The impact of trade openness in Latin America on economic growth: have growth rates increased as a cause of the apertura policy?

This paper investigates empirically the notion that enhanced levels of foreign trade as a result of the deregulation in international goods market would have spurred economic development and demonstrates that it is not obvious. We shed light on how this relationship applies to the special case of La...

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Autores:
Wigeborn, Fanny
Tipo de recurso:
Article of investigation
Fecha de publicación:
2010
Institución:
Universidad Sergio Arboleda
Repositorio:
Repositorio U. Sergio Arboleda
Idioma:
spa
OAI Identifier:
oai:repository.usergioarboleda.edu.co:11232/165
Acceso en línea:
http://hdl.handle.net/11232/165
Palabra clave:
Crecimiento económico - América Latina
Apertura económica - América Latina
América Latina - Política comercial
Liberalización
Productividad y comercio internacional
Integración económica
apertura comercial
crecimiento
América Latina
Liberalización
Trade Openness
Growth
Latin America
Liberalization
Rights
License
Atribución-NoComercial-SinDerivadas 2.5 Colombia (CC BY-NC-ND 2.5 CO)
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oai_identifier_str oai:repository.usergioarboleda.edu.co:11232/165
network_acronym_str sergioarb2
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dc.title.eng.fl_str_mv The impact of trade openness in Latin America on economic growth: have growth rates increased as a cause of the apertura policy?
dc.title.translated.eng.fl_str_mv The impact of trade openness in Latin America on economic growth: have growth rates increased as a cause of the apertura policy?
title The impact of trade openness in Latin America on economic growth: have growth rates increased as a cause of the apertura policy?
spellingShingle The impact of trade openness in Latin America on economic growth: have growth rates increased as a cause of the apertura policy?
Crecimiento económico - América Latina
Apertura económica - América Latina
América Latina - Política comercial
Liberalización
Productividad y comercio internacional
Integración económica
apertura comercial
crecimiento
América Latina
Liberalización
Trade Openness
Growth
Latin America
Liberalization
title_short The impact of trade openness in Latin America on economic growth: have growth rates increased as a cause of the apertura policy?
title_full The impact of trade openness in Latin America on economic growth: have growth rates increased as a cause of the apertura policy?
title_fullStr The impact of trade openness in Latin America on economic growth: have growth rates increased as a cause of the apertura policy?
title_full_unstemmed The impact of trade openness in Latin America on economic growth: have growth rates increased as a cause of the apertura policy?
title_sort The impact of trade openness in Latin America on economic growth: have growth rates increased as a cause of the apertura policy?
dc.creator.fl_str_mv Wigeborn, Fanny
dc.contributor.author.spa.fl_str_mv Wigeborn, Fanny
dc.subject.lemb.spa.fl_str_mv Crecimiento económico - América Latina
Apertura económica - América Latina
América Latina - Política comercial
Liberalización
Productividad y comercio internacional
Integración económica
topic Crecimiento económico - América Latina
Apertura económica - América Latina
América Latina - Política comercial
Liberalización
Productividad y comercio internacional
Integración económica
apertura comercial
crecimiento
América Latina
Liberalización
Trade Openness
Growth
Latin America
Liberalization
dc.subject.proposal.spa.fl_str_mv apertura comercial
crecimiento
América Latina
Liberalización
dc.subject.proposal.eng.fl_str_mv Trade Openness
Growth
Latin America
Liberalization
description This paper investigates empirically the notion that enhanced levels of foreign trade as a result of the deregulation in international goods market would have spurred economic development and demonstrates that it is not obvious. We shed light on how this relationship applies to the special case of Latin America before and after “La Apertura”, the trade liberalization that took place in the late 80s and early 90s. Results show that openness solely is not a determinant of economic growth for the observed countries which stand in constrast to the general findings of existing literature on the topic. Using a single measure of trade openness together with other explanatory variables, this paper fail to confirm the common view that openess is associated with growth.
publishDate 2010
dc.date.issued.spa.fl_str_mv 2010-07
dc.date.accessioned.spa.fl_str_mv 2015-06-05T17:58:26Z
2016-05-11T14:15:30Z
2017-05-16T19:22:44Z
dc.date.available.spa.fl_str_mv 2015-06-05T17:58:26Z
2016-05-11T14:15:30Z
2017-05-16T19:22:44Z
dc.date.spa.fl_str_mv 2010
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dc.identifier.issn.spa.fl_str_mv 2145-6194
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url http://hdl.handle.net/11232/165
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dc.relation.ispartof.spa.fl_str_mv Revista Civilizar de Empresa y Economía; vol. 1, núm. 2 (2010)
dc.relation.references.spa.fl_str_mv Wigeborn, F. (2010). The impact of trade openness in Latin America on economic growth: have growth rates increased as a cause of the apertura policy?. Civilizar de Empresa y Economía. 1 (2), 150-159.
dc.relation.references.eng.fl_str_mv Andersen, Lill and Ronald Babula, 2008, The Link between Openness and Long-Run Economic Growth, Journal of International Commerce and Economics.
Andersson, Linda, 2000, Job turnover, productivity and international trade, Working Papers, Umea Universitet.
Dollar, David.,1992, Outward-Oriented Developing Countries Really Do Grow More Rapidly: Evidence from 95 LDCs, 1976-85, Economic Development Cultural Change, April, 523-544.
Edwards, Sebastian, 1993, Trade Policy, Exchange Rates and Growth., NBEER Working Paper No.W45 ll.
Fernandes Ana., 2007, Trade policy, trade volumes and plant-level productiviry in Colombian manufacturing industry, Journal of international Economics, vol.71, pp.52-7l.
Ffrench-Davis, Ricardo., 2000, Reforming the reforms in Latin America, Macmillan Press Ltd, London
Goh, Ai-Ting, 2000, Opportunity cost, trade policies and the efficiency of firms, Journal of Development Economics, vol. 62, pp. 363-383.
OECD, 1998, Regulatory Reforms in the Global Economy-Asian and Latin American Perspectives, OECD Proceedings, Paris.
Rivera-Batiz, Luis A. and Maria-Angels Oliva, 2003, International Trade Theories, Strategies and Evidence, Oxford Univ. Press, New York.
Rodrik, Dani and Francisco Rodriguez (2000). Trade Policy and Economic Growth: A Sceptic´s Guide to Cross-national Evidence, NBER Working Papers 7081.
Sachs, Jeffrey and Andrew M. Warner, 1995, Economic Reform and Process of Global Integration, Brookings Papers on Economic Activity. Vol.l , pp. 1-118.
Yanikkaya, Halit., 2002, Trade Openness and Economic Growwth: a cross-country Empirical investigation, Journal of Development Economics vol. 72, pp. 57-89.
dc.relation.ispartofjournal.spa.fl_str_mv Civilizar Empresa y Economía
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dc.relation.citationissue.spa.fl_str_mv 2
dc.relation.citationstartpage.spa.fl_str_mv 150
dc.relation.citationendpage.spa.fl_str_mv 159
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https://repository.usergioarboleda.edu.co/bitstream/11232/165/2/The%20impact%20of%20trade%20openness%20in%20Latin%20America%20on%20economic%20growth.%20have%20growth%20rates%20increased%20as%20a%20cause%20of%20the%20apertura%20policy.html.txt
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spelling Atribución-NoComercial-SinDerivadas 2.5 Colombia (CC BY-NC-ND 2.5 CO)http://creativecommons.org/licenses/by-nc-nd/2.5/co/Abierto (Texto Completo)http://purl.org/coar/access_right/c_abf2Wigeborn, Fanny20102015-06-05T17:58:26Z2016-05-11T14:15:30Z2017-05-16T19:22:44Z2015-06-05T17:58:26Z2016-05-11T14:15:30Z2017-05-16T19:22:44Z2010-072145-6194instname:Universidad Sergio Arboledareponame:Repositorio Institucional Universidad Sergio Arboledarepourl:https://repository.usergioarboleda.edu.co/http://hdl.handle.net/11232/165This paper investigates empirically the notion that enhanced levels of foreign trade as a result of the deregulation in international goods market would have spurred economic development and demonstrates that it is not obvious. We shed light on how this relationship applies to the special case of Latin America before and after “La Apertura”, the trade liberalization that took place in the late 80s and early 90s. Results show that openness solely is not a determinant of economic growth for the observed countries which stand in constrast to the general findings of existing literature on the topic. Using a single measure of trade openness together with other explanatory variables, this paper fail to confirm the common view that openess is associated with growth.El presente artículo investiga empíricamente la idea que afirma como un aumento en los flujos del comercio exterior resultado de una desregulación en el mercado internacional de productos, ha estimulado el desarrollo económico, hecho que no es del todo obvio. Por ello se estudiara el caso especial de América Latina en donde se pretende probar la relación de las variables que plantea la idea, ubicando como escenario histórico el antes y después de “La Apertura”, la denominada liberalización del comercio que tomo lugar después de los ochentas y en los inicios de los noventas. El resultado de la investigación realizada demostró que la apertura no es el único factor determinante del crecimiento económico de los países estudiados quienes reflejan un contraste entre la documentación existente sobre la hipótesis principal y las conclusiones generales obtenidas. Usando como única medida la apertura del comercio junto con otras variables representativas, el presente artículo pretende debatir argumentativamente como la idea generalizada de apertura está siendo relacionada con el factor de crecimiento.10Digitalapplication/pdfdocumentosspaBogotá : Universidad Sergio ArboledaRevista Civilizar de Empresa y Economía; vol. 1, núm. 2 (2010)Wigeborn, F. (2010). The impact of trade openness in Latin America on economic growth: have growth rates increased as a cause of the apertura policy?. Civilizar de Empresa y Economía. 1 (2), 150-159.Andersen, Lill and Ronald Babula, 2008, The Link between Openness and Long-Run Economic Growth, Journal of International Commerce and Economics.Andersson, Linda, 2000, Job turnover, productivity and international trade, Working Papers, Umea Universitet.Dollar, David.,1992, Outward-Oriented Developing Countries Really Do Grow More Rapidly: Evidence from 95 LDCs, 1976-85, Economic Development Cultural Change, April, 523-544.Edwards, Sebastian, 1993, Trade Policy, Exchange Rates and Growth., NBEER Working Paper No.W45 ll.Fernandes Ana., 2007, Trade policy, trade volumes and plant-level productiviry in Colombian manufacturing industry, Journal of international Economics, vol.71, pp.52-7l.Ffrench-Davis, Ricardo., 2000, Reforming the reforms in Latin America, Macmillan Press Ltd, LondonGoh, Ai-Ting, 2000, Opportunity cost, trade policies and the efficiency of firms, Journal of Development Economics, vol. 62, pp. 363-383.OECD, 1998, Regulatory Reforms in the Global Economy-Asian and Latin American Perspectives, OECD Proceedings, Paris.Rivera-Batiz, Luis A. and Maria-Angels Oliva, 2003, International Trade Theories, Strategies and Evidence, Oxford Univ. Press, New York.Rodrik, Dani and Francisco Rodriguez (2000). Trade Policy and Economic Growth: A Sceptic´s Guide to Cross-national Evidence, NBER Working Papers 7081.Sachs, Jeffrey and Andrew M. Warner, 1995, Economic Reform and Process of Global Integration, Brookings Papers on Economic Activity. Vol.l , pp. 1-118.Yanikkaya, Halit., 2002, Trade Openness and Economic Growwth: a cross-country Empirical investigation, Journal of Development Economics vol. 72, pp. 57-89.Civilizar Empresa y Economía12150159The impact of trade openness in Latin America on economic growth: have growth rates increased as a cause of the apertura policy?The impact of trade openness in Latin America on economic growth: have growth rates increased as a cause of the apertura policy?Crecimiento económico - América LatinaApertura económica - América LatinaAmérica Latina - Política comercialLiberalizaciónProductividad y comercio internacionalIntegración económicaapertura comercialcrecimientoAmérica LatinaLiberalizaciónTrade OpennessGrowthLatin AmericaLiberalizationhttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_2df8fbb1http://purl.org/redcol/resource_type/ARTArtículo de revistaORIGINALThe impact of trade openness in Latin America on economic growth. have growth rates increased as a cause of the apertura policy.htmltext/html235https://repository.usergioarboleda.edu.co/bitstream/11232/165/1/The%20impact%20of%20trade%20openness%20in%20Latin%20America%20on%20economic%20growth.%20have%20growth%20rates%20increased%20as%20a%20cause%20of%20the%20apertura%20policy.html11f0ddbb7905dd861152be236729fa9cMD51open accessTEXTThe impact of trade openness in Latin America on economic growth. have growth rates increased as a cause of the apertura policy.html.txtThe impact of trade openness in Latin America on economic growth. have growth rates increased as a cause of the apertura policy.html.txtExtracted texttext/plain38https://repository.usergioarboleda.edu.co/bitstream/11232/165/2/The%20impact%20of%20trade%20openness%20in%20Latin%20America%20on%20economic%20growth.%20have%20growth%20rates%20increased%20as%20a%20cause%20of%20the%20apertura%20policy.html.txt40ea728eed9f2fbf047725e423051ed6MD52open access11232/165oai:repository.usergioarboleda.edu.co:11232/1652022-06-15 10:55:37.238open accessRepositorio Institucional Universidad Sergio Arboledadspace-help@myu.edu