This research paper examines the effect of Free Trade Agreements (FTAs) on export diversification, focusing on Peruvian exports to five countries in the Asia Pacific region: China, Japan, South Korea, Thailand, and Singapore. By employing regression models with control variables, the study investigates the outcomes of FTAs on export patterns. The findings reveal that the FTA yielded two primary effects: general and lagged. The general effect of the FTA was observed in the case of Peruvian exports to China and Korea, whereby a greater variety of exported goods became available. On the other hand, the FTA signed with Japan, Thailand, and Singapore resulted in a gradual reduction in the concentration of exported items over time. These findings underscore the importance of comprehending the multifaceted impacts of FTAs on export diversification and emphasize the need for a nuanced understanding of how trade agreements influence export dynamics across diverse markets.
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Export Diversification and Free Trade Agreements
This research paper examines the effect of Free Trade Agreements (FTAs) on export diversification, focusing on Peruvian exports to five coun...
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An "Instagram" that pays you for posting memes: HellaDoge ¡Un "Instagram" que te paga por postear memes! Yes, finally...
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Canada is one of the best places if you want to study a masters degree. The University of Montreal is constantly ranked at the top five univ...
-
Established in 1853, The University of Melbourne is a public-spirited institution that makes distinctive contributions to society in resea...