Bilateral Trade Agreements: the Colombian Case (1990-2015)

The proliferation of bilateral trade agreements has created a phenomenon known in the literature as “hub and spoke” bilateralism. In this context, Colombia’s trade policy is geared towards the signing of bilateral trade agreements. This article evaluates the policy of signing bilateral agreements im...

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Main Authors: Rojas Sánchez, Carolina, Gómez Olaya, Álvaro Pío
Format: Online
Language:spa
Published: Universidad Pedagógica y Tecnológica de Colombia 2018
Subjects:
Online Access:https://revistas.uptc.edu.co/index.php/cenes/article/view/5961
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author Rojas Sánchez, Carolina
Gómez Olaya, Álvaro Pío
author_facet Rojas Sánchez, Carolina
Gómez Olaya, Álvaro Pío
author_sort Rojas Sánchez, Carolina
collection OJS
description The proliferation of bilateral trade agreements has created a phenomenon known in the literature as “hub and spoke” bilateralism. In this context, Colombia’s trade policy is geared towards the signing of bilateral trade agreements. This article evaluates the policy of signing bilateral agreements implemented by Colombia between 1990 and 2015. We analyse trade flows between Colombia and several countries using Baldwin’s HM index of hub-ness (2004) and the matrix of Chen (2008). The results obtainedquestion the Colombian policy of signing trade agreements.
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spelling oai:oai.revistas.uptc.edu.co:article-59612022-06-17T21:34:41Z Bilateral Trade Agreements: the Colombian Case (1990-2015) Los acuerdos comerciales bilaterales: el caso Colombiano (1990-2015) Rojas Sánchez, Carolina Gómez Olaya, Álvaro Pío free trade agreements trade policy evaluation hub and spoke bilateralism regional integration Colombia United States of America China acuerdos de libre comercio (TLC) evaluación de política comercial bilateralismo “eje-radios” integración regional Colombia Estados Unidos China. The proliferation of bilateral trade agreements has created a phenomenon known in the literature as “hub and spoke” bilateralism. In this context, Colombia’s trade policy is geared towards the signing of bilateral trade agreements. This article evaluates the policy of signing bilateral agreements implemented by Colombia between 1990 and 2015. We analyse trade flows between Colombia and several countries using Baldwin’s HM index of hub-ness (2004) and the matrix of Chen (2008). The results obtainedquestion the Colombian policy of signing trade agreements. La proliferación de acuerdos comerciales bilaterales ha creado un fenómeno conocido en la literatura como “organización regional en ejes” o bilateralismo “eje-radios” (hub-spoke).  En este contexto, la política comercial de Colombia está orientada hacia la firma de acuerdos comerciales bilaterales. El artículo evalúa la política de firma de acuerdos bilaterales implementada por Colombia entre 1990-2015. Se analizan los flujos comerciales entre Colombia y diversos países aplicando el índice HM de Baldwin (2004) y la matriz de Chen (2008), que permiten medir la organización regional del comercio en ejes. Se encuentra que se ha consolidado un sistema de economías ejes y radios. Los resultados obtenidos cuestionan la política de firma de acuerdos colombiana. Universidad Pedagógica y Tecnológica de Colombia 2018-02-06 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer reviewed Article application/pdf application/xml https://revistas.uptc.edu.co/index.php/cenes/article/view/5961 10.19053/01203053.v37.n65.2018.5961 Apuntes del Cenes; Vol. 37 No. 65 (2018); 117-149 Apuntes del Cenes; Vol. 37 Núm. 65 (2018); 117-149 2256-5779 0120-3053 spa https://revistas.uptc.edu.co/index.php/cenes/article/view/5961/6040 https://revistas.uptc.edu.co/index.php/cenes/article/view/5961/7986 Copyright (c) 2018 Carolina Rojas Sánchez, Álvaro Pío Gómez Olaya http://creativecommons.org/licenses/by-nc-sa/4.0
spellingShingle free trade agreements
trade policy evaluation
hub and spoke bilateralism
regional integration
Colombia
United States of America
China
acuerdos de libre comercio (TLC)
evaluación de política comercial
bilateralismo “eje-radios”
integración regional
Colombia
Estados Unidos
China.
Rojas Sánchez, Carolina
Gómez Olaya, Álvaro Pío
Bilateral Trade Agreements: the Colombian Case (1990-2015)
title Bilateral Trade Agreements: the Colombian Case (1990-2015)
title_alt Los acuerdos comerciales bilaterales: el caso Colombiano (1990-2015)
title_full Bilateral Trade Agreements: the Colombian Case (1990-2015)
title_fullStr Bilateral Trade Agreements: the Colombian Case (1990-2015)
title_full_unstemmed Bilateral Trade Agreements: the Colombian Case (1990-2015)
title_short Bilateral Trade Agreements: the Colombian Case (1990-2015)
title_sort bilateral trade agreements the colombian case 1990 2015
topic free trade agreements
trade policy evaluation
hub and spoke bilateralism
regional integration
Colombia
United States of America
China
acuerdos de libre comercio (TLC)
evaluación de política comercial
bilateralismo “eje-radios”
integración regional
Colombia
Estados Unidos
China.
topic_facet free trade agreements
trade policy evaluation
hub and spoke bilateralism
regional integration
Colombia
United States of America
China
acuerdos de libre comercio (TLC)
evaluación de política comercial
bilateralismo “eje-radios”
integración regional
Colombia
Estados Unidos
China.
url https://revistas.uptc.edu.co/index.php/cenes/article/view/5961
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AT gomezolayaalvaropio bilateraltradeagreementsthecolombiancase19902015
AT rojassanchezcarolina losacuerdoscomercialesbilateraleselcasocolombiano19902015
AT gomezolayaalvaropio losacuerdoscomercialesbilateraleselcasocolombiano19902015