<?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>0121-4772</journal-id>
<journal-title><![CDATA[Cuadernos de Economía]]></journal-title>
<abbrev-journal-title><![CDATA[Cuad. Econ.]]></abbrev-journal-title>
<issn>0121-4772</issn>
<publisher>
<publisher-name><![CDATA[Universidad Nacional de Colombia]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0121-47722017000200379</article-id>
<article-id pub-id-type="doi">10.15446/cuad.econ.v36n71.54921</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Concentración económica y comercio internacional. La condición Marshall-Lerner en la argentina (1993-2013)]]></article-title>
<article-title xml:lang="en"><![CDATA[Economic concentration and international trade. The Marshall-Lerner condition in Argentina (1993-2013)]]></article-title>
<article-title xml:lang="fr"><![CDATA[Concentration économique et commerce international. La condition Marshall-Lerner en Argentine (1993-2013)]]></article-title>
<article-title xml:lang="pt"><![CDATA[Concentração econômica e comércio internacional. A condição Marshall-Lerner na Argentina (1993-2013)]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Chena]]></surname>
<given-names><![CDATA[Pablo Ignacio]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Bosnic]]></surname>
<given-names><![CDATA[Carolina]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Nacional de La Plata  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Argentina</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Subsecretaría de Coordinación Económica del Ministerio de Economía  ]]></institution>
<addr-line><![CDATA[Buenos Aires ]]></addr-line>
<country>Argentina</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2017</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2017</year>
</pub-date>
<volume>36</volume>
<numero>71</numero>
<fpage>379</fpage>
<lpage>403</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_arttext&amp;pid=S0121-47722017000200379&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_abstract&amp;pid=S0121-47722017000200379&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_pdf&amp;pid=S0121-47722017000200379&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen El presente artículo estudia los efectos de la concentración económica en la pérdida de sensibilidad de la balanza comercial a las variaciones del tipo de cambio real (TCR). Para esto se analizan los flujos comerciales de la Argentina (1993-2013), con el doble objetivo de, por un lado, identificar el cumplimiento de la condición Marshall-Lerner (CML) y, por otro, determinar la influencia de la concentración económica sobre la misma. Los resultados alcanzados muestran que los movimientos del TCR no generan cambios significativos en la balanza comercial. Sin embargo, cuando se aíslan los efectos directos e indirectos de la concentración económica, la balanza comercial aumenta su sensibilidad al TCR y se cumple la CML. JEL: F14, F43, O54.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This paper analyses the effects that economic concentration on trade balance sensitivity has on changes in the Real Exchange Rate (RER). It uses Argentinian trade flows statistical data over the 1993-2013 period, with the dual purpose of identifying whether the Marshall- Lerner Condition (MLC) is met as well as the impacts of economic concentration on it. The evidence showed that RER movements do not generate significant changes in the trade balance; however, when the direct and indirect effects of the economic concentration are isolated, the sensitivity to RER increases and the MLC is met. JEL: F14, F43, O54.]]></p></abstract>
<abstract abstract-type="short" xml:lang="fr"><p><![CDATA[Résumé Cet article étudie les effets de la concentration économique sur la perte de sensibilité de la balance commerciale aux variations du type de change réel (TCR). Pour cela nous analysons les flux commerciaux de l&#8217;Argentine (1993-2013) avec le double objectif, d&#8217;une part, d&#8217;identifier le respect de la condition Marshall-Lerner (CML) et, de l&#8217;autre, de déterminer l&#8217;influence de la concentration économique sur celle-ci. Les résultats auxquels nous parvenons montrent que les mouvements du TCR n&#8217;entraînent pas de changements significatifs sur la balance commerciale. Cependant, quand on isole les effets directs et indirects de la concentration économique, la balance commerciale augmente sa sensibilité au TCR et respecte la CML. JEL : F14, F43, O54.]]></p></abstract>
<abstract abstract-type="short" xml:lang="pt"><p><![CDATA[Resumo Este artigo estuda os efeitos da concentração econômica na perda de sensibilidade da balança comercial às variações da taxa de câmbio real (TCR). Para isto, são analisados os fluxos comerciais da Argentina (1993-2013), com o duplo objetivo de, de um lado, identificar o cumprimento da condição Marshall-Lerner (CML) y, do outro, determinar a influência da concentração econômica sobre a mesma. Os resultados atingidos mostram que os movimentos do TCR não geram mudanças significativas na balança comercial. No entanto, quando isolamos os efeitos diretos e indiretos da concentração econômica, a balança comercial aumenta a sua sensibilidade ao TCR e a CML é cumprida. JEL: F14, F43, O54.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[concentración]]></kwd>
<kwd lng="es"><![CDATA[tipo de cambio real]]></kwd>
<kwd lng="es"><![CDATA[condición Marshall-Lerner]]></kwd>
<kwd lng="es"><![CDATA[Argentina]]></kwd>
<kwd lng="en"><![CDATA[Concentration]]></kwd>
<kwd lng="en"><![CDATA[real exchange rate]]></kwd>
<kwd lng="en"><![CDATA[Marshall-Lerner Condition]]></kwd>
<kwd lng="en"><![CDATA[Argentina]]></kwd>
<kwd lng="fr"><![CDATA[Concentration]]></kwd>
<kwd lng="fr"><![CDATA[type de change réel]]></kwd>
<kwd lng="fr"><![CDATA[condition Marshall-Lerner]]></kwd>
<kwd lng="fr"><![CDATA[Argentine]]></kwd>
<kwd lng="pt"><![CDATA[Concentração]]></kwd>
<kwd lng="pt"><![CDATA[taxa de câmbio real]]></kwd>
<kwd lng="pt"><![CDATA[condição Marshall-Lerner]]></kwd>
<kwd lng="pt"><![CDATA[Argentina]]></kwd>
</kwd-group>
</article-meta>
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