INTERNATIONAL TRADE IN SERVICES: STRUCTURAL DETERMINANTS OF BALANCE OF SERVICES

• Authors: Šíma Ondřej
• Languages of publication: EN

Abstracts

EN

The paper aims to highlight the importance of services as an integral component of international trade and, in particular, to identify structural determinants affecting their balance. The analysis is made using panel regression for 1980 – 2016 and includes all the world countries. The text is based on approaches of international trade theory concerning specific features associated with services. Significant factors affecting the balance of services include the presence of foreign direct investment, financial sector development level, geographic factors, human capital stock and interaction between the balance of services and balance of goods.

Keywords

EN

INTERNATIONAL TRADE; BALANCE OF SERVICES; SERVICES

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2022
• Volume: 70
• Issue: 2
• Pages: 188 – 208

Contributors

author

Šíma Ondřej

• Prague University of Economics and Business, Faculty of Finance and Accounting, nám. W. Churchilla 1938/4; 130 67 Praha 3 – Žižkov, Czech Republic

• https://orcid.org/0000-0002-3756-4470

Identifiers

DOI

https://doi.org/10.31577/ekoncas.2022.02.05