Unlocking the Central America's Export Potential : Volume 3. Unlocking Potential in Rural Areas - Geographic Analysis

The Central America region is a small market. The region contains around 43 million inhabitants (0.6 percent of total world population) who generate around 0.25 percent of the world's Gross Domestic Product (GDP). While the region has successfully embarked on a regional integration agenda and has strong commercial links with the US, extra-regional trade-mainly with large fast-growing emerging economies-remains a challenge. Export performance is analyzed along three dimensions that, together, give a fairly comprehensive picture of competitiveness: 1) the composition, orientation and growth of the export basket; 2) the degree of export diversification across products and markets; and 3) the level of sophistication and quality of their main exports. This analysis allows exports dynamics at the different margins of trade (intensive, extensive, and quality) to be evaluated and individual countries' to be benchmarked with peers in the Central American region. The results of this report allow policy makers to identify key areas to explore in the overall discussion of export competitiveness in the Central American region. This paper relates to the literature on challenges and opportunities that trade liberalization can bring to the Central American region. Much of the recent literature focuses on the role of the free trade agreement negotiated by Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, and Nicaragua, with the US.

Bibliographic Details

Main Authors:	Torero, Maximo, Elias, Maribel, Alva, Camila, Grandes, Marines
Format:	Working Paper biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2012-10
Subjects:	ACCESS TO TECHNICAL ASSISTANCE, ACCESSIBILITY, ACCESSIBILITY PROBLEMS, ACCESSIBILITY TO MARKETS, ACCOUNTING, AGRICULTURAL ACTIVITIES, AGRICULTURAL DEVELOPMENT, AGRICULTURAL EXTENSION, AGRICULTURAL SERVICES, AGRICULTURE, ASSETS, BOTTLENECKS, BRIDGE, CAR, CARIBBEAN REGION, CASH TRANSFER PROGRAMS, CASH TRANSFERS, COLLECTIVE ACTION, COMPARATIVE ADVANTAGE, COMPETITIVENESS, COST OF TRANSPORTATION, CREDIT ACCESS, CROPLAND, CROSSING, DEFLATORS, DEVELOPMENT ECONOMICS, DEVELOPMENT POLICIES, DIESEL, ECONOMETRICS, ECONOMIC PERFORMANCE, EMPLOYMENT, EXPORTS, FARM ACTIVITIES, FARM EFFICIENCY, FARM HOUSEHOLDS, FARM PRODUCTION, FARMER, FIXED INPUTS, FOOD FOR WORK, FOOD POLICY, GAS PRICES, HIGHWAYS, HOUSEHOLD INCOME, HOUSEHOLD SIZE, HOUSEHOLD SURVEY, INCOMPLETE MARKETS, INEFFICIENCY, INSURANCE, LABOR MARKETS, LABOR PRODUCTIVITY, LABOR RESOURCES, LAND OWNERSHIP, LAND QUALITY, LAND SIZE, LAND USE, LOCAL FARMERS, LOW POVERTY RATES, MALNUTRITION, MARKET FAILURES, MAXIMUM LIKELIHOOD ESTIMATION, MEANS OF TRANSPORT, MICRO REGIONS, MINISTRY OF TRANSPORTATION, MOTIVATION, NET INCOME, NOISE, OPTIMIZATION, OUTPUTS, POOR POPULATIONS, POPULATION DENSITY, POVERTY ALLEVIATION, POVERTY DATA, POVERTY LEVELS, POVERTY MAP, POVERTY RATES, PRODUCTION INPUTS, PRODUCTION PROCESS, PRODUCTION TECHNOLOGY, PRODUCTIVE ASSETS, PRODUCTIVITY, RAILWAY, RAILWAY COMPANIES, REGIONAL AVERAGES, REGIONAL BASKETS, REGIONAL INEQUALITY, REGIONAL LEVEL, REGIONAL PRICE, REGIONAL PRICE DIFFERENCES, RISK AVERSE, ROAD, ROAD CLASSIFICATIONS, ROAD INFRASTRUCTURE, ROAD NETWORK, ROUTE, RURAL AREAS, RURAL COMMUNITIES, RURAL DEVELOPMENT, RURAL ECONOMY, RURAL HIGHLANDS, RURAL HOUSEHOLDS, RURAL LABOR, RURAL POOR, RURAL POPULATION, RURAL POVERTY, RURAL REGIONS, SAFETY, SAFETY NETS, SCHOOL FEEDING, SCHOOL FEEDING PROGRAMS, SCHOOLING, SMALL FARMERS, SMALL FARMS, SOCIAL ASSISTANCE, SOCIAL PROTECTION, SPATIAL ANALYSIS, SUBSISTENCE, TARGETING, TIRES, TRAILS, TRANSACTION COSTS, TRANSPORTATION, TRANSPORTATION COST, TRANSPORTATION INFRASTRUCTURE, TRAVEL SPEED, TRAVEL TIME, TRIP, VARIABLE INPUTS, VEGETABLES, VEHICLE, VILLAGE LEADERS, WAGES, WALKING, WELFARE MEASURE,
Online Access:	http://documents.worldbank.org/curated/en/110941468242387095/Unlocking-potential-in-rural-areas-geographic-analysis http://hdl.handle.net/10986/27272
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