The Impact of Services Trade Restrictiveness on Trade Flows : First Estimates / Hildegunn Nordås and Dorothée Rouzet
Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: OECD Trade Policy Papers ; no.178Publisher: Paris : OECD Publishing, 2015Description: Online-Ressource (41 p.)Subject(s): DOI: DOI: 10.1787/5js6ds9b6kjb-enOnline resources: 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.PPN: PPN: 828379637Package identifier: Produktsigel: ZDB-13-SOC | ZDB-13-SOC-ebookNo physical items for this record