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Austria's Potential for Trade in Services

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Author Info
V. Brandicourt
C. Schwellnus
Julia Woerz (wiiw)

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Abstract

We estimate the potential for trade in services in a 2-step approach using a gravity model for a sample of bilateral service trade flows in individual service categories between 65 countries over the period 2000 to 2005. In particular, we focus on the Austrian economy's potential for untapped trade in services which appears to be substantial. While Austria's travel services are reaching their potential, there is still ample room for exports of commercial services. Our analysis further points to the fact that this lack of exploiting the potential arises less from legal and institutional features as measured by OECD regulation indicators, but rather from other structural features of the Austrian economy.

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File URL: http://www.fiw.ac.at/fileadmin/Documents/Publikationen/fiwstudie2.pdf
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Paper provided by FIW in its series FIW Research Reports series I with number I-002.

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Length: 35
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Handle: RePEc:wsr:ecbook:2008:i:i-002

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Related research
Keywords: export of services; trade in services; commercial services; gravity modelling; regulation;

Find related papers by JEL classification:
F14 - International Economics - - Trade - - - Country and Industry Studies of Trade

References listed on IDEAS
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  1. James E. Anderson & Eric van Wincoop, 2003. "Gravity with Gravitas: A Solution to the Border Puzzle," American Economic Review, American Economic Association, vol. 93(1), pages 170-192, March. [Downloadable!]
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This page was last updated on 2009-12-15.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.