The Impact of Services Trade Restrictiveness on Trade Flows: First Estimates

This paper uses newly released OECD data on services trade restrictions (STRI) to analyse the relationship between services trade restrictions, cross-border trade in services and trade in downstream manufactured goods. A standard gravity model is enhanced by the STRI indices in a cross-section regre...

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Bibliographische Detailangaben
1. Verfasser: Nordås, Hildegunn Kyvik (VerfasserIn)
Weitere Verfasser: Rouzet, Dorothée (MitwirkendeR)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Paris OECD Publishing 2015
Schriftenreihe:OECD Trade Policy Papers
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Zusammenfassung:This paper uses newly released OECD data on services trade restrictions (STRI) to analyse the relationship between services trade restrictions, cross-border trade in services and trade in downstream manufactured goods. A standard gravity model is enhanced by the STRI indices in a cross-section regression analysis. Services trade restrictions are negatively associated with both imports and exports of services. The surprisingly strong effect on services exports is probably explained by a negative relationship between the STRIs and sector performance indices. Consequently, services suppliers are less competitive abroad. A negative relationship is also found between the STRI indices and exports, imports and intra-industry trade in manufactured goods. The statistical significance and the elasticities vary across services and goods sectors in ways that intuitively make sense
Beschreibung:1 Online-Ressource (40 Seiten) 21 x 29.7cm
DOI:10.1787/5js6ds9b6kjb-en

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