Arbeitspapier

Services policies and manufacturing exports

This paper uses a structural gravity model to show the effects of services policies on manufacturing exports. Whereas the previous literature has focused on indirect effects of policies - flowing through productivity effects in domestic services markets - we look at direct effects, namely the ability of domestic manufacturers to access services inputs on world markets at competitive prices. Our results show that discriminatory barriers to services trade have a significant negative effect on manufacturing exports. We use theory-consistent counterfactual simulations to show that the trade and real output effects of a 10% reduction in services trade restrictiveness are in fact much larger than those of a 10% reduction in tariffs. On a policy level, our results suggest that an additional argument for liberalizing services markets is that it in fact aids manufacturing sector development, due to the intimate links between the two.

Sprache
Englisch

Erschienen in
Series: ADBI Working Paper Series ; No. 908

Klassifikation
Wirtschaft
Trade Policy; International Trade Organizations
Empirical Studies of Trade
Development Planning and Policy: Trade Policy; Factor Movement; Foreign Exchange Policy
Thema
services
manufacturing
gravity model

Ereignis
Geistige Schöpfung
(wer)
Shepherd, Ben
Ereignis
Veröffentlichung
(wer)
Asian Development Bank Institute (ADBI)
(wo)
Tokyo
(wann)
2018

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Shepherd, Ben
  • Asian Development Bank Institute (ADBI)

Entstanden

  • 2018

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