Arbeitspapier

Complements or Substitutes? Preferential and Multilateral Trade Liberalization at the Sectoral Level

This paper explores the relationship between preferential and multilateral trade liberalization at the sectoral level using a unique dataset that includes data on most favored nation (MFN) and bilateral preferential tariffs at the 4-digit ISIC level for 11 Latin American countries over the period 1985–2005. We find evidence of heterogeneity across sectors. While in some industries, complementary effects between both kinds of trade liberalization are observed, in others no significant links are detected and—in a few cases—even substitutability seems to prevail. Variation across sectors appears to be systematically related to both import demand elasticities and countries’ sectoral comparative advantages.

Sprache
Englisch

Erschienen in
Series: ADB Working Paper Series on Regional Economic Integration ; No. 39

Klassifikation
Wirtschaft
Single Equation Models; Single Variables: General
Trade Policy; International Trade Organizations
Empirical Studies of Trade
Thema
Trade liberalization
regionalism
Latin America

Ereignis
Geistige Schöpfung
(wer)
Ando, Mitsuyo
Estevadeordal, Antoni
Volpe Martincus, Christian
Ereignis
Veröffentlichung
(wer)
Asian Development Bank (ADB)
(wo)
Manila
(wann)
2009

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • Ando, Mitsuyo
  • Estevadeordal, Antoni
  • Volpe Martincus, Christian
  • Asian Development Bank (ADB)

Entstanden

  • 2009

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