Title |
Intra-Regional vs. Extra-Regional Trade Liberalization in Central America |
Authors |
CRISTOBAL CAMPOAMOR, ADOLFO, CARDENETE FLORES, MANUEL ALEJANDRO, CALDENTEY DEL POZO, PEDRO, NEKHAY, OLEXANDR |
External publication |
No |
Means |
Emerg. Mark. Financ. Trade |
Scope |
Article |
Nature |
Científica |
JCR Quartile |
3 |
SJR Quartile |
2 |
JCR Impact |
1.214 |
SJR Impact |
0.444 |
Web |
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85059043541&doi=10.1080%2f1540496X.2018.1521802&partnerID=40&md5=64c81fe4f801e1ab708f36b3bfdf2e29 |
Publication date |
21/06/2019 |
ISI |
000462832200013 |
Scopus Id |
2-s2.0-85059043541 |
DOI |
10.1080/1540496X.2018.1521802 |
Abstract |
Although the Central American countries trade very extensively with the USA, the remarkable growth of their intra-regional exports is prone to create more internal added value for the region. Taking this background into account, we use and compare a standard, perfectly competitive and an imperfectly competitive GTAP CGE model based on the GTAP 9 database, to assess different scenarios. Our simulations evaluate the elimination of all existing import taxes and export subsidies in 2011, both at the intra-regional level and vis-a-vis the USA. The results emphasize the preference by most of the Central American countries for the completion of the Customs Union at the expense of a deepening of the DR-CAFTA agreements. |
Keywords |
applied general equilibrium; Central America; Free Trade Agreements (FTAs); GTAP |
Universidad Loyola members |
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