Arbeitspapier
Does trade integration imply growth in Latin America? Evidence from a dynamic spatial spillover model
To investigate the role of intra-regional trade integration on economic growth in Latin America, we develop a multilevel spatial production network model with time-varying parameters. The theoretical model is established for a multi-country and multi-sectoral economy. The reduced-form econometric framework relies partly on observation-driven dynamic processes. The finite-sample properties of the maximum likelihood estimates are investigated through a Monte Carlo study. The empirical study is for six countries in Latin America. The findings suggest that intra-country spillovers configure an important factor for explaining growth, while the importance of domestic spillovers is limited. The growth volatility is substantively reduced since 2005.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tinbergen Institute Discussion Paper ; No. TI 2023-007/III
- Klassifikation
-
Wirtschaft
Multiple or Simultaneous Equation Models: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
Empirical Studies of Trade
Economic Growth of Open Economies
- Thema
-
Spatial network model
multilevel model
time-varying parameters
economic modeling
trade liberization
growth.
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Blasques, F.
Gorgi, P.
Koopman, S. J.
Sampi, J.
- Ereignis
-
Veröffentlichung
- (wer)
-
Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
2023
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Blasques, F.
- Gorgi, P.
- Koopman, S. J.
- Sampi, J.
- Tinbergen Institute
Entstanden
- 2023
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