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The role of urbanization in the international trade of services
Author(s) -
Surec Yenal,
Katircioğlu Salih
Publication year - 2020
Publication title -
managerial and decision economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.288
H-Index - 51
eISSN - 1099-1468
pISSN - 0143-6570
DOI - 10.1002/mde.3149
Subject(s) - nexus (standard) , urbanization , economics , panel data , population , generalized method of moments , international economics , international trade , business , economic geography , econometrics , economic growth , demography , sociology , computer science , embedded system
The article examines the effects of urbanization on the international trade of services, mainly exports and imports. A supply‐side growth model is used to analyze this nexus. Panel data are constructed consisting of 64 countries for a period between 1980 and 2017. The system generalized method of moments approach is used to forecast the role of urban development on exports and imports of services. Results show that urban development generally has significant and positive effects both in exports and in imports of services, whereas in some income and population groups, the signs of coefficients are negatively significant.