Economic Integration across Latin America : Evidence from Labor Markets, 1990-2013
Combining macroeconomic and microeconomic data and three indicators of international market integration, this paper assesses the degree to which Latin American labor markets are integrated. The results suggest that relative to East Asia, Latin Amer...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2016/10/26836660/economic-integration-across-latin-america-evidence-labor-markets-1990-2013 http://hdl.handle.net/10986/25164 |
| Summary: | Combining macroeconomic and
microeconomic data and three indicators of international
market integration, this paper assesses the degree to which
Latin American labor markets are integrated. The results
suggest that relative to East Asia, Latin American labor
markets are somewhat more integrated, but considerable
differences across countries persist. In addition, the
evidence indicates that the degree of labor market
integration across Latin American borders is significantly
less than that of labor markets within Mexico and within the
United States in two of the three indicators. These
differences may suggest opportunities for efficiency gains
from further labor market integration. |
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