Determinants of Trade Flows between Colombia and South Korea

  This paper identifies the determinants of trade flows between Colombia and South Korea. For this purpose, the economic and commercial profile for both countries, bilateral trade and the signed FTA were analyzed. Likewise, a gravity model for total and sectorial trade with panel d...

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Autores:
Tipo de recurso:
Article of investigation
Fecha de publicación:
2020
Institución:
Universidad Pedagógica y Tecnológica de Colombia
Repositorio:
RiUPTC: Repositorio Institucional UPTC
Idioma:
eng
spa
OAI Identifier:
oai:repositorio.uptc.edu.co:001/12036
Acceso en línea:
https://revistas.uptc.edu.co/index.php/cenes/article/view/10840
https://repositorio.uptc.edu.co/handle/001/12036
Palabra clave:
bilateral trade; gravity model; free trade agreement; Colombia; South Korea;
Comercio bilateral; modelo gravitacional; tratado de libre comercio; Corea del Sur; Colombia;
Rights
openAccess
License
Copyright (c) 2020 Sandra Daniela Ariza Marin
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spelling 2020-08-112024-07-05T18:44:50Z2024-07-05T18:44:50Zhttps://revistas.uptc.edu.co/index.php/cenes/article/view/1084010.19053/01203053.v39.n70.2020.10840https://repositorio.uptc.edu.co/handle/001/12036  This paper identifies the determinants of trade flows between Colombia and South Korea. For this purpose, the economic and commercial profile for both countries, bilateral trade and the signed FTA were analyzed. Likewise, a gravity model for total and sectorial trade with panel data for the period of 1993-2013 is applied, finding consistencies with the theoretical postulates. Variables such as income of the importer and exporter countries determine positive and significant bilateral trade, while the distance and landlocked decrease the likelihood of trade. Furthermore, the results of the gravity model indicate that the free trade agreements have no significant impact on trade of South Korea; however, from the analysis of the agreement it is considered that Colombian agricultural and agro-industrial products have potential opportunities to compete in the Asian country.Este trabajo de investigación identifica los determinantes de los flujos comerciales entre Colombia y Corea del Sur. Para ello, se analiza el perfil comercial de ambos países, el comercio bilateral y el TLC firmado. Así mismo, se aplica un modelo gravitacional para el comercio total y sectorial con datos de panel para el período 1993-2013, encontrando consistencia con los postulados teóricos. De manera que variables como los ingresos de los países importadores y exportadores determinan el comercio bilateral positivo y significativo, mientras que la distancia y el litoral disminuyen la probabilidad de comercio. Además, los resultados del modelo gravitacional indican que los acuerdos de libre comercio no tienen un efecto significativo en el comercio de Corea del Sur de acuerdo con la estimación realizada; sin embargo, del análisis del acuerdo se considera que los productos agrícolas y agroindustriales colombianos tienen oportunidades potenciales para competir en el país asiático.  application/pdftext/xmlengspaengspaUniversidad Pedagógica y Tecnológica de Colombiahttps://revistas.uptc.edu.co/index.php/cenes/article/view/10840/9835https://revistas.uptc.edu.co/index.php/cenes/article/view/10840/11552Copyright (c) 2020 Sandra Daniela Ariza Marinhttp://creativecommons.org/licenses/by-nc-sa/4.0info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Apuntes del Cenes; Vol. 39 No. 70 (2020); 75-105Apuntes del Cenes; Vol. 39 Núm. 70 (2020); 75-1052256-57790120-3053bilateral trade; gravity model; free trade agreement; Colombia; South Korea;Comercio bilateral; modelo gravitacional; tratado de libre comercio; Corea del Sur; Colombia;Determinants of Trade Flows between Colombia and South KoreaDeterminantes de los flujos comerciales entre Colombia y Corea del SurArtículo de revistahttp://purl.org/coar/resource_type/c_2df8fbb1info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionTexthttps://purl.org/redcol/resource_type/ARThttp://purl.org/coar/version/c_970fb48d4fbd8a85Ariza Marin, Sandra DanielaPublicationORIGINAL9835.htmltext/html32949https://repositorio.uptc.edu.co/bitstreams/20b06609-8a2f-446c-8158-f1b7ccec1458/downloadca6c003b6581e4bf7b6074364974a887MD51trueAnonymousREAD11552.htmltext/html32505https://repositorio.uptc.edu.co/bitstreams/ff34ce44-11f5-4d48-9516-0eaf6ca92aa8/download99b4fe3364e6724e907fb7b2d18e6233MD52falseAnonymousREADTEXT9835.html.txt9835.html.txtExtracted texttext/plain5632https://repositorio.uptc.edu.co/bitstreams/d5728abc-fd09-4496-82e9-26bea747c916/download53371502e3c143a3a8797e28ae7f9e48MD53falseAnonymousREAD11552.html.txt11552.html.txtExtracted texttext/plain5384https://repositorio.uptc.edu.co/bitstreams/6e445f64-39ef-48b3-a588-d57af0dcb8d1/download222aa9277c28f34d34a569f5bdb67856MD54falseAnonymousREAD001/12036oai:repositorio.uptc.edu.co:001/120362026-04-16 06:01:02.841open.accesshttps://repositorio.uptc.edu.coRepositorio Institucional UPTCbdigital@metabiblioteca.com
dc.title.en-US.fl_str_mv Determinants of Trade Flows between Colombia and South Korea
dc.title.es-ES.fl_str_mv Determinantes de los flujos comerciales entre Colombia y Corea del Sur
title Determinants of Trade Flows between Colombia and South Korea
spellingShingle Determinants of Trade Flows between Colombia and South Korea
bilateral trade; gravity model; free trade agreement; Colombia; South Korea;
Comercio bilateral; modelo gravitacional; tratado de libre comercio; Corea del Sur; Colombia;
title_short Determinants of Trade Flows between Colombia and South Korea
title_full Determinants of Trade Flows between Colombia and South Korea
title_fullStr Determinants of Trade Flows between Colombia and South Korea
title_full_unstemmed Determinants of Trade Flows between Colombia and South Korea
title_sort Determinants of Trade Flows between Colombia and South Korea
dc.subject.en-US.fl_str_mv bilateral trade; gravity model; free trade agreement; Colombia; South Korea;
topic bilateral trade; gravity model; free trade agreement; Colombia; South Korea;
Comercio bilateral; modelo gravitacional; tratado de libre comercio; Corea del Sur; Colombia;
dc.subject.es-ES.fl_str_mv Comercio bilateral; modelo gravitacional; tratado de libre comercio; Corea del Sur; Colombia;
description   This paper identifies the determinants of trade flows between Colombia and South Korea. For this purpose, the economic and commercial profile for both countries, bilateral trade and the signed FTA were analyzed. Likewise, a gravity model for total and sectorial trade with panel data for the period of 1993-2013 is applied, finding consistencies with the theoretical postulates. Variables such as income of the importer and exporter countries determine positive and significant bilateral trade, while the distance and landlocked decrease the likelihood of trade. Furthermore, the results of the gravity model indicate that the free trade agreements have no significant impact on trade of South Korea; however, from the analysis of the agreement it is considered that Colombian agricultural and agro-industrial products have potential opportunities to compete in the Asian country.
publishDate 2020
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dc.date.available.none.fl_str_mv 2024-07-05T18:44:50Z
dc.date.none.fl_str_mv 2020-08-11
dc.type.none.fl_str_mv Artículo de revista
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10.19053/01203053.v39.n70.2020.10840
dc.identifier.uri.none.fl_str_mv https://repositorio.uptc.edu.co/handle/001/12036
url https://revistas.uptc.edu.co/index.php/cenes/article/view/10840
https://repositorio.uptc.edu.co/handle/001/12036
identifier_str_mv 10.19053/01203053.v39.n70.2020.10840
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https://revistas.uptc.edu.co/index.php/cenes/article/view/10840/11552
dc.rights.en-US.fl_str_mv Copyright (c) 2020 Sandra Daniela Ariza Marin
http://creativecommons.org/licenses/by-nc-sa/4.0
dc.rights.accessrights.none.fl_str_mv info:eu-repo/semantics/openAccess
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rights_invalid_str_mv Copyright (c) 2020 Sandra Daniela Ariza Marin
http://creativecommons.org/licenses/by-nc-sa/4.0
http://purl.org/coar/access_right/c_abf2
eu_rights_str_mv openAccess
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dc.publisher.en-US.fl_str_mv Universidad Pedagógica y Tecnológica de Colombia
dc.source.en-US.fl_str_mv Apuntes del Cenes; Vol. 39 No. 70 (2020); 75-105
dc.source.es-ES.fl_str_mv Apuntes del Cenes; Vol. 39 Núm. 70 (2020); 75-105
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0120-3053
institution Universidad Pedagógica y Tecnológica de Colombia
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