Dark Costs, Missing Data : Shedding Some Light on Services Trade
A structural gravity model is used to estimate barriers to services trade across many sectors, countries, and time. Since the disaggregated output data needed to infer border barriers flexibly are often missing for services, this paper derives a no...
| Main Authors: | , , , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2015
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2015/10/25226393/dark-costs-missing-data-shedding-some-light-services-trade http://hdl.handle.net/10986/22887 |
| Summary: | A structural gravity model is used to
estimate barriers to services trade across many sectors,
countries, and time. Since the disaggregated output data
needed to infer border barriers flexibly are often missing
for services, this paper derives a novel methodology for
projecting output data. The empirical implementation sheds
light on the role of institutions, geography, size, and
digital infrastructure as determinants of border barriers.
The paper finds that border barriers have generally fallen
over time, but there are differences across sectors and
countries. Notably, border effects for the smallest
economies have remained stable, giving rise to a divergent
pattern across countries. |
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