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Regional Integration: Economic growth through export diversification?

This paper analyses the determinants of Uruguayan manufactured exports without agricultural inputs to Argentina and Brazil (where they are principally destined). This was studied through a Vector Error Correction Model (VECM) including these exports to both countries, external demand and bilateral r...

Szczegółowa specyfikacja

Zapisane w:
1. autor: Mordecki, Gabriela (author)
Kolejni autorzy: Piaggio, Matías (author)
Format: article
Język:angielski
Wydane: 2011
Hasła przedmiotowe:
Trade
Cointegration
Competitiveness
Regional Integration
Comercio
Cointegración
Integración Regional
Competitividad
ECONOMIA INTERNACIONAL
INTEGRACION ECONOMICA
POLITICA COMERCIAL
EXPORTACIONES
Dostęp online:https://hdl.handle.net/20.500.12008/31706
https://doi.org/10.55444/2451.7321.2011.v49.n1.6509
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Streszczenie:This paper analyses the determinants of Uruguayan manufactured exports without agricultural inputs to Argentina and Brazil (where they are principally destined). This was studied through a Vector Error Correction Model (VECM) including these exports to both countries, external demand and bilateral real exchange rates. The empirical analysis suggests that the external demand is the only determinant of this type of exports to the region, according to this model. This means that these exports depend only on Argentina and Brazil growth. Competitiveness seems not to be an important determinant for the performance of these exports to our neighbors.

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