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Service export sophistication and economic growth
Open accessAbstract
Can increasing sophistication in service exports lead to economic growth? Although services were historically produced primarily for domestic consumption, they are gradually becoming more productive, tradable and unbundled. The authors construct an index of"service exports sophistication"to document this phenomenon. Panel data estimations indicate a positive association between growth in per capita income and higher sophistication of service exports. The results also suggest that this phenomenon is growing in importance over time. Considering the limits of traditional industrialization in igniting global growth, the results provide an alternative channel.
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Cites
Is There a Case for Industrial Policy? A Critical Survey
Pack, H. (2006) · The World Bank Research Observer · doi:10.1093/wbro/lkl001 · Cited by 589
Rodrik, D. (2008) · doi:10.1596/28009 · Cited by 471
Cited by
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Asongu, S. A., & Le Roux, S. (2017) · Technological Forecasting and Social Change · doi:10.1016/j.techfore.2017.01.026 · Cited by 406
Rust, R. T. (2020) · International Journal of Research in Marketing · doi:10.1016/j.ijresmar.2019.08.002 · Cited by 381
The role of governance in mobile phones for inclusive human development in sub-Saharan Africa
Asongu, S. A., & Nwachukwu, J. C. (2016) · Technovation · doi:10.1016/j.technovation.2016.04.002 · Cited by 280
Metadata
- Authors
- Mishra, S., Lundstrom, S., & Anand, R.
- Publisher
- World Bank
- Published
- 2011-03-01
- OpenAlex
- W1660468564
- Cited by
- 161
- References
- 2
- Type
- report
- Language
- en
- Open access
- green
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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