Arbeitspapier

Trade policy and export diversification: What should Colombia expect from the FTA with the United States

Sectoral concentration of exports has been a longstanding matter of concern for policymakers in developing countries. According to the economic theory and recent empirical evidence, improved market access through trade arrangements is likely to favor export diversification. In this paper, we assess whether this has been the case of Colombian exports to the United States and whether an FTA with the United States would help Colombia to diversify their exports. We find that lower tariffs have indeed favored exports of new products from Colombia. Predictions suggest that the FTA is likely to induce further diversification, but up to a certain point.

Sprache
Englisch

Erschienen in
Series: IDB Working Paper Series ; No. IDB-WP-136

Klassifikation
Wirtschaft
Trade: General
Economic Integration
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Single Equation Models; Single Variables: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
Thema
Trade Policy
Export Diversification
Colombia

Ereignis
Geistige Schöpfung
(wer)
Volpe Martincus, Christian
Gómez, Sandra Milena
Ereignis
Veröffentlichung
(wer)
Inter-American Development Bank (IDB)
(wo)
Washington, DC
(wann)
2009

Handle
Letzte Aktualisierung
20.09.2024, 08:25 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • Volpe Martincus, Christian
  • Gómez, Sandra Milena
  • Inter-American Development Bank (IDB)

Entstanden

  • 2009

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