1.

Record Nr.

UNINA9910788320003321

Autore

Monfort Brieuc

Titolo

Chile : : Trade Performance, Trade Liberalization, and Competitiveness / / Brieuc Monfort

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2008

ISBN

1-4623-6185-4

1-4527-9348-4

1-4518-6987-8

9786612840814

1-282-84081-9

Descrizione fisica

1 online resource (35 p.)

Collana

IMF Working Papers

IMF working paper ; ; WP/08/128

Disciplina

338.0983

Soggetti

Exports - Chile

Imports - Chile

Prices - Chile

Exports and Imports

Foreign Exchange

Economic Theory

Trade: General

Trade Policy

International Trade Organizations

Agriculture: Aggregate Supply and Demand Analysis

Prices

International economics

Currency

Foreign exchange

Economic theory & philosophy

Exports

Imports

Trade liberalization

Real effective exchange rates

Demand elasticity

Commercial policy

Elasticity

Economics

Chile Commercial policy

Chile



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Contents; I. Introduction; II. Methodology; III. Estimations at the Aggregate Level; A. Exports; B. Imports; C. Short-Term Dynamics and Dynamic Contributions; IV. Robustness Analysis; A. Sectoral Estimations; B. Alternative Specifications for the Export Equation; V. Estimations for Latin American Countries; VI. Concluding Remarks; Appendix; Data; Annex Tables; 1. Database Used; 2. Descriptive Statistics; 3. Main Trade Partners of Chile and Trade Agreements; 4. Income and Price Elasticities for Exports and Imports: A Few Comparative Results; 5. Sensitivity to the Lag Structure

6. What Explains the Differences of Elasticity by Export Sector 7. Principal Export Products in a Selection of Latin America Countries; References

Sommario/riassunto

This paper analyses the evolution of Chile's trade between 1990 and 2007, studying in particular the impact of trade liberalization in addition to traditional price and demand determinants. The results show that export and import flows are mainly responsive to external and domestic demand, and less so to relative prices, although there is a small impact on imports. In addition, the analysis suggests that trade liberalization may have played a role in increasing exports and imports. Estimations of trade elasticities for other countries in Latin America tend to confirm the results found for Chile.