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Regional economic Integration and income inequality in Latin America: the case of the Andean Community of Nations

机译:拉丁美洲的区域经济一体化和收入不平等:以安第斯国家共同体为例

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Countries in Latin America have created many regional integration groups in order to boost economic growth, trade, and sustainable development. Income inequality has reduced in Latin America and especially in Andean region, one of the oldest regional group on the continent. There is a need to verify whether this decline is imputable to an intensified regional integration. Using the data for the Andean Community of Nations (CAN) from 2000 to 2013, we carry a panel analysis to inquire about the effect of regional economic integration on income inequality. We found that, regional trade has influenced the decline of income inequality in the region. The results discovered that intraregional trade increases income and, later, decreases it as countries become fully integrated; as predicted by the inverted U-shape theory. Our results do not provide evidence to support that economic growth affects income inequality. It, however, provides evidence of a higher degree of integration among the countries.
机译:拉丁美洲国家创建了许多区域一体化组织,以促进经济增长,贸易和可持续发展。拉丁美洲尤其是安第斯地区(该大陆最古老的地区集团之一)的收入不平等状况有所减轻。有必要核查这种下降是否应归因于区域一体化的加强。利用2000年至2013年安第斯国家共同体(CAN)的数据,我们进行了面板分析,以调查区域经济一体化对收入不平等的影响。我们发现,区域贸易影响了该地区收入不平等的下降。结果发现,区域内贸易增加了收入,后来随着国家完全一体化而减少。如倒U型理论所预测的。我们的结果没有提供证据支持经济增长会影响收入不平等。但是,它提供了国家之间更高程度的融合的证据。

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