1、中文 3350 字, 2000 单词, 10500 英文字符 出处: Gomtsyan D. Exploring the boundaries of services tradeJ. Applied Economics Letters, 2016(17):1-4. Exploring the boundaries of services trade David Gomtsyan ABSTRACT The level of international trade in services is relatively low. This can be the consequence of polic
2、y barriers and regulations or it may be due to the nature of products produced in the services sector. To understand the relative importance of both factors, this article uses data for Scottish bilateral services exports and imports to the UK to estimate theory-based trade costs for a wide range of
3、sectors for two economic regions that are almost perfectly integrated. The results of this analysis provide important insights for future trade policy by identifying those narrowly defined industries which are more tradable by nature and have the potential to expand internationally. KEYWORDS: Trade
4、policy; trade in services I. Introduction As the growth rate in international trade shows signs of deceleration, many economists are looking for new policies that can boost trade and further increase international integration. One area that may have a large growth potential is trade in services. The
5、 Transatlantic Trade and Investment Partnership between the European Union and the United States recognizes this and puts significant emphasis on the liberalization of services trade. The importance of trade in services is evident because in most advanced countries services account for the significa
6、nt share of GDP and as the structural change literature argues its share is increasing with the level of income. Despite this fact, international trade in goods still dominates services trade. Eliminating existing barriers is likely to have a positive effect on services trade but one has to admit that the low level of international trade in services may persist even in an ideal world without artificial barriers. Consequently, a central question to be answered is: ho