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

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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INFORMATION

  • 2024/10/16

  • Document de travail de recherche sur les politiques

  • WPS10951

  • 1

  • Amérique centrale, République dominicaine,

  • Amérique latine et Caraïbes,

  • 2024/10/16

  • Disclosed

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

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