International Tradability Indices for Services
This paper uses a theoretically grounded model of international trade to estimate the cross-border tradability of services. The resulting indices cover up to 99 countries and ten sectors. The results show that information and communications technol...
| Main Authors: | , |
|---|---|
| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/11/18554401/international-tradability-indices-services http://hdl.handle.net/10986/16901 |
| Summary: | This paper uses a theoretically grounded
model of international trade to estimate the cross-border
tradability of services. The resulting indices cover up to
99 countries and ten sectors. The results show that
information and communications technology capital and legal
institutions are particularly important determinants of a
country's ability to successfully export services. The
tradability indices are strongly correlated with outcome
indicators, such as trade shares of individual countries. In
addition, they are strongly correlated with important
inputs, including country productivity and size, factor
endowments, trade costs, and regulatory measures. In
particular, the results suggest that a more restrictive
regulatory environment significantly reduces the
international tradability of services. |
|---|