Do Trade Agreements Contribute to the Decline in Labor Share? Evidence from Latin American Countries

2021 ◽  
Author(s):  
Martín González Rozada ◽  
Hernán Ruffo
Keyword(s):  
Case Studies ◽  
Latin American ◽  
Negative Impact ◽  
Trade Agreements ◽  
The United States ◽  
The European Union ◽  
Donor Pool ◽  
Labor Share ◽  
Percentage Points ◽  
Latin American Countries

In this paper, we explore the role of trade in the evolution of labor share in Latin American countries. We use trade agreements with large economies (the United States, the European Union, and China) to capture the effect of sharp changes in trade. In the last two decades, labor share has displayed a negative trend among those countries that signed trade agreements, while in other countries labor share increased, widening the gap by 7 percentage points. We apply synthetic control methods to estimate the average causal impact of trade agreements on labor share. While effects are heterogeneous in our eight case studies, the average impact is negative between 2 to 4 percentage points of GDP four years after the entry into force of the trade agreements. This result is robust to the specification used and to the set of countries in the donor pool. We also find that, after trade agreements, exports of manufactured goods and the share of industry in GDP increase on average, most notably in the case studies where negative effects on labor share are significant. A decomposition shows that all the reduction in labor share is explained by a negative impact on real wages.

scholarly journals The FTAA as a Three-level Bargaining Game

2009 ◽  
Vol 34 (133) ◽  
Author(s):  
ANIL HIRA
Keyword(s):  
Latin American ◽  
Bargaining Power ◽  
Bilateral Trade ◽  
Free Trade Area ◽  
Trade Agreements ◽  
The United States ◽  
Trade Area ◽  
Key Issues ◽  
Latin American Countries ◽  
Dynamic Shape

This paper applies Putnam’s (1993) seminal work on negotiations as a two level game, to the Free Trade Area of the Americas (FTAA) negotiations process. The paper compares the domestic ratification processes with the existing web of regional and bilateral trade agreements for insights into the relative bargaining strength and key issues for the most important economies in the hemisphere: the United States, Canada, Brazil, and Mexico. This paper delivers important insights into how the existing international and domestic legal and political context will affect the dynamic shape of FTAA negotiations, with the aim of finding strategies by which Latin American countries (LACs) can maximize their bargaining power.

scholarly journals Latin American Space Research - Challenges and Opportunities

2017 ◽  
Vol 2017 (4) ◽  
pp. 24-34
Author(s):  
Joanna Gocłowska-Bolek
Keyword(s):  
United States ◽  
Latin American ◽  
Import Substitution ◽  
The United States ◽  
Space Research ◽  
Endogenous Development ◽  
The European Union ◽  
Space Technology ◽  
High Quality Research ◽  
Latin American Countries

Abstract The interest of Latin American countries in space research has been successfully developing for many decades. It has its roots in the first development programmes for the Brazilian and Argentinian defence industry within the import substitution strategy, and then the export-oriented strategy during the period of the military rule. The endogenous development of space technology was treated in those countries as a priority and served as a way to diffuse technology to other industries, and as a model for the other countries in the region (Peru and Venezuela), which wished to develop outer space programme by developing their own technologies within the chosen range or by partaking in broader cooperation programmes on the Latin American continent [1]. The Latin American space agencies, which already existed in many countries in the 1960s and the 1970s, were carrying out relatively costly research, treating development in this area not only as the achievement of the economic development objectives, but also as an attempt to oppose the dominance of Washington [2]. Despite of the vast funding on endogenous research in the field of space engineering being provided, until the end of the last century only the projects conducted together with the Soviet Union (Cuba) or The United States were accomplished successfully. Currently and in the nearest future, the Latin American countries are still forced to rely on external assistance with satellite launching, expertise, more advanced technologies, etc. It should be noticed that countries conducting advanced and costly space programmes: the United States, Russia, China and the European Union (especially France and – but to a substantially lesser degree – Italy) show a growing interest in cooperation with Latin America and appreciation towards their specialists, high quality research and space technologies.

scholarly journals Latin American regionalism and trade agreements with the European Union: experiences and approaches

2021 ◽  
Vol 29 (2) ◽  
pp. 413-425
Author(s):  
Violetta M. Tayar
Keyword(s):  
European Union ◽  
Latin American ◽  
The United States ◽  
Caribbean Region ◽  
The European Union ◽  
Interregional Trade ◽  
Economic Relations ◽  
The Caribbean ◽  
Latin American Countries ◽  
The Eu

The article deals with the issues of trade cooperation between the European Union and Latin America and the Caribbean region (LAC). The characteristics of interregional trade are presented, and trade interaction between the EU and the subregional blocks of the LAC is analyzed. The author shows that Latin American regionalism predetermines the EU's approaches to trade and economic cooperation with LAC. Despite the fact that Latin American integration format differs from the European model, the EU countries manage to maintain trade and economic relations with subregional associations and particular Latin American countries, despite the growing competition in this region from the United States and China.

scholarly journals The impact of Free Trade Agreements (FTAs) in the productive structure of Colombia: An analysis based on the Input-Output model

2018 ◽  
Vol 25 (4) ◽  
Author(s):  
Carlos Alberto Suescún Barón ◽  
Laura Jessenia Silva Granada
Keyword(s):  
Free Trade ◽  
Negative Impact ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
The United States ◽  
Industrial Sector ◽  
The European Union ◽  
Input Output ◽  
Productive Structure ◽  
The Impact

Since the middle of the last decade, Colombia has arranged several Free Trade Agreements (FTAs) with many countries. This type of agreements could be assumed as parallel institutional structures that implicate changes in rules of international trade, intellectual property protection and investment. This paper just analyses the impacts in the domestic productive structure by the influence of trade openness deepening, particularly with the entry into force of the FTA’s between Colombia and the United States (US) and the European Union (EU). The paper aims to quantify the direct and indirect effects in the main sectors of the Colombian economy, as a result of the commercial shock caused by these FTAs, using for that purpose the methodological structure of input-output model. The results of the model for the period considered allow to conclude a negative impact in the domestic value generation of the industrial sector due to increase of the imported intermediary goods.

scholarly journals Latin American states cooperation with the United States of America and the European Union

2019 ◽  
pp. 54-58
Author(s):  
E. R. Novitskiy
Keyword(s):  
European Union ◽  
Latin American ◽  
The United States ◽  
Modern World ◽  
The European Union ◽  
Economic Role ◽  
Latin American Region ◽  
Long Time ◽  
The Usa ◽  
Latin American Countries

Both the political and economic role of the Latin American region has increased significantly in the modern world. The largest Latin American countries have emerged as major regional players. In this regard, the analysis of the current foreign policy relations of the region is of particular interest and relevance for this research. Many key actors in the international arena are now paying increasing attention to the region. For a long time, the main partners of Latin American countries in various fields have been the USA and the European Union (EU), which have long historical ties with the region. However, against the backdrop of increased interest in the region on the part of other major international players, in particular China, the positions of both the US and the EU may have been weakened.

scholarly journals Drug prices in Latin American countries: the case of rheumatoid arthritis Biosimilars

2021 ◽  
Vol 61 (1) ◽  
Author(s):  
Gabriela Bittencourt Gonzalez Mosegui ◽  
Fernando Antõnanzas ◽  
Cid Manso de Mello Vianna ◽  
Paula Rojas
Keyword(s):  
Rheumatoid Arthritis ◽  
United States ◽  
Latin American ◽  
United States Of America ◽  
Purchasing Power Parity ◽  
The United States ◽  
Power Parity ◽  
Drug Prices ◽  
The Us ◽  
Latin American Countries

Abstract Background The objective of this paper is to analyze the prices of biological drugs in the treatment of Rheumatoid Arthritis (RA) in three Latin American countries (Brazil, Colombia and Mexico), as well as in Spain and the United States of America (US), from the point of market entry of biosimilars. Methods We analyzed products authorized for commercialization in the last 20 years, in Brazil, Colombia, and Mexico, comparing them to the United States of America (USA) and Spain. For this analysis, we sought the prices and registries of drugs marketed between 1999 and October 1, 2019, in the regulatory agencies’ databases. The pricing between countries was based on purchasing power parity (PPP). Results The US authorized the commercialization of 13 distinct biologicals and four biosimilars in the period. Spain and Brazil marketed 14 biopharmaceuticals for RA, ten original, four biosimilars. Colombia and Mexico have authorized three biosimilars in addition to the ten biological ones. For biological drug prices, the US is the most expensive country. Spain’s price behavior seems intermediate when compared to the three LA countries. Brazil has the highest LA prices, followed by Mexico and Colombia, which has the lowest prices. Spain has the lowest values in PPP, compared to LA countries, while the US has the highest prices. Conclusion The economic effort that LA countries make to access these medicines is much higher than the US and Spain. The use of the PPP ensured a better understanding of the actual access to these inputs in the countries analyzed.

The Epidemiology of Drug Promotion

1977 ◽  
Vol 7 (2) ◽  
pp. 157-166 ◽  
Author(s):  
Milton Silverman
Keyword(s):  
United States ◽  
Latin America ◽  
Latin American ◽  
Prescription Drugs ◽  
The United States ◽  
Corporate Ethics ◽  
Social Responsibilities ◽  
The One ◽  
Global Company ◽  
Latin American Countries

A survey was conducted on the promotion of 28 prescription drugs in the form of 40 different products marketed in the United States and Latin America by 23 multinational pharmaceutical companies. Striking differences were found in the manner in which the identical drug, marketed by the identical company or its foreign affiliate, was described to physicians in the United States and to physicians in Latin America. In the United States, the listed indications were usually few in number, while the contraindications, warnings, and potential adverse reactions were given in extensive detail. In Latin America, the listed indications were far more numerous, while the hazards were usually minimized, glossed over, or totally ignored. The differences were not simply between the United States on the one hand and all the Latin American countries on the other. There were substantial differences within Latin America, with the same global company telling one story in Mexico, another in Central America, a third in Ecuador and Colombia, and yet another in Brazil. The companies have sought to defend these practices by contending that they are not breaking any Latin American laws. In some countries, however, such promotion is in clear violation of the law. The corporate ethics and social responsibilities concerned here call for examination and action.

scholarly journals Virology research in a Latin American developing country: a bibliometric analysis of virology in Colombia (2000–2013)

2015 ◽  
Vol 9 (11) ◽  
pp. 1226-1237 ◽  
Author(s):  
Julian Ruiz-Saenz ◽  
Marlen Martinez-Gutierrez
Keyword(s):  
Bibliometric Analysis ◽  
Latin American ◽  
Health Planning ◽  
The United States ◽  
Descriptive Statistics ◽  
Viral Diseases ◽  
Bibliographic Data ◽  
Latin American Countries ◽  
Scimago Journal Rank

Introduction: Bibliometric analysis demonstrates that the virology research in Latin America has increased. For this reason, the objective of this study was to evaluate Colombian publications on viruses and viral diseases in indexed journals during the period from 2000 to 2013. Methodology: The bibliographic data were collected from MedLine, SciELO, LILACS and Scopus databases. The database was constructed in Excel descriptive statistics. The SCImago Journal Rank (SJR) was evaluated using the SCImago Journal & Country Rank in 2013 and was used as an indicator of the quality of the journals used by the Colombian researchers. Results: The total number of papers published was 711, of which 40.4% were published in local journals, and 59.6% were published in foreign journals. Most (89.2%) were original papers. Moreover, 34.2% of the papers were published in collaboration with international researchers, with the United States being the most represented. Of the journals used, 85.6% had an SJR, and 14.4% did not. The median SJR of the papers was 0.789, and the median of the papers with international collaborators was higher compared to the SJR of the papers without international collaboration. Papers were most frequently published in journals whose categories were medicine (miscellaneous), virology, and infectious diseases. The viruses that appeared in the papers more frequently were HIV, dengue, and papillomavirus. Conclusions: This study provides data for use in research, health planning, and policy analysis as it relates to virology in Colombia and other developing Latin American countries.

scholarly journals The state of voice user interfaces in Latin America

2020 ◽  
pp. 28
Author(s):  
Adriana L Iñiguez-Carrillo ◽  
Laura S Gaytán-Lugo ◽  
Rocío Maciel-Arellano ◽  
Miguel A García-Ruiz ◽  
Daniel Aréchiga
Keyword(s):  
Latin America ◽  
Latin American ◽  
Language Processing ◽  
User Interfaces ◽  
Speech Processing ◽  
The United States ◽  
The State ◽  
Conversational Agents ◽  
Voice User ◽  
Latin American Countries

This paper describes and analyzes the state of research in Voice User Interfaces (VUIs) in Latin America based on the review of scientific documents published in SCOPUS from 1999 to June 2020, through a bibliometric analysis. We analyzed 419 academic papers. Although a gradual increase is observed over the years, the number of published documents has increased considerably since 2014. Brazil (44%) and Mexico (28%) are the countries with more documents published. Co-authorship occurs between Latin American countries (Brazil, Argentina, Mexico, Ecuador, and Costa Rica). However, the mayor collaboration from Latin American countries occurs with the United States, France, Germany, Spain, Portugal, the United Kingdom, and Japan. The main researched topics are studies of automatic speech recognition, artificial intelligence, speech processing, and human-computer interaction, which have grown over the past few years. Natural language processing, conversational agents, user experience, and chatbots are keywords related to more recent studies. Our analysis reveals that the primary active research developed in the short-term future are personal assistants and assistive technology using voice user interfaces.

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