Trade diversification in Colombia, 1991-2011

We describe the evolution of international trade and the behavior of export diversification in Colombia during the period 1991-2011. For measuring trade diversification and following up its behavior along the period, we employ alternative ways of decomposing trade flows along its intensive and exten...

Descripción completa

Detalles Bibliográficos
Autor Principal: Arguello, Ricardo
Formato: Documento de trabajo (Working Paper)
Lenguaje:Español (Spanish)
Publicado: Universidad del Rosario 2013
Materias:
Acceso en línea:http://repository.urosario.edu.co/handle/10336/11017
id ir-10336-11017
recordtype dspace
spelling ir-10336-110172019-09-19T12:37:01Z Trade diversification in Colombia, 1991-2011 Arguello, Ricardo Comercio internacional (Comercio exterior) Economía Exportaciones Importaciones Diversificación de exportaciones Comercio internacional export diversification import diversification trade margins empirical trade studies Colombia We describe the evolution of international trade and the behavior of export diversification in Colombia during the period 1991-2011. For measuring trade diversification and following up its behavior along the period, we employ alternative ways of decomposing trade flows along its intensive and extensive margins, using the latter as a measure of diversification. Results indicate that, in the short run, trade diversification in Colombia can be characterized as weak but that there is a modest trend for an increase in its importance. With some differences in degree, for both exports and imports, the number of partner countries increases faster than the number of products contained in the average basket traded and, simultaneously, the number of traded products increases faster than the average number of countries with which they are traded. Hence, trade diversification in Colombia seems to follow a pattern that implies that trade with new partners tends to be relatively slowly populated in terms of products or, from the opposite point of view, trade of new products is relatively sluggish in extending to new partner countries 2013 2015-10-14T14:47:32Z info:eu-repo/semantics/workingPaper info:eu-repo/semantics/acceptedVersion http://repository.urosario.edu.co/handle/10336/11017 Universidad del Rosario spa info:eu-repo/semantics/openAccess application/pdf Universidad del Rosario Facultad de Economía instname:Universidad del Rosario reponame:Repositorio Institucional EdocUR instname:Universidad del Rosario
institution EdocUR - Universidad del Rosario
collection DSpace
language Español (Spanish)
topic Comercio internacional (Comercio exterior)
Economía
Exportaciones
Importaciones
Diversificación de exportaciones
Comercio internacional
export diversification
import diversification
trade margins
empirical trade studies
Colombia
spellingShingle Comercio internacional (Comercio exterior)
Economía
Exportaciones
Importaciones
Diversificación de exportaciones
Comercio internacional
export diversification
import diversification
trade margins
empirical trade studies
Colombia
Arguello, Ricardo
Trade diversification in Colombia, 1991-2011
description We describe the evolution of international trade and the behavior of export diversification in Colombia during the period 1991-2011. For measuring trade diversification and following up its behavior along the period, we employ alternative ways of decomposing trade flows along its intensive and extensive margins, using the latter as a measure of diversification. Results indicate that, in the short run, trade diversification in Colombia can be characterized as weak but that there is a modest trend for an increase in its importance. With some differences in degree, for both exports and imports, the number of partner countries increases faster than the number of products contained in the average basket traded and, simultaneously, the number of traded products increases faster than the average number of countries with which they are traded. Hence, trade diversification in Colombia seems to follow a pattern that implies that trade with new partners tends to be relatively slowly populated in terms of products or, from the opposite point of view, trade of new products is relatively sluggish in extending to new partner countries
format Documento de trabajo (Working Paper)
author Arguello, Ricardo
author_facet Arguello, Ricardo
author_sort Arguello, Ricardo
title Trade diversification in Colombia, 1991-2011
title_short Trade diversification in Colombia, 1991-2011
title_full Trade diversification in Colombia, 1991-2011
title_fullStr Trade diversification in Colombia, 1991-2011
title_full_unstemmed Trade diversification in Colombia, 1991-2011
title_sort trade diversification in colombia, 1991-2011
publisher Universidad del Rosario
publishDate 2013
url http://repository.urosario.edu.co/handle/10336/11017
_version_ 1645141445226528768
score 10,844952