Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/319658 
Year of Publication: 
2024
Citation: 
[Journal:] Journal of Economics, Finance and Administrative Science [ISSN:] 2218-0648 [Volume:] 29 [Issue:] 58 [Year:] 2024 [Pages:] 229-245
Publisher: 
Emerald Publishing Limited, Leeds
Abstract: 
Purpose - The main goal of this paper is to examine the evolution of Latin American productive integration in terms of the regional value added incorporated in intra-regional exports of Argentina, Brazil, Chile, Colombia, Mexico and Peru. In addition, the study traces the trade and productive integration trajectories for each of these countries from 1995 to 2015. Design/methodology/approach Based on the use of OECD's global ICIO input-output tables, this paper applies the methodological framework by Wang et al. (2018) for the analysis of trade flows at the bilateral level, which allows breaking down the value of gross exports of each sector-country, depending on the origin of the value added contained in exports, as well as their use. Findings The estimates show very low shares of value added from regional partners in the intra-regional exports of the countries studied. Conversely, the weight of the value added incorporated in these exports by countries outside the region has increased in tandem with China's expanding involvement in Latin America. This development, along with the downward trend in domestic value added incorporated in exports, indicates a lack of a regional integration process of any depth. Originality/value This article addresses an economic problem of conventional importance from a global value chain perspective using a novel methodology based on the use of global input-output tables.
Subjects: 
Exports
Input-output
Latin America
Regional integration
Value chains
JEL: 
C67
F15
F63
N76
O54
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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