“…While the empirical exercise in Voigt et al (2014) seems the most exhaustive in its genre, most of the literature that uses SDA focuses on a small number of countries or emissions types, and many examine China vis a vis the US. For instance, (Mulder and de Groot, 2012) and (Mulder et al, 2014) (Su and Ang, 2012) and (Tian et al, 2014)) the US and the EU27 ; (Poudel et al, 2009), (Russi et al, 2008) and (Jimenez and Mercado, 2014) present evidence on LAC s; while (Panayotou et al, 2000) on a number of developing countries. Although the body of evidence based on SDA conducted on a large number of countries is smaller that evidence on single macro-regions, we can examine the case of the LAC s, which is particularly interesting due to their main specialisation in natural resources.…”