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Determinantes del comercio de servicios financieros Potencial de exportaciones para los países sudamericanos

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  • Pedro E. Moncarz

    (Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidad Nacional de Córdoba (Argentina))

Abstract

International trade in services has shown an important dynamism increasing by almost five times in la last twenty years. Among the different types of services, financial services experienced growth rates above the average. Like it is the case with trade in goods, trade in services, and in particular financial services, are highly concentrated in developed economies, but showing a declining tendency. For the case of South America countries, service exports have increased substantially, but not enough to maintain they shares in world trade. Using the well-known and extensively used "gravity equation", we study the determinants of financial services exports, and estimate the export potential for ten South-American countries.

Suggested Citation

  • Pedro E. Moncarz, 2010. "Determinantes del comercio de servicios financieros Potencial de exportaciones para los países sudamericanos," Documentos de trabajo 2010019, Banco Central del Uruguay.
    • Handle: RePEc:bku:doctra:2010019
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    References listed on IDEAS

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    More about this item

    Keywords

    financial services exports; gravity equation; export potential;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F30 - International Economics - - International Finance - - - General

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