June 25, 2018
UB School of Economics research shows that high trade costs have historically hindered inter-regional trade in South America
UB School of Economics researchers Marc Badia-Miró and Anna Carreras-Marín and University of California, Davis researcher Christopher M. Meissner have found that high trade costs have historically hindered regional trade in South America and favoured exchanges with more distant partners, such as the US, the UK, France and Germany. The authors of the study estimate that Argentina, Bolivia, Brazil, Chile and Peru might have been able to double exports to…
