| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14181 |
| DP14181 Services Trade Policies and Economic Integration: New Evidence for Developing Countries | |
| Ben Shepherd | |
| 发表日期 | 2019-12-13 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | This paper provides the first quantitative evidence on the restrictiveness of services policies in 2016 for a sample of developing countries, based on recently released regulatory data collected by the World Bank and WTO. We use machine learning to recreate to a high degree of accuracy the OECD’s Services Trade Restrictiveness Index (STRI), which takes account of nonlinearities and dependencies across measures. We use the resulting estimates to extend the OECD STRI approach to 23 additional countries, producing what we term a Services Policy Index (SPI). Converting the SPI to ad valorem equivalent terms shows that services policies are typically much more restrictive than tariffs on imports of goods, in particular in professional services and telecommunications. Developing countries tend to have higher services trade restrictions, but less so than has been found in research using data for the late 2000s. We show that the SPI has strong explanatory power for bilateral trade in services at the sectoral level, as well as for aggregate goods and services trade. |
| 主题 | International Trade and Regional Economics |
| 关键词 | International trade Trade in services Machine learning Services policies Restrictiveness indicators |
| URL | https://cepr.org/publications/dp14181 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543085 |
| 推荐引用方式 GB/T 7714 | Ben Shepherd. DP14181 Services Trade Policies and Economic Integration: New Evidence for Developing Countries. 2019. |
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