Strengthening resilience through trade: Development of service trade and enhancing export resilience

Zeyu Li and Yanyan Jiang

Finance Research Letters, 2025, vol. 78, issue C

Abstract: As a vital component of economic globalization, service trade plays a pivotal role in enhancing a nation's risk management capacity. This study explores how the development of service trade contributes to strengthening export resilience. The findings demonstrate that the advancement of service trade significantly bolsters export resilience by promoting high-quality economic development. Furthermore, technological innovation amplifies the positive role of service trade in improving export resilience. The study also uncovers regional disparities in the influence of service trade on export resilience. Specifically, the positive effect of service trade development on export resilience is more pronounced in regions with a well-developed service sector and lower levels of population aging.

Keywords: Service trade development; Technological innovation; High-quality economic development; Export resilience (search for similar items in EconPapers)
JEL-codes: F14 F15 O32 O47 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:78:y:2025:i:c:s1544612325004039

DOI: 10.1016/j.frl.2025.107140

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