CRISTOBAL CAMPOAMOR, ADOLFO, CARDENETE FLORES, MANUEL ALEJANDRO, CALDENTEY DEL POZO, PEDRO, NEKHAY, OLEXANDR
No
Emerg. Mark. Financ. Trade
Article
Científica
1.214
0.444
21/06/2019
000462832200013
2-s2.0-85059043541
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.
applied general equilibrium; Central America; Free Trade Agreements (FTAs); GTAP