This study examines two key challenges in services trade research: the reliability of trade data and the measurement of non-tariff barriers, particularly the Services Trade Restrictiveness Index (STRI). Using firm-level panel data from Türkiye with fixed effects, we show that international data...

This paper examines the determinants of service exports in emerging Asian economies, with particular emphasis on digital services, which have experienced considerable expansion across the region. Utilizing a structural gravity model, the findings indicate that supply-side factors predominantly...

Die Bedeutung des globalen Dienstleistungshandels hat in den letzten Jahren stark zugenommen. So erreichte der Dienstleistungsexport gemessen an den weltweiten Gesamtexporten im Jahr 2023 einen Anteil von über 27 Prozent, in der EU gar von rund 33 Prozent. Gegenüber 2010 ist das global gesehen...

Global value chains have recently changed structurally ("servicification")-that is, service sectors' involvement in global value chain processes has become more intensive. We quantify services trade restrictions' contribution to underdevelopment of global value chain servicification across Asian...

Most barriers to trade in services stem from regulatory measures. This study assesses the degree of regulatory restrictiveness affecting trade in services across Latin America and the Caribbean and the degree of disparities in these measures. It then analyzes the impact of both the level of...

We examine the extent to which financial sanctions imposed by Germany through its European Union and United Nations commitments cause collateral damage on Germany's trade in goods and services. Financial sanctions reduce Germany's inflows and outflows of financial assets, as well as imports and...

Although many firms operate on global digital platforms, small countries and firms also play an essential role at the national level, especially during crises and the slowdown in globalization. This research investigates trade patterns in digital services at the country and firm level and...

We examine the extent to which financial sanctions imposed by Germany through its European Union and United Nations commitments cause collateral damage on Germany's trade in goods and services. Financial sanctions reduce Germany's inflows and outflows of financial assets, as well as imports and...

This study examines two key challenges in services trade research: the reliability of trade data and the measurement of non-tariff barriers, particularly the Services Trade Restrictiveness Index (STRI). Using firm-level panel data from Türkiye with fixed effects, we show that international data...

A major step towards liberalizing the EU Internal Market for services was taken in 2006 with the EU Services Directive. This study quantifies its impact on EU trade in services and real income and identifies untapped potential due to remaining administrative barriers and weak enforcement of...

We investigate the relationship between manufacturing sector productivity and two new measures proxying for barriers to trade in services – restrictions affecting payment for cross-border imports of services and receipts for inward investment. Our services trade policy proxies span the...

A major step towards liberalizing the EU Internal Market for services was taken in 2006 with the EU Services Directive. This study quantifies its impact on EU trade in services and real income and identifies untapped potential due to remaining administrative barriers and weak enforcement of...

Countries seek to maximize economic growth while minimizing environmental damage. Protecting the environment is a natural constraint on economic growth. This paper shows that trade in services helps industries to not only grow but to also become "greener." Trade in services, therefore, has a...

Services account for 72% of GDP and three quarters of total employment in the EU. The performance of services in themselves is therefore a major determinant of EU economic performance, but services also matter for the competitiveness of all industries as many services are inputs into production....

This guide contains selected tables and graphs outlining the current state of and recent developments in the European Union's trade with the rest of the world. Global trade experienced a significant recovery in 2024, also boosted by a surge in exports to the US towards the end of the year. This...

This guide contains selected tables and graphs outlining the current state of and recent developments in the European Union's trade with the rest of the world. Global trade experienced a significant recovery in 2024, also boosted by a surge in exports to the US towards the end of the year. This...

Services account for 72% of GDP and three quarters of total employment in the EU. The performance of services in themselves is therefore a major determinant of EU economic performance, but services also matter for the competitiveness of all industries as many services are inputs into production....

This paper investigates the impact of services sector liberalization on product innovation of downstream manufacturing firms. Leveraging firm-product panel data from India and employing a shift-share research design, I find that services liberalization significantly increases firms’ product...

Trade in services is an important component of international trade and is becoming increasingly more important with growth rates exceeding the rates with which goods trade increases. This is also true in the bilateral U.S. - EU relationship: Trade in services, and especially trade in digitally...

A pesar de la importancia creciente del comercio de servicios en entornos digitales, su medición es incipiente y enfrenta limitaciones, especialmente en países en desarrollo. Este trabajo busca reducir esta brecha mediante la construcción de una nueva base de datos de más de 2.600 sitios en...

We study the effects of services trade reforms in a multi-country multi-sector quantitative trade model with input-output linkages. We find that (i) welfare gains from substantial services trade liberalization are large, around 3 percent on average; (ii) gains are larger by 0.7 percentage points...

The Combined International Trade and Investment Data (CITID) represents a new innovative and comprehensive data landscape that combines firm-level data focused on international trade and investment. The datasets are sourced from both the Deutsche Bundesbank and the Federal Statistical Office of...

Conventional wisdom suggests that when business regulation is excessive, deregulation should enhance efficiency. The liberalization of services markets in Croatia demonstrates that this is not necessarily the case, particularly when features of the reform process allow undue influence by those...

Conventional wisdom suggests that when business regulation is excessive, deregulation should enhance efficiency. The liberalization of services markets in Croatia demonstrates that this is not necessarily the case, particularly when features of the reform process allow undue influence by those...

We investigate the systematic complementarities between import and export activities of firms using a novel firm-level data set for Germany. Specifically, we examine whether firms that import more are also inclined to export more, decomposing this relationship into extensive country and product...

This paper examines the determinants of service exports in emerging Asian economies, with particular emphasis on digital services, which have experienced considerable expansion across the region. Utilizing a structural gravity model, the findings indicate that supply-side factors predominantly...

The economic environment for services trade has changed dramatically over the past 15 years, driven by rapid technological progress that has expanded the possibilities for exchanging services. How has trade policy responded to these changes? How do policy stances in a wide range of service...

The economic environment for services trade has changed dramatically over the past 15 years, driven by rapid technological progress that has expanded the possibilities for exchanging services. How has trade policy responded to these changes? How do policy stances in a wide range of service...

The ASEAN Economic Community (AEC) Blueprint 2025, aimed at fostering deeper regional integration, competitiveness, and economic resilience, has recently been adopted This paper provides an updated assessment of AEC and the Philippines' progress over the last five years, considering recent...