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 1.21400
SJR Impact 0.44400
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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