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, CARDENETE FLORES, MANUEL ALEJANDRO, NEKHAY, OLEXANDR, CALDENTEY DEL POZO, PEDRO, CRISTOBAL CAMPOAMOR , ADOLFO
External publication No
Means Emerg. Mark. Financ. Trade
Scope Article
Nature Científica
JCR Quartile 3
SJR Quartile 2
JCR Impact 1.21400
Area International
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