The Impact of Trade Agreements in Latin America using the Synthetic Control Method
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Summary:
The paper employs synthetic control method (SCM) to determine the impact of trade agreements for 64 Latin American country pairs in the period 1989-1996. The results suggest that trade agreements have markedly boosted exports in Latin America, on an average by 76.4 percentage points over ten years. However, there is variation across countries and agreements. The export gains due to trade agreements are lower than the world average comprising 104 country pairs in the period 1983-1995.
Series:
Working Paper No. 2017/045
Subject:
Customs unions Export performance Exports International trade North American Free Trade Agreement Trade agreements
English
Publication Date:
March 9, 2017
ISBN/ISSN:
9781475585544/1018-5941
Stock No:
WPIEA2017045
Pages:
29
Please address any questions about this title to publications@imf.org