S-WoPEc
 
Scandinavian Working Papers in Economics
HomeAboutSeriesSubject/JEL codesAdvanced Search
School of Business, Örebro University Working Papers, School of Business, Örebro University

No 2017:3:
What drives trade in services? Lessons from the Nordics

Hildegunn Kyvik Nordås ()

Abstract: The contribution of this paper to the literature is to make an empirical assessment of the relative importance of non-actionable institutional and cultural factors and actionable policy measures for services market integration, using the Nordic countries as a case study. It finds that intra-Nordic trade in services is about 2.5 times larger than predicted from the gravity model. This may not be surprising since the Nordics are perceived as a cluster of similar countries, but a detailed analysis of the Nordics’ policy framework, trade agreements, institutional and cultural factors concludes that these cannot explain the intra-Nordic bias. An unexplained “Nordicness” factor of this magnitude indicates that integration of services markets may rely on deeper institutional and cultural factors that do not readily lend themselves to trade negotiations. Conversely, trade agreements may yield the largest benefits among countries that share common cultural and institutional features.

Keywords: Services trade; trade barriers; regulation; (follow links to similar papers)

JEL-Codes: F13; F14; (follow links to similar papers)

25 pages, April 11, 2017

Before downloading any of the electronic versions below you should read our statement on copyright.
Download GhostScript for viewing Postscript files and the Acrobat Reader for viewing and printing pdf files.

Downloadable files:

wp-3-2017.pdf    PDF-file
Download Statistics

Questions (including download problems) about the papers in this series should be directed to Forskningsadministratör ()
Report other problems with accessing this service to Sune Karlsson () or Helena Lundin ().

Programing by
Design by Joakim Ekebom

Handle: RePEc:hhs:oruesi:2017_003 This page was generated on 2017-04-18 21:40:04