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Determinantes de los niveles de integración regional en las dos últimas décadas
(CAF, 2021-09-09)
La hipótesis principal del trabajo es que el mal desempeño de América Latina en términos de comercio intrarregional se explica por los altos niveles de costos comerciales. Se construyó una base de datos para el período ...
Intra-bloc tariffs and preferential margins in trade agreements
(CAF, 2022-07-11)
We study how countries choose intra-bloc tariffs and preferential margins in Preferential Trade Agreements (PTAs). Our model indicates that countries should set systematically lower prefer-ential margins when the bloc takes ...
Size, Position and Length in Value Chains in Latin America
(CAF, 2022-03-25)
In this article, I develop a framework that divides global value chains into regional and extra-regional and studies the participation of Latin American countries in international fragmentation of production along 25 years ...
Asymmetric Effects of Trade and FDI: The Role of Country Size and Bridge Multinational Production
(2022-12-13)
Total gains from openness come through three channels: (i) trade, (ii) domestic multinational production (DMP), and (iii) bridge multinational production (BMP). We develop a quantitative theory to measure the effects of ...