Resumen
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.
Título traducido de la contribución | The role of intra- And extra-regional agreements in trade flows- And case of the andean community of nations |
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Idioma original | Español |
Páginas (desde-hasta) | 165-188 |
Número de páginas | 24 |
Publicación | Problemas del Desarrollo |
Volumen | 52 |
N.º | 204 |
DOI | |
Estado | Publicada - ene. 2021 |
Palabras clave
- Andean Community of Nations
- Economic integration
- Gravity equation
- Panel data
- Trade agreements
- Trade flows