Latin American Commodity (Fung et al.)

Latin American commodity export concentration: is there a China effect? by K.C. Fung, Alicia Garcia-Herrero and Mario Nigrinis Ospina (1/2013). “Given that commodity export concentration is likely to be unhelpful for economic development, we then ask the question of whether Latin America has been experiencing a more pronounced concentration of such exports. We then use different indicators to measure such concentration. Our measurements show that there may be an increase of commodity concentration exports in the last few years of this decade. This phenomenon leads us to ask the question: is the rise of China partly responsible for such an increase?”