No title

Abstract

Between 2004 and 2012, the United States enacted bilateral trade agreements with Chile, Peru, Panama, and Colombia.Using bilateral trade panel datasets of agri-food commodities, we estimate a structural gravity model to analyze the trade creation and trade diversion effects of these agreements.The agreements resulted in substantial increases in intramember trade for aggregate agri-food trade among member countries, ranging from 53.73% for the Chilean agreement to 354.03% for the Peruvian agreement.Substantial heterogeneity exists when the aggregate commodity is disaggregated and when US exports to and imports from the four Latin American countries are considered.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 11 citations exist upstream.