Journal
SINGAPORE ECONOMIC REVIEW
Volume 66, Issue 4, Pages 1073-1086Publisher
WORLD SCIENTIFIC PUBL CO PTE LTD
DOI: 10.1142/S021759082049003X
Keywords
Information and communication technology; service trade
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This paper investigates the impacts of information and communication technology (ICT) on trade in services, finding that all four dimensions of ICT have significant impacts on the expansion of services trade, with mobile subscriptions being the most consistent dimension. The effects of ICT on exporting and importing countries are similar.
While trade in goods has been investigated extensively over decades, studies on trade in services are relatively new. In this paper, we investigate the impacts of information and communication technology (ICT) on trade in services. We measured ICT by four dimensions, including the subscriptions to broadband, fixed telephones, mobile phones and Internet. Our sample covered more than 200 countries from 2005 to 2015. We employed the modified gravity model and found that all four dimensions had significant impacts on the expansion trade in services, but mobile subscriptions are the most consistent dimensions. Finally, the effects of ICT in exporting and importing countries are similar.
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