Social-economic Analysis of Physical Integration between Brazil and Peru: Focus for the Regions Linked to the Interoceanic Highway

The objective of the study was to estimate the impact of the interoceanic highway construction on trade facilitation between Brazil and Peru, especially in the states linked to the highway. The methodology starts from a panel data econometric approach. The results indicate a positive impact of high...

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Main Authors: Jorge Luis Sanchez Arevalo, Edgard Monforte Merlo
Format: Article
Language:English
Published: EconJournals 2020-04-01
Series:International Journal of Economics and Financial Issues
Online Access:https://econjournals.com/index.php/ijefi/article/view/9313
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author Jorge Luis Sanchez Arevalo
Edgard Monforte Merlo
author_facet Jorge Luis Sanchez Arevalo
Edgard Monforte Merlo
author_sort Jorge Luis Sanchez Arevalo
collection DOAJ
description The objective of the study was to estimate the impact of the interoceanic highway construction on trade facilitation between Brazil and Peru, especially in the states linked to the highway. The methodology starts from a panel data econometric approach. The results indicate a positive impact of highway construction on trade facilitation for the linked states. On the other hand, a positive relationship was found between greater distance and trade flow, which is justified by the fact that the more developed states and, therefore, with greater trade flow are located farther than the border of both countries. Keywords: Physical Integration; Border, flow of trade; Gravitational model. JEL Classifications: F1, F15, H54 DOI: https://doi.org/10.32479/ijefi.9313
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spelling doaj.art-1ab181ab8abc4bfd82682a9e606d16642023-02-15T16:17:18ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382020-04-011034511Social-economic Analysis of Physical Integration between Brazil and Peru: Focus for the Regions Linked to the Interoceanic HighwayJorge Luis Sanchez Arevalo0Edgard Monforte Merlo1USPUSP The objective of the study was to estimate the impact of the interoceanic highway construction on trade facilitation between Brazil and Peru, especially in the states linked to the highway. The methodology starts from a panel data econometric approach. The results indicate a positive impact of highway construction on trade facilitation for the linked states. On the other hand, a positive relationship was found between greater distance and trade flow, which is justified by the fact that the more developed states and, therefore, with greater trade flow are located farther than the border of both countries. Keywords: Physical Integration; Border, flow of trade; Gravitational model. JEL Classifications: F1, F15, H54 DOI: https://doi.org/10.32479/ijefi.9313 https://econjournals.com/index.php/ijefi/article/view/9313
spellingShingle Jorge Luis Sanchez Arevalo
Edgard Monforte Merlo
Social-economic Analysis of Physical Integration between Brazil and Peru: Focus for the Regions Linked to the Interoceanic Highway
International Journal of Economics and Financial Issues
title Social-economic Analysis of Physical Integration between Brazil and Peru: Focus for the Regions Linked to the Interoceanic Highway
title_full Social-economic Analysis of Physical Integration between Brazil and Peru: Focus for the Regions Linked to the Interoceanic Highway
title_fullStr Social-economic Analysis of Physical Integration between Brazil and Peru: Focus for the Regions Linked to the Interoceanic Highway
title_full_unstemmed Social-economic Analysis of Physical Integration between Brazil and Peru: Focus for the Regions Linked to the Interoceanic Highway
title_short Social-economic Analysis of Physical Integration between Brazil and Peru: Focus for the Regions Linked to the Interoceanic Highway
title_sort social economic analysis of physical integration between brazil and peru focus for the regions linked to the interoceanic highway
url https://econjournals.com/index.php/ijefi/article/view/9313
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