P45 - Other Economic Systems: International Trade, Finance, Investment and AidReturn

This paper focuses on the identification of the variables determining the attractiveness of the exports from the Visegrad Group to Latin American and Caribbean countries using methods of economic history and cliometrics. There are a total of twenty-two countries represented over a period of ten years, from 2001 to 2013. It considers institutional and technological variables traditionally not taken into account, such as corruption control, patent applications and FDI inflow per GDP. As shown in the analysis and results presented in this paper, these factors not only point back to traditional variables such as GDP, inflation, population, the share of GDP by sector, etc. but also have an influence in attracting trade flows. This research will also analyze the main export trends from V4 to Latin America and Caribbean in a historical perspective between 2001 and 2013.