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Applied services trade policy: A guide to the Services Trade Policy Database and the Services Trade Restrictions Index

Author

Listed:
  • Borchert, Ingo
  • Gootiiz, Batshur
  • Magdeleine, Joscelyn
  • Marchetti, Juan A.
  • Mattoo, Aaditya
  • Rubio, Ester
  • Shannon, Evgeniia

Abstract

Better information on how services policies vary across economies and sectors over time would improve the empirical analysis of their impact. This paper describes the Services Trade Policy Database (STPD), a joint initiative by the World Bank and the WTO Secretariat, which builds on a database developed by the World Bank nearly ten years ago and draws on a recent OECD database. The STPD offers comparable information on services trade policies for 68 economies in 23 subsectors across five broad areas - financial services, telecommunications, distribution, transportation and professional services, respectively. The STPD features several improvements. First, data are collected according to a newly developed policy classification, consistent with both the earlier World Bank database and the current OECD database, enabling for the first time a comparison of services policies over a significant period and across a large cross-section of industrial and developing economies. Second, the database contains information not just on core trade policies but also on other increasingly relevant aspects, such as licensing conditions and data restrictions. Third, policy restrictiveness is quantified following a more systematic approach that aggregates the information within a single consistent and transparent framework. Building on these innovations will make it possible to identify global patterns of services trade policies as well as secular trends in policymaking over the past decade.

Suggested Citation

  • Borchert, Ingo & Gootiiz, Batshur & Magdeleine, Joscelyn & Marchetti, Juan A. & Mattoo, Aaditya & Rubio, Ester & Shannon, Evgeniia, 2019. "Applied services trade policy: A guide to the Services Trade Policy Database and the Services Trade Restrictions Index," WTO Staff Working Papers ERSD-2019-14, World Trade Organization (WTO), Economic Research and Statistics Division.
  • Handle: RePEc:zbw:wtowps:ersd201914
    DOI: 10.30875/4901e21d-en
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    References listed on IDEAS

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    7. Ingo Borchert & Batshur Gootiiz & Arti Grover Goswami & Aaditya Mattoo, 2017. "Services Trade Protection and Economic Isolation," The World Economy, Wiley Blackwell, vol. 40(3), pages 632-652, March.
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    10. Ingo Borchert & Batshur Gootiiz & Aaditya Mattoo, 2014. "Policy Barriers to International Trade in Services: Evidence from a New Database," The World Bank Economic Review, World Bank, vol. 28(1), pages 162-188.
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    Cited by:

    1. Hoekman,Bernard M., 2020. "Facilitating Trade in Services," Policy Research Working Paper Series 9228, The World Bank.
    2. Borchert, Ingo & Magdeleine, Joscelyn & Marchetti, Juan A. & Mattoo, Aaditya, 2020. "The evolution of services trade policy since the Great Recession," WTO Staff Working Papers ERSD-2020-02, World Trade Organization (WTO), Economic Research and Statistics Division.

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    More about this item

    Keywords

    services; trade policy; investment; STRI; trade restrictions; quantification;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • L80 - Industrial Organization - - Industry Studies: Services - - - General

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