Heterogeneous Effects of Trade Agreements in Central America : The Case of CAFTA-DR (Английский)

This paper studies the effects of the Central America–Dominican Republic Free Trade Agreement on trade among member countries. It uses the structural gravity model to estimate both the aggregate and heterogeneous effects across countries and sectors. The findings show that the agreement increased intraregional trade among Central American countries by 27 percent. The impact on Central American exports to the United States was smaller but positive...
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  • Sebastian Franco Bedoya;
    Woori Lee;

  • 2024/10/16

  • Рабочий документ в рамках исследования вопросов политики

  • WPS10951

  • 1

  • Центральная Америка, Доминиканская Республика,

  • Латинская Америка и страны Карибского бассейна,

  • 2024/10/16

  • Disclosed

  • Heterogeneous Effects of Trade Agreements in Central America : The Case of CAFTA-DR

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