Aid for Trade and Trade in Services.
Existing research generally finds weak positive effects of aid for trade (AfT) on aggregate merchandise trade of recipients once endogeneity in the AfT-trade relationship is accounted for. In this paper, we confirm weak findings for both aggregate merchandise and services trade of recipients, using...
| Published in: | Journal of Development Studies Vol. 57; no. 10; pp. 1723 - 1739 |
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| Main Authors: | , |
| Format: | Article |
| Published: |
Taylor & Francis Ltd
Oct2021
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=152374603&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 152374603 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00220388 JDS jtl: Journal of Development Studies issn: 00220388 maglogo: N pubinfo: dt: Oct2021 vid: 57 iid: 10 pid: 377 pub: Taylor & Francis Ltd artinfo: ui: 152374603 10.1080/00220388.2021.1873287 ppf: 1723 ppct: 16 formats: fmt: – @attributes: type: T db: hlh ui: 152374603 – @attributes: type: P db: hlh ui: 152374603 tig: atl: Aid for Trade and Trade in Services. aug: au: Hoekman, Bernard Shingal, Anirudh affil: EUI, Florence, Italy and CEPR, London, UK SPJIMR, Mumbai, India and EUI, Florence, Italy su: Trade regulation Infrastructure (Economics) Service industries Repair & maintenance services Commercial policy Endogeneity (Econometrics) sug: subj: Trade regulation Infrastructure (Economics) Service industries Administration of General Economic Programs Service Establishment Equipment and Supplies Merchant Wholesalers Repair & maintenance services Commercial policy Endogeneity (Econometrics) ab: Existing research generally finds weak positive effects of aid for trade (AfT) on aggregate merchandise trade of recipients once endogeneity in the AfT-trade relationship is accounted for. In this paper, we confirm weak findings for both aggregate merchandise and services trade of recipients, using GMM and IV estimations. Moreover, estimates lose statistical significance if non-AfT explanatory variables are treated as endogenous in estimation suggesting identification issues may not have been adequately addressed in extant work. We then examine an alternative proposition: that effects of AfT and different categories of AfT may be observed along the conditional distributions of exports and imports. Our findings confirm this hypothesis. AfT allocated to economic infrastructure, productive capacity building in services and trade policies and regulation is more effective for smaller trading economies, especially in services. We also observe considerable heterogeneity in the trade effects of AfT allocated to individual services sectors, indicating the importance of country-specific diagnostics in targeting AfT allocation. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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