000112738 001__ 112738 000112738 005__ 20240319080949.0 000112738 0247_ $$2doi$$a10.3390/math10030333 000112738 0248_ $$2sideral$$a128361 000112738 037__ $$aART-2022-128361 000112738 041__ $$aeng 000112738 100__ $$0(orcid)0000-0001-8691-1064$$aAyuda, María Isabel$$uUniversidad de Zaragoza 000112738 245__ $$aLatin American Agri-Food Exports, 1994–2019: A Gravity Model Approach 000112738 260__ $$c2022 000112738 5060_ $$aAccess copy available to the general public$$fUnrestricted 000112738 5203_ $$aThis study analyses the causes of the strong growth in the agri-food exports of Latin America between 1994 and 2019. To do this, a series of gravity models are estimated, using as a dependent variable the agri-food exports of 15 Latin American countries to their 185 principal trading partners. The empirical specification is based on the gravity theory of trade, according to which, trade between two countries is determined by the size of both of their markets and their transport costs. Other variables have also been included, considering the theoretical foundations proposed for the gravity model. We initially used the PPML estimator since it is the method that provides estimates with the best properties. We later compared these results with those obtained through OLS and the Heckman selection model. Our findings show that the growth in agri-food exports is explained by factors of both supply and demand, but that the latter plays a more important role since we have obtained evidence of a reverse home-market effect. Furthermore, we can conclude that the creation of regional trade agreements, such as NAFTA, MERCOSUR, CACM, APEC, and TPP, has significantly favoured agri-food exports in the region. © 2022 by the authors. Licensee MDPI, Basel, Switzerland. 000112738 536__ $$9info:eu-repo/grantAgreement/ES/DGA-FEDER/S55-20R$$9info:eu-repo/grantAgreement/ES/DGA/S40-20R$$9info:eu-repo/grantAgreement/ES/MCINN-FEDER/PGC2018-095529-B-I00$$9info:eu-repo/grantAgreement/ES/MCINN/PID2019-106822RB-I00 000112738 540__ $$9info:eu-repo/semantics/openAccess$$aby-nc-nd$$uhttp://creativecommons.org/licenses/by-nc-nd/3.0/es/ 000112738 590__ $$a2.4$$b2022 000112738 592__ $$a0.446$$b2022 000112738 591__ $$aMATHEMATICS$$b23 / 329 = 0.07$$c2022$$dQ1$$eT1 000112738 593__ $$aComputer Science (miscellaneous)$$c2022$$dQ2 000112738 593__ $$aMathematics (miscellaneous)$$c2022$$dQ2 000112738 593__ $$aEngineering (miscellaneous)$$c2022$$dQ2 000112738 594__ $$a3.5$$b2022 000112738 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/publishedVersion 000112738 700__ $$0(orcid)0000-0003-1081-4107$$aBelloc, Ignacio$$uUniversidad de Zaragoza 000112738 700__ $$0(orcid)0000-0003-2256-8898$$aPinilla, Vicente$$uUniversidad de Zaragoza 000112738 7102_ $$14000$$2415$$aUniversidad de Zaragoza$$bDpto. Análisis Económico$$cÁrea Fund. Análisis Económico 000112738 7102_ $$14014$$2480$$aUniversidad de Zaragoza$$bDpto. Economía Aplicada$$cÁrea Hª e Instituc.Económ. 000112738 773__ $$g10, 3 (2022), 333 [22 pp.]$$pMathematics (Basel)$$tMathematics$$x2227-7390 000112738 8564_ $$s662664$$uhttps://zaguan.unizar.es/record/112738/files/texto_completo.pdf$$yVersión publicada 000112738 8564_ $$s2625392$$uhttps://zaguan.unizar.es/record/112738/files/texto_completo.jpg?subformat=icon$$xicon$$yVersión publicada 000112738 909CO $$ooai:zaguan.unizar.es:112738$$particulos$$pdriver 000112738 951__ $$a2024-03-18-12:55:09 000112738 980__ $$aARTICLE