Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/115384
Authors: 
Estevadeordal, Antoni
Volpe Martincus, Christian
Ando, Mitsuyo
Year of Publication: 
2009
Series/Report no.: 
IDB Working Paper Series IDB-WP-151
Abstract: 
This paper explores the relationship between preferential and multilateral trade liberalization at the sectoral level using a unique dataset that includes data on most favored nation (MFN) and bilateral preferential tariffs at the 4-digit ISIC level for 11 Latin American countries over the period 1985-2005. We find evidence of heterogeneity across sectors. While in some industries, complementary effects between both kinds of trade liberalization are observed, in others no significant links are detected and-in a few cases-even substitutability seems to prevail. Variation across sectors appears to be systematically related to both import demand elasticities and countries' sectoral comparative advantages.
Subjects: 
Trade Liberalization
Regionalism
Latin America
JEL: 
F13
F14
C20
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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