GTAP Resources: Resource Display
GTAP Resource #2488 |
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"Does Gravity Apply to Intangibles? Trade and FDI in Services" by Francois, Joseph, Bernard Hoekman and Julia Wörz Abstract We work with a panel dataset on trade and FDI across a number of detailed service sectors for 178 countries, based on combined data from the OECD, IMF, EUROSTAT, and the BEA. To estimate degrees of service sector openness, we develop a two-stage estimator suitable for available balance-of-payments based services trade data, which lacks bilateral detail. The result is a set of comparable, detailed trade and FDI restriction indexes that spans time, sector, and country dimensions. For a smaller set of countries – the OECD -- we then examine the relationship of these indexes to regulatory indicators. Our estimates of service sector openness and related trade cost equivalents are invariant to domestic regulatory structure in the OECD. |
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Public Access 2007 Conference Paper (919.2 KB) Replicated: 0 time(s) Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM