The education networks of Latin America. Effects on bilateral trade during and after the cold war
Date
2015-09Author
Murat, Marina
Recalde, María Luisa
Degiovanni, Pedro Gabriel
Metadata
Show full item recordAbstract
The friendship and social networks international students tend to build during their
university studies can boost trade between the home country and that of the alma mater. This paper
tests the effects of Latin American students on bilateral trade between eleven home economies and
nine OECD countries during 1971-2012. We find education networks to positively and significantly
affect both exports and imports. Also, the democratization and liberalization of Latin American
political regimes following the end of the cold war slightly weaken the influence of networks, but
directly and positively affect trade. Results are robust to different specifications and regressors.