China’s effect on Latin America’s international trade

Abstract

This article presents, through gravity models and a correct definition of what is understood by lost opportunities, an analysis of aggregate trade flows aimed at identifying China’s effects on Latin America’s trade. The results obtained indicate that it is not possible to talk about lost opportunities for Latin America in the Chinese market, since all the groups included in the region present demand elasticities from China that are not lower versus the rest of the regions or country groups.bilateral trade, gravity model, Poisson regression, China, Latin America