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Artificial Intelligence and international trade: Some preliminary implications

Author

Listed:
  • Janos Ferencz
  • Javier López González
  • Irene Oliván García

Abstract

Artificial intelligence (AI) has strong potential to spur innovation, help firms create new value from data, and reduce trade costs. Growing interest in the economic and societal impacts of AI has also prompted interest in the trade implications of this new technology. While AI technologies have the potential to fundamentally change trade and international business models, trade itself can also be an important mechanism through which countries and firms access the inputs needed to build AI systems, whether goods, services, people or data, and through which they can deploy AI solutions globally. This paper explores the interlinkages between AI technologies and international trade and outlines key trade policy considerations for policy makers seeking to harness the full potential of AI technologies.

Suggested Citation

  • Janos Ferencz & Javier López González & Irene Oliván García, 2022. "Artificial Intelligence and international trade: Some preliminary implications," OECD Trade Policy Papers 260, OECD Publishing.
    • Handle: RePEc:oec:traaab:260-en
    DOI: 10.1787/13212d3e-en
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    Cited by:

    1. Mehmet Nazif & Glenn P. Jenkins, 2023. "Estimation of Economic Welfare Gains from Trade Facilitation in the Andean Community," Sustainability, MDPI, vol. 15(7), pages 1-17, April.
    2. Wagner, Joachim, 2024. "Cloud computing and extensive margins of exports: Evidence for manufacturing firms from 27 EU countries," KCG Working Papers 34, Kiel Centre for Globalization (KCG).
    3. Joachim Wagner, 2024. "Cloud Computing and Extensive Margins of Exports - Evidence for Manufacturing Firms from 27 EU Countries," Working Paper Series in Economics 427, University of Lüneburg, Institute of Economics.
    4. Wagner, Joachim, 2023. "Big data analytics and exports: Evidence for manufacturing firms from 27 EU countries," KCG Working Papers 28, Kiel Centre for Globalization (KCG).
    5. Joachim Wagner, 2024. "Robots and Extensive Margins of Exports - Evidence for Manufacturing Firms from 27 EU Countries," Working Paper Series in Economics 426, University of Lüneburg, Institute of Economics.

    More about this item

    Keywords

    Data flows; Digital trade; Innovations; Regional Trade Agreements; Trade policy;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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