Trade Openness and Inflation in Latin American Countries

Prof Rajagopal

No 2007-05-MKT, Marketing Working Papers from Tecnológico de Monterrey, Campus Ciudad de México

Abstract: In the pre-reforms period the trade policy in Latin America had involved very high levels of protection and government intervention. The recent trade liberalization policies of the Latin American countries have sought to reverse the protectionist policies and open the scope for foreign direct investment and joint ventures in the public and private sector industries. This paper discusses the impact of trade openness policy on tariff structure, export competitiveness, inflation and economic growth of Latin American countries. The relationship between the trade openness and general price level as an indicator of inflation and robustness of this relationship has been explored in the study.

Keywords: Trade openness; export competitiveness; institutional reforms; economic growth; trade blocs; trade agreements; neo-regionalism; inflationary trend; foreign investment; and economic welfare (search for similar items in EconPapers)
JEL-codes: C21 C33 C51 E31 F13 F41 F43 (search for similar items in EconPapers)
Date: 2007-08
New Economics Papers: this item is included in nep-int, nep-mac and nep-mon
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://alejandria.ccm.itesm.mx/egap/documentos/2007-05-MKT.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to alejandria.ccm.itesm.mx:80 (No such host is known. )

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ega:wpaper:200705

Access Statistics for this paper

More papers in Marketing Working Papers from Tecnológico de Monterrey, Campus Ciudad de México Contact information at EDIRC.
Bibliographic data for series maintained by Amaranta Arroyo ( this e-mail address is bad, please contact ).