Year: 2006
Type: report
Abstract: This report focuses on issues for Latin America and the Caribbean from China's expanding presence in the world economy, with a particular interest in questions related to China's size and proximity to markets.The authors begin with a basic overview of facts, including a characterization of trade and trade growth for China and Latin America and the Caribbean (LAC). Next, the following issues are addressed: -Relative proximity of China and LAC countries to major markets.-Detailed data on shipping costs to address the size of the import wedge, the price of goods at the exporter's departure port telative to the importing destination and the size of the sourcing wedge and its determinants. -LAC's proximity to the US market. -Overview of literature discussing the importance of country size.
DOI: 10.18235/0008688
Author: David Hummels
Institution: Purdue University West Lafayette
Language: English
Topic: Global trade and economics
Domain: Social Sciences
Open Access status: gold
Funder: European Commission
OpenAlex ID: W1537533010