The multiplicative impacts of Argentina, Brazil, Colombia, Costa Rica, Chile, Mexico, and Peru on the intra-industry trade in manufactures, 1995-2011
Resumen
The objective of this work is to measure the backward, forward, and total multiplicative impacts of Argentina, Brazil, Colombia, Costa Rica, Chile, Mexico, and Peru on the Global Value Chains of manufacturing exports. By viewing the intra-industry trade in manufactures as an input-output system, we measure their multiplicative impacts from 1995 to 2011. Our results show that the multiplicative impacts of these Latin American countries are very weak. The reason is that the backward multiplicative impacts are bigger than the forward multiplicative impacts; in this sense, the quality level of their manufacturing exports is low.
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