¿Son importantes los acuerdos en el comercio internacional de Bolivia? Una aplicación de la teoría de la gravitación a los flujos comerciales
[Are agreements important in Bolivia's international trade? An application of the gravity equation]
Given the debate about the advantages and disadvantages of free trade in development countries, this document analyses the importance of bilateral and multilateral agreements on Bolivia's trade between 1992 and 2009. For this purpose, a pooled model and panel data for the gravity equation of trade are estimated. Results show that trade agreements in Bolivia have not been relevant to modify the existing patterns of trade. In particular, trade agreements have not been helpful to increase the countries' exports. Bolivia's trade patterns are then better explained by more structural factors, such as the economic size of trade partners and their geographical proximity.
|Date of creation:||01 Jun 2012|
|Date of revision:|
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Andrew K. Rose, 2004.
"Do We Really Know That the WTO Increases Trade?,"
American Economic Review,
American Economic Association, vol. 94(1), pages 98-114, March.
- Andrew K. Rose, 2002. "Do We Really KNow that the WTO Increases Trade?," Working Papers 182002, Hong Kong Institute for Monetary Research.
- Rose, Andrew K, 2002. "Do We Really Know that the WTO Increases Trade?," CEPR Discussion Papers 3538, C.E.P.R. Discussion Papers.
- Andrew K. Rose, 2002. "Do We Really Know that the WTO Increases Trade?," NBER Working Papers 9273, National Bureau of Economic Research, Inc.
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