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1、外文翻译原文OpennessinServicesTradeandEconomicGrowthMaterialSource:EeonomiesLettersVolume92,IssueZ,2006,p.277一283Author:ElKhouryAntoineandSavvides.AndreaabstractThispaperexaminestherelationshipbetweenopennessinservicestradeandeconomicgrowth.Weestimateathresholdregressionmodeltotestwhetheropennessins
2、ervicestradehasadifferentimpactonlow-andhigh-incomecountries.Weconsideropennessinbothtelecommunicationandfinancialservices.Resultsconfirmtheexistenceofatwo-regimesplitwithlow-incomeeconomiesbenefitingfromgreateropennessintelecommunicationservicesandhigh-incomeeconomiesfromfinancialservicesopen
3、ness.KeyWords:Servicestrade,telecommunicationservices,financialservices,economicgrowth.OpennessinServicesTradeandEconomicGrowth1.IntroductionThecostsandbenefitsofopennesstointernationaltradeforeconomicgrowthhavebeenstudiedextensively.Diversemeasuresofopennesstotradehavebeenusedreferringmainlyt
4、otradeincommoditiesandinclude,interalia,theshareofexports/importsinGDP,measuresoftheprevalenceoftariffs/quotasincommoditytrade,orgeneralqualitativeindicatorsofopenness.Studies,onthewhole,demonstratethepositiveeffectsofinternationaltrade(e.g.Dollar,1992;FrankelandRomer,1999;andSachsandWarner,19
5、95)thoughdissentingviewshavebeenvoiced(e.g.RodríguezandRodrik(2001)).Todate,verylittlehasappearedonthegrowtheffectsofopennessinservicestrade.Thisshould,perhaps,notbesurprisinggiventhatservicesconstituteanewdimensioninregionalandmultilateraltradeagreements,especiallywithintheauspicesofrecentand
6、proposedWTOtraderounds.Theviewthatgreateropennessinservicestradeisassociatedwithhighergrowthseemstohavetakenholdamongstsomepolicymakersrecently.Empiricalevidenceonthisissue,however,hasbeenscant.ArecentarticleinTheEconomist(2004)emphasizesthefactthatawell-establishedinfrastructureisnecessaryino
7、rderforopennessinservicestradetohaveapositiveimpactongrowth.Thearticleisconcernedwhether“…ICTs[informationandcommunicationtechnologies]mighthavelessimpactonproductivityinpoorcountriesthaninrichcountries”and“…whetheracertainthresholdleve