Arbeitspapier

The Free Trade Agreement between Chile and the EU: Its potential impact on Chile's export industry

Bilateral Free Trade Agreements (FTAs) and unilateral trade liberalization have been two strategies used extensively by Chile to expand its exports and improve its competitive position in the world markets. It is the objective of this paper to analyze the role of trade agreements, price competitiveness, real income, per capita income differences and transport costs in Chilean export trade with the EU. To this end, Chile's most important export sectors, namely fish, fruit, beverages, ores, copper, and wood and products thereof are investigated using panel data from Chile's main trading partners in the EU over the period 1988-2002. The econometric model used is a refined augmented gravity model. It is found that the FTA between Chile and the EU, if fish, fruit and wine were included, would have a noticeable impact on Chilean export performance. Price competitiveness is important in most of the sectors under investigation. As expected, the relevance and impact of transport costs on exports do vary from sector to sector.

Sprache
Englisch

Erschienen in
Series: IAI Discussion Papers ; No. 125

Klassifikation
Wirtschaft
Empirical Studies of Trade
Trade: Forecasting and Simulation
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Thema
EU-Chile trade agreement
sectoral trade flows
gravity model
panel analysis

Ereignis
Geistige Schöpfung
(wer)
Nowak-Lehmann D., Felicitas
Herzer, Dierk
Vollmer, Sebastian
Ereignis
Veröffentlichung
(wer)
Georg-August-Universität Göttingen, Ibero-America Institute for Economic Research (IAI)
(wo)
Göttingen
(wann)
2005

Handle
Letzte Aktualisierung
20.09.2024, 08:25 MESZ

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.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Nowak-Lehmann D., Felicitas
  • Herzer, Dierk
  • Vollmer, Sebastian
  • Georg-August-Universität Göttingen, Ibero-America Institute for Economic Research (IAI)

Entstanden

  • 2005

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