The Declining Role of Latin America in Global Agricultural Trade, 1963–2000

Abstract

AbstractIn the second half of the twentieth century, Latin American countries lost a substantial part of their importance in worldwide exports of agricultural and food products. Given this context, the objective of this article is to analyse the determinants of the evolution of agricultural exports from Latin America, paying special attention to the influence of regional processes of economic integration on exports and to their degree of participation in intra-industrial trade. We propose a gravity model with a data panel of total exports and product groups for six Latin American countries towards 39 destinations between 1963 and 2000.