ARGENTINE MINISTRY
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Trade in goods

Measures to control the carbon emissions of the civil aviation and Argentine foreign trade

Publication´s date: 
Oct 2014
Author: 
Carlos Galperín, María Victoria Lottici, Carlos Vallarino y Laura Daicz
This article analyzes the measures that are at stake to control the greenhouse gas emissions of the international civil aviation and their relationship with the Argentine foreign trade. In matters of international negotiations, debate is taking place at ICAO regarding the application of measures based on market criteria. These measures could be similar to the mechanisms set at international levels by the Kyoto Protocol and those in force at the national level in some economies, particularly, in the European Union. In negotiations within ICAO’s scope, what can be appreciated are: cross influences between the regional measures (those of the EU) and negotiations at international fora; actions by negotiating partnerships (of developing countries in particular); and a discussion regarding the application of the principle of common but differentiated responsibilities. Although a market-based measure would affect a small proportion of Argentine foreign sales –since only 3.5% of the exports are sent by plane– what takes place at ICAO’s negotiations could be taken as a model for the negotiations related to the maritime transport, which would in fact affect Argentine exports in a clear manner.
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Foreign trade elasticities in Argentina: a limitation to growth?

Publication´s date: 
Oct 2014
Author: 
Guido Zack y Demián Dalle
Foreign trade elasticities condition the rate of growth an economy can reach in the long term. In the present article, an estimation of price and income elasticities is made for the 1996-2013 period in Argentina. The results show that this country faces an obstacle to reach a rate of growth similar to that of its main trade partners, which cannot be avoided through exchange rate variations. In order to do so, it would be necessary to progress towards more complex links in global value chains and in the meantime, coordinate exchange rate policies as well as policies for foreign trade and capital flow management.
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ARTICLE
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