Publication:
Russian Federation: How Services Contribute to Competitiveness

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dc.contributor.authorvan der Marel, Erik
dc.contributor.authorSaez, Sebastian
dc.date.accessioned2016-10-13T18:41:07Z
dc.date.available2016-10-13T18:41:07Z
dc.date.issued2016-09-19
dc.description.abstractGlobalization is creating many new trade and growth opportunities, with services trade increasingly becoming an issue for export-oriented economies. Services are important to country trade strategies, because they represent activities in which countries may have a comparative advantage, and they are drivers of competitiveness for the whole economy. This paper uses data from the World Development Indicators, two new databases (the Export in Value-Added database from the Global Trade Analysis Project, and Trade in Services data), and firm-level data. The paper employs a wide range of indicators to analyze the trade competitiveness of the services sector in the Russian Federation. Since service exports are less than would be expected considering Russia's level of development, the study finds that the contribution of services to export diversification could be heightened significantly. The scale of Russian business services exports is relatively low, although exports of traditional services, like transport and travel, are performing well. Despite the relatively minor importance of exports of modern services, the category of other business services has in recent years been growing fast, and business services have strengthened their revealed comparative advantages. Yet Russia still has much potential for expanding trade in modern services. There is also potential to diversify services exports to other markets, such as France, Germany, Japan, and elsewhere in Asia, which today seems underexploited. Finally, although exports of direct services are low, services such as transport, distribution, finance, and other business services are making major contributions to other exports, in particular energy.en
dc.identifierhttp://documents.worldbank.org/curated/en/2016/09/26796623/russian-federation-services-contribute-competitiveness
dc.identifier.doi10.1596/1813-9450-7827
dc.identifier.urihttps://hdl.handle.net/10986/25143
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7827
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectservices trade
dc.subjectexport competitiveness
dc.subjectcompetitiveness
dc.subjectglobalization
dc.subjectcomparative advantage
dc.subjecttrade in services
dc.subjectbusiness services
dc.subjecttravel
dc.subjecttransport
dc.titleRussian Federationen
dc.title.subtitleHow Services Contribute to Competitivenessen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleRussian Federation: How Services Contribute to Competitiveness
okr.date.disclosure2016-09-19
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2016/09/26796623/russian-federation-services-contribute-competitiveness
okr.guid914611474290671077
okr.identifier.doi10.1596/1813-9450-7827
okr.identifier.externaldocumentum090224b0845912a5_1_0
okr.identifier.internaldocumentum26796623
okr.identifier.reportWPS7827
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/09/19/090224b0845912a5/1_0/Rendered/PDF/Russian0Federa0e0to0competitiveness.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryRussian Federation
okr.topicInternational Economics and Trade::Export Competitiveness
okr.topicInternational Economics and Trade::Trade and Services
okr.topicInternational Economics and Trade::Trade and Transport
okr.topicPrivate Sector Development::Business Development Services
okr.topicPrivate Sector Development::Competitiveness and Competition Policy
okr.unitOff of Sr VP Dev Econ/Chief Econ (DECVP)
relation.isAuthorOfPublication815746be-09fe-5cdb-9f80-e941b35eee2e
relation.isAuthorOfPublication.latestForDiscovery815746be-09fe-5cdb-9f80-e941b35eee2e
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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