La dinámica y los determinantes del proceso de integración económica de América Latina

La Dynamics and determinants of the Latin American economic integration process

Luis Marcelo Florensa (), Laura Márquez-Ramos, María Luisa Recalde () and Pedro Gabriel Degiovanni

Estudios Economicos, 2018, vol. 035 (Nueva Serie), issue 70, 5-26

Abstract: This paper studies the dynamics of the economic integration process in Latin America and analyzes its determinants in different points of time during 1962-2009. A discrete choice model is estimated, in which the dependent variable is the existence of an integration agreement between two countries, while the explanatory variables are classified into economic, geographic, political and institutional factors. The main findings show that economic and geographical factors are important in explaining why countries sign trade integration agreements, although this importance is time sensitive. In addition, results suggest that poltical and institutional factors play an important role in integration strategies

Keywords: comercio internacional; acuerdos de integración económica; factores políticos e institucionales; Latinoamérica; international trade; economic integration agreements; political and institucional factors; latin america (search for similar items in EconPapers)
JEL-codes: F14 F15 F50 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:uns:esteco:v:35:y:2018:i:70:p:5-26

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