Of bytes and trade: Quantifying the impact of digitalisation on trade:
This paper provides an overview of the evolving nature of digital trade and digital trade policies. It shows that digital trade has been growing faster than "non-digital" trade. By 2018, 24% of global trade (USD 5.1 trillion) could be considered digital trade. In parallel, countries have e...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2023
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Schriftenreihe: | OECD Trade Policy Papers
no.273 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | This paper provides an overview of the evolving nature of digital trade and digital trade policies. It shows that digital trade has been growing faster than "non-digital" trade. By 2018, 24% of global trade (USD 5.1 trillion) could be considered digital trade. In parallel, countries have embraced digital trade provisions in trade agreements and new digital economy agreements have emerged. The empirical analysis shows that growing digital connectivity delivers a double dividend, increasing both domestic and international trade. It also shows that digital trade chapters have the potential to double the effect of trade agreements, while reductions in domestic barriers affecting digital trade have a strong export-enhancing effect, particularly in digitally-deliverable services. Overall, the results suggest that digital connectivity and digital trade policies play a significant and growing role in reducing trade costs and increasing trade across countries at all levels of development. The paper calls for wider participation and ambition in discussions at the WTO. |
Beschreibung: | 1 Online-Ressource (54 p.) 21 x 28cm. |
DOI: | 10.1787/11889f2a-en |
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spelling | López González, Javier VerfasserIn aut Of bytes and trade: Quantifying the impact of digitalisation on trade Javier, López González, Silvia, Sorescu and Pinar, Kaynak Paris OECD Publishing 2023 1 Online-Ressource (54 p.) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Trade Policy Papers no.273 This paper provides an overview of the evolving nature of digital trade and digital trade policies. It shows that digital trade has been growing faster than "non-digital" trade. By 2018, 24% of global trade (USD 5.1 trillion) could be considered digital trade. In parallel, countries have embraced digital trade provisions in trade agreements and new digital economy agreements have emerged. The empirical analysis shows that growing digital connectivity delivers a double dividend, increasing both domestic and international trade. It also shows that digital trade chapters have the potential to double the effect of trade agreements, while reductions in domestic barriers affecting digital trade have a strong export-enhancing effect, particularly in digitally-deliverable services. Overall, the results suggest that digital connectivity and digital trade policies play a significant and growing role in reducing trade costs and increasing trade across countries at all levels of development. The paper calls for wider participation and ambition in discussions at the WTO. Economics Trade Sorescu, Silvia MitwirkendeR ctb Kaynak, Pinar MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/11889f2a-en Volltext |
spellingShingle | López González, Javier Of bytes and trade: Quantifying the impact of digitalisation on trade Economics Trade |
title | Of bytes and trade: Quantifying the impact of digitalisation on trade |
title_auth | Of bytes and trade: Quantifying the impact of digitalisation on trade |
title_exact_search | Of bytes and trade: Quantifying the impact of digitalisation on trade |
title_full | Of bytes and trade: Quantifying the impact of digitalisation on trade Javier, López González, Silvia, Sorescu and Pinar, Kaynak |
title_fullStr | Of bytes and trade: Quantifying the impact of digitalisation on trade Javier, López González, Silvia, Sorescu and Pinar, Kaynak |
title_full_unstemmed | Of bytes and trade: Quantifying the impact of digitalisation on trade Javier, López González, Silvia, Sorescu and Pinar, Kaynak |
title_short | Of bytes and trade: Quantifying the impact of digitalisation on trade |
title_sort | of bytes and trade quantifying the impact of digitalisation on trade |
topic | Economics Trade |
topic_facet | Economics Trade |
url | https://doi.org/10.1787/11889f2a-en |
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