<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0120-3053</journal-id>
<journal-title><![CDATA[Apuntes del Cenes]]></journal-title>
<abbrev-journal-title><![CDATA[Apuntes del Cenes]]></abbrev-journal-title>
<issn>0120-3053</issn>
<publisher>
<publisher-name><![CDATA[Universidad Pedagógica y Tecnológica de Colombia (UPTC)]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0120-30532020000200075</article-id>
<article-id pub-id-type="doi">10.19053/01203053.v39.n70.2020.10840</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[Determinants of Trade Flows between Colombia and South Korea]]></article-title>
<article-title xml:lang="es"><![CDATA[Determinantes de los flujos comerciales entre Colombia y Corea del Sur]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Ariza Marin]]></surname>
<given-names><![CDATA[Sandra Daniela]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Libre  ]]></institution>
<addr-line><![CDATA[Pereira ]]></addr-line>
<country>Colombia</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2020</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2020</year>
</pub-date>
<volume>39</volume>
<numero>70</numero>
<fpage>75</fpage>
<lpage>105</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_arttext&amp;pid=S0120-30532020000200075&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_abstract&amp;pid=S0120-30532020000200075&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_pdf&amp;pid=S0120-30532020000200075&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract: This paper identifies the determinants of trade flows between Colombia and South Korea. For this purpose, the economic and commercial profile for both countries, bilateral trade and the signed FTA were analyzed. Likewise, a gravity model for total and sectorial trade with panel data for the period of 1993-2013 is applied, finding consistencies with the theoretical postulates. Variables such as income of the importer and exporter countries determine positive and significant bilateral trade, while the distance and landlocked decrease the likelihood of trade. Furthermore, the results of the gravity model indicate that the free trade agreements have no significant impact on trade of South Korea; however, from the analysis of the agreement it is considered that Colombian agricultural and agro-industrial products have potential opportunities to compete in the Asian country.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen Este trabajo de investigación identifica los determinantes de los flujos comerciales entre Colombia y Corea del Sur. Para ello, se analiza el perfil comercial de ambos países, el comercio bilateral y el TLC firmado. Así mismo, se aplica un modelo gravitational para el comercio total y sectorial con datos de panel para el período 1993-2013, encontrando consistencia con los postulados teóricos. De manera que variables como los ingresos de los países importadores y exportadores determinan el comercio bilateral positivo y significativo, mientras que la distancia y el litoral disminuyen la probabilidad de comercio. Además, los resultados del modelo gravitacional indican que los acuerdos de libre comercio no tienen un efecto significativo en el comercio de Corea del Sur de acuerdo con la estimación realizada; sin embargo, del análisis del acuerdo se considera que los productos agrícolas y agroindustriales colombianos tienen oportunidades potenciales para competir en el país asiático.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[bilateral trade]]></kwd>
<kwd lng="en"><![CDATA[gravity model]]></kwd>
<kwd lng="en"><![CDATA[free trade agreement]]></kwd>
<kwd lng="en"><![CDATA[Colombia]]></kwd>
<kwd lng="en"><![CDATA[South Korea]]></kwd>
<kwd lng="es"><![CDATA[Comercio bilateral]]></kwd>
<kwd lng="es"><![CDATA[modelo gravitacional]]></kwd>
<kwd lng="es"><![CDATA[tratado de libre comercio]]></kwd>
<kwd lng="es"><![CDATA[Corea del Sur]]></kwd>
<kwd lng="es"><![CDATA[Colombia]]></kwd>
</kwd-group>
</article-meta>
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