Factors that have shaped the eEvolution of bilateral trade between Canada and Colombia in the long run (1953-2003)

Currently bilateral trade between Canada and Colombia is low. In 2003, this trade amounted to US $489 million, with Co­lombian imports from Canada totaling US $ 213 million (DOTS, 2004). Canada supplied approximately 4.0% of Colombia’s total trade (total imports and total ex­ports), in contrast Colo...

Descripción completa

Detalles Bibliográficos
Autor Principal: Cortés Rodríguez, María
Formato: Artículo (Article)
Lenguaje:Español (Spanish)
Publicado: Universidad del Rosario 2010
Materias:
Acceso en línea:http://repository.urosario.edu.co/handle/10336/7074
id ir-10336-7074
recordtype dspace
spelling ir-10336-70742022-07-26T12:13:19Z Factors that have shaped the eEvolution of bilateral trade between Canada and Colombia in the long run (1953-2003) Cortés Rodríguez, María Trade performance Traditional economy Bilateral trade Currently bilateral trade between Canada and Colombia is low. In 2003, this trade amounted to US $489 million, with Co­lombian imports from Canada totaling US $ 213 million (DOTS, 2004). Canada supplied approximately 4.0% of Colombia’s total trade (total imports and total ex­ports), in contrast Colombia supplied only around 0.1% of the Canadian total trade. In 2005, Colombia was the third largest Canadian partner in South America after Brazil and Venezuela. The objective of this paper is to analyze the trade performance between Canada and Colombia using a modified gravity equation to identify the most relevant historical factors that have shaped the evo­lution of this bilateral trade in the long run (during the period from 1953 to 2003). The analysis includes traditional economic va­riables (such as population and income of the importing and exporting countries). In order to understand the qualitative nature of the evolution of this bilateral trade the second objective is to review the evolving nature of trade including commodity com­position and trade characteristics.   2010-05-20 2014-07-09T15:45:31Z info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion 2011-6888 http://repository.urosario.edu.co/handle/10336/7074 spa http://creativecommons.org/licenses/by-nc/4.0 info:eu-repo/semantics/openAccess application/pdf Universidad del Rosario Editorial Universidad del Rosario instname:Universidad del Rosario
institution EdocUR - Universidad del Rosario
collection DSpace
language Español (Spanish)
topic Trade performance
Traditional economy
Bilateral trade
spellingShingle Trade performance
Traditional economy
Bilateral trade
Cortés Rodríguez, María
Factors that have shaped the eEvolution of bilateral trade between Canada and Colombia in the long run (1953-2003)
description Currently bilateral trade between Canada and Colombia is low. In 2003, this trade amounted to US $489 million, with Co­lombian imports from Canada totaling US $ 213 million (DOTS, 2004). Canada supplied approximately 4.0% of Colombia’s total trade (total imports and total ex­ports), in contrast Colombia supplied only around 0.1% of the Canadian total trade. In 2005, Colombia was the third largest Canadian partner in South America after Brazil and Venezuela. The objective of this paper is to analyze the trade performance between Canada and Colombia using a modified gravity equation to identify the most relevant historical factors that have shaped the evo­lution of this bilateral trade in the long run (during the period from 1953 to 2003). The analysis includes traditional economic va­riables (such as population and income of the importing and exporting countries). In order to understand the qualitative nature of the evolution of this bilateral trade the second objective is to review the evolving nature of trade including commodity com­position and trade characteristics.  
format Artículo (Article)
author Cortés Rodríguez, María
author_facet Cortés Rodríguez, María
author_sort Cortés Rodríguez, María
title Factors that have shaped the eEvolution of bilateral trade between Canada and Colombia in the long run (1953-2003)
title_short Factors that have shaped the eEvolution of bilateral trade between Canada and Colombia in the long run (1953-2003)
title_full Factors that have shaped the eEvolution of bilateral trade between Canada and Colombia in the long run (1953-2003)
title_fullStr Factors that have shaped the eEvolution of bilateral trade between Canada and Colombia in the long run (1953-2003)
title_full_unstemmed Factors that have shaped the eEvolution of bilateral trade between Canada and Colombia in the long run (1953-2003)
title_sort factors that have shaped the eevolution of bilateral trade between canada and colombia in the long run (1953-2003)
publisher Universidad del Rosario
publishDate 2010
url http://repository.urosario.edu.co/handle/10336/7074
_version_ 1740172588595806208
score 12,131701