andre & Li, Kun, 2016. "Uncovering the Barriers of the China-Latin America & Caribbean Trade," MPRA Paper 102698, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:102698
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    References listed on IDEAS

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    More about this item

    Keywords

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    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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