The Influence of Services Trade Liberalization on Service Flows and Industry Productivity in CIS Countries and Russia
Economic Education and Research Consortium Working Paper No. E12/05E
34 Pages Posted: 23 Jul 2012
Date Written: July 23, 2012
This paper estimates the influence of the service sector's liberalization on service flows in transition economies and on productivity of the Russian industry that uses these services as intermediate consumption. Empirical analysis of the international statistics shows that service trade between CIS and OECD countries is strongly underestimated and could grow 2.5-3 fold due to liberalization.
Keywords: import volumes, services, trade liberalization, gravity model, panel data, labor productivity
JEL Classification: C23, F12, F14, O14
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