Regional Integration and Intra-industry Trade in Latin America, 1980-90

Robert Guell and Donald G. Richards

International Review of Applied Economics, 1998, vol. 12, issue 2, pages 283-300

Abstract: The decade of the 1980s saw profound changes in the political economy of Latin America. The stabilisation and debt crises forced many countries in the region to re-examine their economic policies individually as well as collectively. The consequence was both a movement in the direction of neoliberal reform that included an emphasis on export promotion as well as a revival of interest in regional integration. The specific purpose of the present paper is to examine the consequences of these changes for the structure of intra-regional trade among and between Latin American countries. More specifically, we are interested in assessing the region's performance in terms of intra-regional, intra-industry trade over the period 1980-90.

Date: 1998
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