South American West Coast Economies: A Panel Data Approach

30 Pages Posted: 10 Feb 2016

Date Written: February 8, 2016

Abstract

Latin American countries, especially those placed in the Pacific shore; have a good growth vector based in macroeconomic parameters like GDP, activity rates and foreign investment. At the same time, these elements evolve in parallel with the trade activity, both as for imports/exports amounts and for containership ports throughput (measured in TEUs).

This paper shows the evolution of these parameters along the last decade, and also performs a multivariate analysis, based on panel data methodologies, in order to put all these variables into relation.

The results show the relevance of this geographical area as a key growth vector with respect to all the Latin American aggregate, and also show the positive relation between activity rates and innovation, TEUs throughput, and a slightly negative contribution of foreign direct investment and employment in those countries.

Keywords: port governance, panel data, innovation, Latin America

JEL Classification: H13, K23, R48

Suggested Citation

López-Bermúdez, Beatriz and Freire-Seoane, Maria Jesus and Pais-Montes, Carlos, South American West Coast Economies: A Panel Data Approach (February 8, 2016). Available at SSRN: https://ssrn.com/abstract=2729314 or http://dx.doi.org/10.2139/ssrn.2729314

Beatriz López-Bermúdez

University of Coruña ( email )

Campus Elviña s/n
Coruña, Galicia 15071
Spain

Maria Jesus Freire-Seoane

University of Coruña ( email )

Campus Elviña s/n
Coruña, Galicia 15071
Spain

Carlos Pais-Montes (Contact Author)

University of Coruña ( email )

Campus Elviña s/n
Coruña, Galicia 15071
Spain

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