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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 flexibly infer border barriers are often missing for services, we derive a novel methodology for projecting output data. The empirical...
Persistent link: https://www.econbiz.de/10013015559
The current gloom and doom about goods trade has obscured the quiet resilience of services trade. Services account for over one fifth of global cross-border trade, and for some countries such as India and the United States close to a third of all exports. New data on cross-border trade from the...
Persistent link: https://www.econbiz.de/10012556218
Are changes in services markets provoking reform, restrictions, or inertia? To address this question, this paper draws on a new World Bank-World Trade Organization Services Trade Policy Database. The paper analyzes the services trade policies of 68 economies in 23 subsectors across five broad...
Persistent link: https://www.econbiz.de/10012832382
This paper describes the Services Trade Policy Database, a joint initiative by the World Bank and the World Trade Organization Secretariat, which builds on a database developed by the World Bank nearly 10 years ago and draws on a recent Organisation for Economic Co-operation and Development...
Persistent link: https://www.econbiz.de/10012832383
The costs of shipping containerized cargo on liner vessels play a pivotal role in determining a country's integration into international trade. We examine how policy governing the liner shipping sector affects maritime transport costs and seaborne trade flows. Using a novel data set of services...
Persistent link: https://www.econbiz.de/10012702662
Surprisingly little is known about policies that affect international trade in services. Previous analyses have focused on policy commitments made by countries in international agreements, but in many cases, these commitments do not reflect actual policy. This paper describes a new initiative to...
Persistent link: https://www.econbiz.de/10012702972
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...
Persistent link: https://www.econbiz.de/10012245619
Persistent link: https://www.econbiz.de/10012128359
Are changes in services markets provoking reform, restrictions, or inertia? To address this question, we draw upon a new World Bank-WTO Services Trade Policy Database (STPD) to analyse the services trade policies of 68 economies in 23 subsectors across five broad areas - financial services,...
Persistent link: https://www.econbiz.de/10012166196
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...
Persistent link: https://www.econbiz.de/10012936812