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dc.titleTrade Potential in Southern Cone Countries
dc.contributor.authorFeal-Zubimendi, Soledad
dc.contributor.authorRosas García, José Nicolás
dc.contributor.authorHernaiz, Daniel
dc.contributor.authorBastos, Fabiano
dc.contributor.orgunitCountry Department Southern Cone
dc.coverageBrazil
dc.coverageArgentina
dc.coverageUruguay
dc.coverageChile
dc.coverageParaguay
dc.coverageSouth America
dc.coverageSouthern Cone
dc.date.available2018-03-22T00:00:00
dc.date.issue2018-03-19T00:00:00
dc.description.abstractA trade gravity model is used to calculate the bilateral export potential of Southern Cone countries (Argentina, Brazil, Chile, Paraguay, and Uruguay) and identify patterns of weak performance across destinations and productive sectors. After controlling for key trade fundamentals and country and time effects, we find that exports to large advanced economies like the United States and the European Union fall short of expected levels. Potential trade with the rest of Latin America shows a high degree of heterogeneity across sectors and countries. Exports within the Southern Cone are generally above the predicted value, but there is still space for higher flows, particularly regarding Chile-MERCOSUR relations.
dc.format.extent18
dc.identifier.doihttp://dx.doi.org/10.18235/0001041
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Trade-Potential-in-Southern-Cone-Countries.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectExport
dc.subjectMERCOSUR
dc.subjectEconomic Integration
dc.subjectBilateral Trade
dc.subject.jelcodeF14 - Empirical Studies of Trade
dc.typeTechnical Notes
idb.identifier.pubnumberTechnical Notes
idb.operationRG-P1731
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