Effect of the accession to the world trade organization on commercial services exports
Sèna Kimm Gnangnon
Structural Change and Economic Dynamics, 2024, vol. 70, issue C, 106-127
Abstract:
The literature on the trade effects of the membership in the World Trade Organization (WTO) has essentially focused on trade in goods, including goods exports. The present analysis has investigated the effect of the WTO membership on commercial services exports for 25 Article XII Members (i.e., countries that joined the WTO under Article XII of the Marrakesh Agreement establishing the WTO) over the period from 2005 to 2019. Results, based on the two-stage probit least squares estimator have revealed that the WTO membership increased significantly commercial services exports, including both modern and traditional services exports in Article XII members, and promoted services export diversification. Using the two-step system generalized method of moments estimator, the analysis has shown heterogenous effects of the membership in the WTO on commercial services export performance among Article XII Members relatively to Non-Article XII WTO Members.
Keywords: WTO membership; Commercial services exports; Modern services exports; Traditional services exports; Services export diversification (search for similar items in EconPapers)
JEL-codes: F15 F53 O14 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:streco:v:70:y:2024:i:c:p:106-127
DOI: 10.1016/j.strueco.2024.01.008
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