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The Impact of Services Trade Restrictiveness on Trade Flows: First Estimates
OECD, Paris, France.ORCID iD: 0000-0002-5944-3768
OECD, Paris, France.
2015 (English)In: OECD Trade Policy Papers, E-ISSN 1816-6873, no 178, 1-40 p.Article in journal (Other academic) Published
Abstract [en]

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.

Place, publisher, year, edition, pages
OECD , 2015. no 178, 1-40 p.
Keyword [en]
Trade in services, services trade restrictions, regulatory spillovers
National Category
Economics
Identifiers
URN: urn:nbn:se:oru:diva-62677DOI: 10.1787/5js6ds9b6kjb-enOAI: oai:DiVA.org:oru-62677DiVA: diva2:1158191
Available from: 2017-11-17 Created: 2017-11-17 Last updated: 2017-11-21Bibliographically approved

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Nordås, Hildegunn Kyvik

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