Service Export Sophistication and Economic Growth

By Saurabh Mishra, Susanna Lundstrom, R. Anand. 2011

121 citations recorded by the source corpus.

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.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/c8aca2b63ec0f292f7e1a80f9f13934bb30187b5

How researchers see this paper

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In Economics and Econometrics

1. Nicola Spatafora
2. R. Anand
3. Saurabh Mishra
4. Lutz Kilian

Citations in the corpus

• Environmental degradation and inclusive human development in sub-Saharan Africa (2018, unknown): “…investment have been established by a broad stream of literature to positively impact on inclusive development partly because they create favourable conditions for unemployment reduction and social mobility (Mishra et al., 2011; Anand et al., 2012; Seneviratne & Sun, 2013; Mlachila et al., 2017).”
• Structural Transformation and the Sophistication of Production (2012, methodology): “Reflecting this, the paper uses a new measure of the sophistication of services, in addition to the sophistication of manufacturing and of goods overall, to analyze the transformation of global production (Mishra et al, 2011).2 The analysis yields three broad sets of conclusions.”