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GTAP Resource #5455

"LATIN AMERICA AND CHINA: Multilateralism or dependency? An approach of Computable General Equilibrium for selected countries"
by Lopes Afonso, Damares, Suzana Quinet Bastos and Fernando Perobelli


Abstract
This paper’s objective is to contribute to the debate on relations between China and Latin America (LA). The question is whether the trade agreements among these regions are complementary (multilateral) or if they strengthen the dependence of Latin America on the international scene. For this purpose we aim to observe the impacts of China's growth in LA countries through the Computable General Equilibrium model (CGE). The chinese growth has been simulated through an expansion of China's capital stock, as has occurred over the past few decades. The results point to a pattern of reprimarization of the export agenda and decline in the industrial activity of the selected countries of the LA, mainly in the sectors of high technological density. In addition, there is an increase in welfare in the LA, mainly due to gains in the terms of trade (commodity boom).


Resource Details (Export Citation) GTAP Keywords
Category: 2018 Conference Paper
Status: Published
By/In: Presented at the 21st Annual Conference on Global Economic Analysis, Cartagena, Colombia
Date: 2018
Version:
Created: Lopes Afonso, D. (3/13/2018)
Updated: Lopes Afonso, D. (6/20/2018)
Visits: 346
- Economic growth
- Multilateral trade negotiations
- The GTAP Data Base and extensions
- Central America
- South America


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