Colombia’s potential for trade with the European Union and other major global markets

This paper identifies potential for trade between Colombia and the European Union following the implementation of a free trade agreement as from 2013. Predictions of potential are based on estimates produced by the Poisson pseudo maximum likelihood estimator applied to a gravity model, controlling f...

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Autor principal: Ahcar, Jaime
Formato: Texto
Lenguaje:English
Publicado: 2018
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Acceso en línea:http://hdl.handle.net/11362/44323
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spelling oai-11362-443232020-11-25T22:58:09Z Colombia’s potential for trade with the European Union and other major global markets Ahcar, Jaime LIBRE COMERCIO ACUERDOS ECONOMICOS POTENCIAL DEL MERCADO MEDICION MODELOS ESTOCASTICOS UNION EUROPEA FREE TRADE ECONOMIC AGREEMENTS MARKET POTENTIAL MEASUREMENT STOCHASTIC MODELS EUROPEAN UNION This paper identifies potential for trade between Colombia and the European Union following the implementation of a free trade agreement as from 2013. Predictions of potential are based on estimates produced by the Poisson pseudo maximum likelihood estimator applied to a gravity model, controlling for unobserved omitted variable bias with exporter and importer time-varying fixed effects on a sample of 153 countries, from 1980 to 2012. Untapped potential is found in both directions of trade flows. The results could increase the effectiveness of trade policy and define companies’ expansion plans in international markets. 2018-12-18T20:32:36Z 2018-12-18T20:32:36Z 2018-08-18 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/44323 LC/PUB.2018/6-P 8 en CEPAL Review CEPAL Review 125 .pdf application/pdf 1980 COLOMBIA COLOMBIA 2012
institution Cepal
collection Cepal
language English
topic LIBRE COMERCIO
ACUERDOS ECONOMICOS
POTENCIAL DEL MERCADO
MEDICION
MODELOS ESTOCASTICOS
UNION EUROPEA
FREE TRADE
ECONOMIC AGREEMENTS
MARKET POTENTIAL
MEASUREMENT
STOCHASTIC MODELS
EUROPEAN UNION
spellingShingle LIBRE COMERCIO
ACUERDOS ECONOMICOS
POTENCIAL DEL MERCADO
MEDICION
MODELOS ESTOCASTICOS
UNION EUROPEA
FREE TRADE
ECONOMIC AGREEMENTS
MARKET POTENTIAL
MEASUREMENT
STOCHASTIC MODELS
EUROPEAN UNION
Ahcar, Jaime
Colombia’s potential for trade with the European Union and other major global markets
description This paper identifies potential for trade between Colombia and the European Union following the implementation of a free trade agreement as from 2013. Predictions of potential are based on estimates produced by the Poisson pseudo maximum likelihood estimator applied to a gravity model, controlling for unobserved omitted variable bias with exporter and importer time-varying fixed effects on a sample of 153 countries, from 1980 to 2012. Untapped potential is found in both directions of trade flows. The results could increase the effectiveness of trade policy and define companies’ expansion plans in international markets.
format Texto
author Ahcar, Jaime
author_facet Ahcar, Jaime
author_sort Ahcar, Jaime
title Colombia’s potential for trade with the European Union and other major global markets
title_short Colombia’s potential for trade with the European Union and other major global markets
title_full Colombia’s potential for trade with the European Union and other major global markets
title_fullStr Colombia’s potential for trade with the European Union and other major global markets
title_full_unstemmed Colombia’s potential for trade with the European Union and other major global markets
title_sort colombia’s potential for trade with the european union and other major global markets
publishDate 2018
url http://hdl.handle.net/11362/44323
work_keys_str_mv AT ahcarjaime colombiaspotentialfortradewiththeeuropeanunionandothermajorglobalmarkets
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