Service Exports: Are the Drivers Different for Developing Countries?

Goswami, Arti Grover; Mattoo, Aaditya; Sáez, Sebastián; Gupta, Poonam

doi:10.1596/9780821388167_ch02

Cited by 11 publications

(12 citation statements)

References 34 publications

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“…In the developing-country context, in contrast, the real exchange rate is likely to matter less, while political risk is more important, for competitiveness in service sectors like tourism. In contrast, Goswami, Gupta, Mattoo and Saez (2012) find few differences in the determinants of services exports when they attempt to estimate these separately for advanced and developing economies.…”

Section: Introductionmentioning

confidence: 92%

The Real Exchange Rate and Export Growth: Are Services Different?

Eichengreen

Gupta

2013

SSRN Journal

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We consider the determinants of exports of services, distinguishing between modern and traditional services. We consider both the growth of export volumes and so-called export surgesperiods of rapid sustained export growth. We ask whether the determinants of export growth rates and surges differ between merchandise, traditional services and modern services and whether developing countries are different. Our findings confirm the importance of the real exchange rate for export growth. We find that the effect of the real exchange rate is even stronger for exports of services than exports of goods; it is especially strong for exports of modern services. While the evidence of differential effects between advanced and developing countries is weaker, our results nonetheless suggest that as developing countries shift from exporting primarily commodities and merchandise to exporting traditional and modern services in the course of their development, appropriate policies toward the real exchange rate become even more important.

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Section: Introductionmentioning

confidence: 92%

The Real Exchange Rate and Export Growth: Are Services Different?

Eichengreen

Gupta

2013

SSRN Journal

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“…Goswami et al (2011) have recently surveyed the literature on the explanatory factors for service exports underlying the importance of electronic infrastructure, higher education and institutional environment. As can be noted, many of these factors are closely related to the creation of "real" knowledge-based economies (Melnikas 2008) and more generally to the transition from the efficiency-driven stage to the innovation-driven stage of development.…”

Section: Introductionmentioning

confidence: 99%

Trade in Services in the Baltic States: Evolution and Future Prospects

Rodríguez

Melikhova

Camacho

2017

Technological and Economic Development of Economy

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“…Goswami and others (2012) find that an ample supply of qualified human capital has a positive impact on service exports and that the return on investment in education is higher in developing countries. It is to be expected that the importance of human capital increases in step with the complexity of offshored economic activities (see Py and Hatem, 2009;Jensen and Pedersen, 2012).…”

Section: Latin America's Competitive Position In Knowledge-intensive mentioning

confidence: 88%

“…Case studies on determinants of fdi in services also reflect the predominance of the English language (Ceglowski, 2006;Walsh, 2006;Doh, Bunyaratavej and Hahn, 2008;Capik and Drahokoupil, 2011;Goswami and others, 2012;Kim, Yoon and Lee, 2012), while other studies have highlighted the importance of cultural proximity (Bunyaratavej, Hahn and Doh, 2007;Castellacci, 2010;Nefussi and Schwellnus, 2010). The data on the influence of geographical (and time zone) proximity are not as clear cut, since, for some activities, being in the same time zone is an important consideration, whereas, for others (in which, for example, 24-hour per day, 7 days r&d is also an influential factor in determining the competitiveness of service exports (Popescu and Tachiciu, 2006;Nyahoho, 2010;Seo, Lee and Kim, 2012), as is the availability of suitable ict infrastructure (Guerrieri and Meliciani, 2005;Doh, Bunyaratavej and Hahn, 2008;Ramasamy and Yeung, 2010;Walsh and Yu, 2010).…”

Section: Latin America's Competitive Position In Knowledge-intensive mentioning

confidence: 99%

Latin America’s competitive position in knowledge-intensive services trade

López¹,

Niembro²,

Ramos³

2014

CEPAL Review

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This study presents a dynamic analysis of Latin America's competitiveness in trade in knowledge-intensive services. The methodology used to undertake this analysis is based on the Tradecan approach developed by the Economic Commission for Latin America and the Caribbean (eclac), which provides a means of assessing different countries'competitiveness by looking at their exports to the fastest-growing markets. (In the past, it has usually been applied primarily to exports of goods.) The results suggest that, although some Latin American countries have made inroads in knowledge-intensive service segments and have comparative advantages in them, the percentage of "rising stars" (dynamic sectors in which a country or region is gaining in market share) is still low, while there is a high percentage of "missed opportunities" (dynamic sectors in which a country or region is losing market share). This points up the existence of areas in which the region's competitive position is weak and in which policies are needed to leverage its competitive advantages and remove the obstacles that are holding it back from establishing a more advantageous position in knowledge-intensive service markets.

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Service Exports: Are the Drivers Different for Developing Countries?

Cited by 11 publications

References 34 publications

The Real Exchange Rate and Export Growth: Are Services Different?

The Real Exchange Rate and Export Growth: Are Services Different?

Trade in Services in the Baltic States: Evolution and Future Prospects

Latin America’s competitive position in knowledge-intensive services trade

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