{"title":"The Impact of Services FDI on Services Exports in NICs","authors":"Syed Hasanat Shah, Syed Ali Raza","doi":"10.1111/1759-3441.12333","DOIUrl":null,"url":null,"abstract":"<p>This paper investigates the impact of services FDI inflows on services exports in Newly Industrialised countries (NICs) by employing panel data techniques. FDI inflows in Services are a good tool to connect local services producers to the global value chain and boost services exports. The findings in the paper suggest that FDI inflows in services sector significantly contribute to services exports in NICs. Recently, many NICs countries wanted to strategically shift their reliance from manufacturing export to services export and our findings support this policy shift. Beside FDI inflows in services, increase in global demand for services and improvement of local infrastructure in NICs positively contribute to services exports in NICs.</p>","PeriodicalId":45208,"journal":{"name":"Economic Papers","volume":null,"pages":null},"PeriodicalIF":0.9000,"publicationDate":"2022-03-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economic Papers","FirstCategoryId":"1085","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/1759-3441.12333","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
This paper investigates the impact of services FDI inflows on services exports in Newly Industrialised countries (NICs) by employing panel data techniques. FDI inflows in Services are a good tool to connect local services producers to the global value chain and boost services exports. The findings in the paper suggest that FDI inflows in services sector significantly contribute to services exports in NICs. Recently, many NICs countries wanted to strategically shift their reliance from manufacturing export to services export and our findings support this policy shift. Beside FDI inflows in services, increase in global demand for services and improvement of local infrastructure in NICs positively contribute to services exports in NICs.
期刊介绍:
Economic Papers is one of two journals published by the Economics Society of Australia. The journal features a balance of high quality research in applied economics and economic policy analysis which distinguishes it from other Australian journals. The intended audience is the broad range of economists working in business, government and academic communities within Australia and internationally who are interested in economic issues related to Australia and the Asia-Pacific region. Contributions are sought from economists working in these areas and should be written to be accessible to a wide section of our readership. All contributions are refereed.