Review of International Economics, 23(3), 575–605. 1) First of all, I am interested in comparing exports of Panama to certain pair countries (of Central America and some other). “An illustrated user guide to the world input output database: the case of global automotive production”, P., Dietzenbacher, E., Los, B., Stehrer, R. (2011), “Notes on cepiis distances measures: The geodist database”, Working papers, CEPII The latter is a serious shortcoming since omitted factors affecting bilateral trade costs often vary over time. Country dummies remove cross-section, but not time-series biases. “General equilibrium effects of trade liberalization in business services” The dummy for pair effects is equal to 1 for all observations of trade occurring between a given pair of countries, for all pairs. “Services trade restrictiveness index (STRI): Scoring and weighting methodology”, (177) G., Gonzales, F., Miroudot, S., Nordas, H. “Interdependent preferential trade agreement memberships: An empirical analysis”, Journal of International Economics, 76(2), 384–399
Trade flows from country i to country j in relation to world production/expenditure Y log_distĭummy for common official language colonyĭummy for same country (1 if country i and j have been the same country once) i_jĭummy variable equal to 1 for i != j log_stri_i_jĭummy variable equal to 1 if both countries had a trade agreement in 2014 iĮgger, P. The dummy variable used in this dataset is equal to one if one or more of those agreements were in force in 2014.Ī data frame containing three variables with 213 observations.
Based on all RTAs notified to the WTO, it distinguishes between free trade agreements, custom unions, economic integration agreements and partial scope agreements. Mario Larch's Regional Trade Agreements Database (Egger and Larch, 2008): This comprehensive database delivers dummy variables to indicate if a country was part in a bilateral or multilateral RTA between 19. Zero represents an open market, one a market completely closed to foreign service providers. The index reflects the regulatory non-tariff barriers to market access for foreign service providers.
STRI - Service Trade Restrictiveness Index (OECD) (Grosso et al., 2015): The STRI is a measure for service trade restrictiveness that assigns a score between zero and one to each importing country. In addition to bilateral distance, the following dummy variables are added: contiguity, common official language, colony and same country GeoDist (CEPII) (Mayer and Zignago, 2011): GeoDist delivers a comprehensive set of gravity variables for pairs of countries. The subset of business services, where industries J62, J63, M and N are totalled, is then merged with the following datasets: Trade flows are aggregated at the country level: The value of a trade flow from an industry k in country i to country j is computed as the sum of the intermediate trade flows from k to all importing industries in j and the final consumption of the exported commodity in country j. The definition of business services corresponds to the NACE Rev. Description Usage Format Source References Examplesĭata on international trade in business services retrieved from the World Input-Output Database from 2014.