van der Marel, Erik
International Tradability Indices for Services van der Marel, Erik [electronic resource] / van der Marel, Erik - Washington, D.C., The World Bank, 2013 - 1 online resource (42 p.) - Policy research working papers. World Bank e-Library. .
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.
10.1596/1813-9450-6712
Developing Countries
Economic Theory & Research
Free Trade
ICT Policy and Strategies
Information and Communication Technologies
International Economics & Trade
Law and Development
Macroeconomics and Economic Growth
Services Trade
Trade & Services
Trade Law
Trade Policy
International Tradability Indices for Services van der Marel, Erik [electronic resource] / van der Marel, Erik - Washington, D.C., The World Bank, 2013 - 1 online resource (42 p.) - Policy research working papers. World Bank e-Library. .
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.
10.1596/1813-9450-6712
Developing Countries
Economic Theory & Research
Free Trade
ICT Policy and Strategies
Information and Communication Technologies
International Economics & Trade
Law and Development
Macroeconomics and Economic Growth
Services Trade
Trade & Services
Trade Law
Trade Policy