Geography, policy, or productivity? Regional trade in five South American countries, 1910-50
Bibliographic Data
Regional trade in South America since independence has long been much smaller than would be expected if geography were the only constraint on trade. Several potential explanations exist, including low technological and demand complementarities; low productivity; and high natural and policy barriers to trade. Focusing on the latter explanations, policy makers have long advocated a South American/Southern Cone Free Trade Area-proposed as early as 1889. Would reductions in trade costs have been sufficient to raise trade significantly, or was trade low for other reasons? We study bilateral trade between 1910 and 1950, when large external shocks altered global supply and demand. These shocks help us show that intra-regional trade could have been boosted by reductions in trade costs. Trade among Argentina, Bolivia, Brazil, Chile, and Peru could have benefited from more benign trade policies or better infrastructure. Regional trade in textiles, which took off from the 1930s, supports our argument that trade improved when trade costs fell
Bilateral trade · Commercial policy · Constraint (computer-aided design) · Economic growth · Economic integration · Economics · Free trade · Geography · Independence (probability theory) · International economics · International free trade agreement · International trade · Productivity · Regional trade · Trade barrier · Economic Theory and Policy · Global Financial Crisis and Policies · Global trade and economics
The Economic Development of Latin America since Independence
Gravity Equations
Increasing Returns Versus National Product Differentiation as an Explanation for the Pattern of U.S.–Canada Trade
The Political Economy of Import-Substituting Industrialization in Latin America
The erosion of colonial trade linkages after independence
Gravity with Gravitas
The Oxford Handbook of Latin American Economics
The Log of Gravity
The Smoot-Hawley Tariff
Intraregional Trade in South America, 1912–1950
On the Accuracy of Export Growth in Argentina, 1870–1913
La fiabilidad en la distribución geográfica de las exportaciones argentinas, 1875-1913
Navigating in Troubled Waters
La fiabilidad de la asignación geográfica en las estadísticas de comercio exterior
Industrial Growth and World Trade
Trade costs in the first wave of globalization
On the accuracy of foreign trade statistics (1909–1935)
Unclogging the Arteries
Structural Change in Argentina, 1935-1960
On the Costs of Inward-Looking Development
El Plan de Reactivación Económica ante el Honorable Senado
South America and the First World War
The Challenge of Cooperation
International competition in the first wave of globalization
| Unique citing works | 4 |
|---|---|
| Citations per year | 0,31 |
| Citation span | 2013 - 2019 (7) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |