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GTAP Resources: Resource Display

GTAP Resource #2488

"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.


Resource Details (Export Citation) GTAP Keywords
Category: 2007 Conference Paper
Status: Published
By/In: Presented at the 10th Annual Conference on Global Economic Analysis, Purdue University, USA
Date: 2007
Version:
Created: Francois, J. (6/3/2007)
Updated: Batta, G. (6/3/2007)
Visits: 2,221
No keywords have been specified.


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