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Trade Intensification in the Central American Common Market

Bibliographic Data

ID4547513
AuthorsGeorge Christou (0000-0003-3964-6645, Louisiana State University, corresponding author), Walton T Wilford (Louisiana State University)
Year1973
Volume15
Issue2
Pages249-264
Publication date1973-05-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Interamerican Studies and World Affairs (JOURNAL)
Journal identifiersISSN: 0022-1937 • E-ISSN: 2162-2736
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.2307/174699
OpenAlexW2783440302
LanguageEN
References cited4

The movement toward regional integration is one of the more important features of international economic relations between developing nations during the past decade, and none has been more ambitious in the developing world than the attempt of the five countries of Central America to band together in the Central American Common Market (CACM). The CACM was a dominant force in Central American economic development throughout the decade of the 1960s, and sufficient data are now available to make preliminary judgments about the effects of economic integration upon the intra- and extraregional trade patterns of the isthmus.The model used in the ensuing analysis is similar to the one postulated by Savage and Deutsch (1960) and Goodman (1963: 197), and is a useful step in preliminary analysis of flow data such as trade flows among countries. The model does not seek to explain such flows, but rather to adjust them or remove the effect of the trade-size factor

Developing country · Development economics · Economic growth · Economic integration · Economics · International economics · International trade · Political science · Regional Integration · Global Trade and Competitiveness · Global trade and economics

  • A Statistical Model of the Gross Analysis of Transaction Flows

    I Richard Savage, Karl W Deutsch•Econometrica•1960

Citation velocityhistorical
Highly citedNo

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