El rol de los acuerdos intra y extrarregionales en los flujos comerciales: El caso de la Comunidad Andina de Naciones

The Andean Community of Nations (CAN), created in 1969, is a regional trade agreement designed to promote development in member countries via integration. Member countries have also signed extra-regional agreements. Fifty years after the creation of CAN, it is crucial to determine whether intra- and extra-regional agreements have played a fundamental role in member countries' trade flows, or whether other factors have significantly influenced these trade flows. This study estimates the augmented gravity model for the period 2000-2017. It found evidence that intra- and extra-regional agreements have not played a major role in CAN trade flows.