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2022 | 8 | nr 3 | 69--80
Tytuł artykułu

The Impact of Information and Communication Technology on Services Exports : Evidence from Developed and Developing Economies

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Objective: The objective of the article is to examine direct and indirect channels through which information and communication technology affects exports of services.
Research Design & Methods: In this study a linear fixed effects panel regression model with country-specific fixed effects and with Driscoll and Kraay standard errors is fit to the data over the period 2000-2019. The samples cover the data sets for 80 countries, and separately for 44 high-income and 36 low and middle-income economies.
Findings: The findings show that the access to traditional and broadband digital connectivity has a positive impact on services exports, revealing a slightly stronger influence of the latter for the advanced economies. Additionally, exports and imports of the ICT goods appear to be complementary to services exports.
Implications & Recommendations: The detected dependencies indicate that in a digital era, connectivity infrastructure, as well as international flows of the ICT goods bring about significant effects for services exports. Both findings raise important implications for export-led growth policy that should account for new interdependencies between goods and services, and for further investments in digital infrastructure.
Contribution & Value Added: This study contributes to the relevant literature by extending the traditional factor-endowment approach used to explain the impact of information and communication technology on the exports of services. Besides specifying the exports of services as a function of internet market penetration, both a traditional and a broadband one, we consider the exports and the imports of ICT goods as the potential determinants of services exports. (original abstract)
Rocznik
Tom
8
Numer
Strony
69--80
Opis fizyczny
Twórcy
  • Cracow University of Economics, Poland
  • Cracow University of Economics, Poland
  • Cracow University of Economics, Poland
autor
  • Cracow University of Economics, Poland
Bibliografia
  • Bombińska, E. (2019). International trade in services: Some evidence on the influence of international servicification of manufacturing. International Entrepreneurship Review, 5(2), 107-117. https://doi.org/10.15678/IER.2019.0502.07
  • Driscoll, J. C., & Kraay, A. C. (1998). Consistent covariance matrix estimation with spatially dependent panel data. Review of Economics and Statistics, 80(4). https://doi.org/10.1162/003465398557825
  • Eichengreen, B., & Gupta, P. (2013). The Real Exchange Rate and Export Growth: Are Services Different? SSRN Electronic Journal. https://doi.org/10.2139/ssrn.2579533.
  • Evenett, S. J., & Fritz, J. (2021). Mapping policies affecting digital trade, University of St. Gallen Endowment for Prosperity through Trade and CEPR. https://www.rsis.edu.sg/wp-content/uploads/2021/06/Evenett-Fritz-Mapping-Digital-Trade-rev-27-March-2021.pdf
  • Gupta, S., Ghosh, P., & Sridhar, V. (2022). Impact of data trade restrictions on IT service exports: A cross-country analysis. Telecommunications Policy, 46(22). https://doi.org/10.1016/j.telpol.2022.102403
  • Kordalska, A., & Olczyk, M. (2021). Linkages between services and manufacturing as a new channel for GVC development: Evidence from CEE countries. Structural Change and Economic Dynamics, 58. https://doi.org/10.1016/j.strueco.2021.05.003
  • López-González, J., & Frencz, J. (2018). Digital Trade and Market Openness. OECD Trade Policy Papers, 217.
  • Mayer, J. (2018). Digitalization and industrialization: Friends or foes. UNCTAD Research Paper, 25.
  • Miroudot, S., & Cadestin, C. (2017). Services in Global Value Chains: Trade patterns and gains from specialisation. OECD Trade Policy Papers, No. 208, December 2017.
  • Nasir, S., & Kalirajan, K. (2016). Information and communication technology-enabled modern services export performances of Asian economies. Asian Development Review, 33(1). https://doi.org/10.1162/ADEV_a_00059
  • Nath, H. K., & Liu, L. (2017). Information and communications technology (ICT) and services trade. Information Economics and Policy, 41. https://doi.org/10.1016/j.infoecopol.2017.06.003
  • Sahoo, P., & Dash, R. K. (2014). India's surge in modern services exports: Empirics for policy. Journal of Policy Modeling, 36(6). https://doi.org/10.1016/j.jpolmod.2014.10.006
  • World Bank (2022). World Development Indicators. Retrieved from https://datatopics.worldbank.org/world-development-indicators/
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171657990

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