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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| Main Author: | |
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| Other Authors: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2015
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| Series: | OECD Trade Policy Papers
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| Subjects: | |
| Online Access: | Volltext |
| Summary: | 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 |
| Physical Description: | 1 Online-Ressource (40 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/5js6ds9b6kjb-en |
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| spelling | Nordås, Hildegunn Kyvik Verfasser aut The Impact of Services Trade Restrictiveness on Trade Flows First Estimates Hildegunn Kyvik Nordås and Dorothée Rouzet Paris OECD Publishing 2015 1 Online-Ressource (40 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Trade Policy Papers 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 Trade Rouzet, Dorothée ctb https://doi.org/10.1787/5js6ds9b6kjb-en Verlag kostenfrei Volltext |
| spellingShingle | Nordås, Hildegunn Kyvik The Impact of Services Trade Restrictiveness on Trade Flows First Estimates Trade |
| title | The Impact of Services Trade Restrictiveness on Trade Flows First Estimates |
| title_auth | The Impact of Services Trade Restrictiveness on Trade Flows First Estimates |
| title_exact_search | The Impact of Services Trade Restrictiveness on Trade Flows First Estimates |
| title_exact_search_txtP | The Impact of Services Trade Restrictiveness on Trade Flows First Estimates |
| title_full | The Impact of Services Trade Restrictiveness on Trade Flows First Estimates Hildegunn Kyvik Nordås and Dorothée Rouzet |
| title_fullStr | The Impact of Services Trade Restrictiveness on Trade Flows First Estimates Hildegunn Kyvik Nordås and Dorothée Rouzet |
| title_full_unstemmed | The Impact of Services Trade Restrictiveness on Trade Flows First Estimates Hildegunn Kyvik Nordås and Dorothée Rouzet |
| title_short | The Impact of Services Trade Restrictiveness on Trade Flows |
| title_sort | the impact of services trade restrictiveness on trade flows first estimates |
| title_sub | First Estimates |
| topic | Trade |
| topic_facet | Trade |
| url | https://doi.org/10.1787/5js6ds9b6kjb-en |
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