Has the Chile-Korea FTA served as a bridgehead FTA?

This study demonstrates that the Chile-Korea FTA in 2004 serves as a bridgehead FTA for the accessibility of Korean goods in the Latin American market. A bridgehead FTA can be defined as an FTA with one particular partner country serving as a base to increase exports to its neighboring countries. Th...

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Detalles Bibliográficos
Publicado en:Journal of the Asia Pacific Economy Vol. 22; no. 3; pp. 477 - 486
Autores principales: Lee, Shi-Young, Im, Hyejoon, Lim, Eun Jung
Formato: Artículo
Publicado: Taylor & Francis Ltd Jul2017
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Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:This study demonstrates that the Chile-Korea FTA in 2004 serves as a bridgehead FTA for the accessibility of Korean goods in the Latin American market. A bridgehead FTA can be defined as an FTA with one particular partner country serving as a base to increase exports to its neighboring countries. This effect is more pronounced as Chile and LAFTA countries are more integrated. Our result suggests that a trade policy such as FTA can serve to complement business strategy of firms.