Dark costs, missing data: Shedding some light on services trade
James Anderson,
Ingo Borchert,
Aaditya Mattoo and
Yoto Yotov
European Economic Review, 2018, vol. 105, issue C, 193-214
Abstract:
We develop a method to project missing sectoral services output and trade. For OECD countries, projected and observed output data match well. The basis is a structural gravity model to estimate barriers to services trade across sectors, countries and time. The model fits well and reveals key differences across service sectors. Border barriers fall over time but unevenly. Inferred border barriers are fitted to national geography, technology, income and endowments, and institutional determinants. The fitted model including fitted border barriers is used to project missing internal and bilateral trade flows, aggregating to projected output.
Keywords: Gravity; Services trade; Trade costs in services; Home bias; Border effects (search for similar items in EconPapers)
JEL-codes: F13 F14 F16 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (53)
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Related works:
Working Paper: Dark Costs, Missing Data: Shedding Some Light on Services Trade (2015) 
Working Paper: Dark Costs, Missing Data: Shedding Some Light on Services Trade (2015) 
Working Paper: Dark Costs, Missing Data: Shedding Some Light on Services Trade (2015) 
Working Paper: Dark costs, missing data: shedding some light on services trade (2015) 
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eecrev:v:105:y:2018:i:c:p:193-214
DOI: 10.1016/j.euroecorev.2018.03.015
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