When we proxy trade finance by the sum of trade finance loans and export-adjusted notes receivable, elasticity estimates range between 0.18-0.31 depending on the sample of exporters. These estimates are comparable to single and multi-instrument…
This paper explores the characteristics and trends of services trade from the perspective of domestic value added (DVA) and examines the impact of digital trade rules on it using bilateral sector‐level panel data among 64 economies from 1996 to 2018…