The Impact of Services FDI on Services Exports in NICs

IF 0.9 Q3 ECONOMICS Economic Papers Pub Date : 2022-03-09 DOI:10.1111/1759-3441.12333
Syed Hasanat Shah, Syed Ali Raza
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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.

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服务业FDI对新兴市场国家服务出口的影响
本文采用面板数据技术研究了服务业FDI流入对新兴工业化国家服务出口的影响。服务业的外国直接投资流入是将当地服务生产者与全球价值链联系起来并促进服务出口的好工具。本文的研究结果表明,服务业FDI流入对新兴国家服务出口的贡献显著。最近,许多新兴市场国家希望从战略上将其对制造业出口的依赖转向服务出口,我们的研究结果支持这一政策转变。除了服务业的外国直接投资流入外,全球服务需求的增加和新兴国家当地基础设施的改善对新兴国家的服务出口也有积极的贡献。
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来源期刊
Economic Papers
Economic Papers ECONOMICS-
CiteScore
2.30
自引率
0.00%
发文量
23
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.
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