The People’s Republic of China and Latin America: the impact of Chinese economic growth on Latin American exports
This study examines the impact of China's economic growth on Latin American exports, revealing that a 7% annual GDP growth in China could increase Latin American exports by about 10% annually between 2014 and 2019.
(Generated with the help of GPT-4)
Quick Facts | |
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Report location: | source |
Language: | English |
Publisher: | |
Authors: | Daniel E. Perrotti |
Time horizon: | 2014 |
Geographic focus: | Latin America, China |
Page count: | páginas. 47-5 |
Methods
The research method involved estimating the income elasticity of Latin American exports to China using dynamic panel data models. The study focused on exports from 17 Latin American countries from 1990 to 2013, employing the Arellano-Bond estimator for the period 2003-2013.
(Generated with the help of GPT-4)
Key Insights
The research analyzes the relationship between China's economic expansion and Latin American export growth, using income elasticity models. It predicts significant export growth based on China's projected GDP increases, highlighting the strategic importance of China as a trade partner for Latin America and the potential effects of Chinese economic fluctuations on the region.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: 2010s time horizon | 2014 time horizon | China geographic scope | English publication language | Latin America geographic scope | china | economic growth | exports | international trade | latin america | mathematical modelling | trade statistics