Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7351414 | European Economic Review | 2018 | 40 Pages |
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.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
James E. Anderson, Ingo Borchert, Aaditya Mattoo, Yoto V. Yotov,