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Research Paper | Economics | Pakistan | Volume 5 Issue 5, May 2016 | Popularity: 7 / 10

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Impact of Selected Countries Exports of Commercial Services on World Exports Commercial Services

Ashiq Hussain, Muhammad Ajmair

Abstract: Commercial services are becoming an increasingly important component of world trade. The past two decades have seen exciting changes with developing countries emerging as exporters of services. This paper is an attempt to investigate the impact of selected countries exports commercial services o n World commercial services exports. For this purpose I used the secondary data for 11 year from 2001 to 2011. The data was taken in millions, it was taken as it is according to WTO statistics. Multiple regression time series techniques were applied to estimate the relationship. In result developed countries united State, Netherlands, Italy and France are negatively influencing the world exports of commercial services. Because dependent variable has negatively sign (with its dependent variable coefficient C), so this relationship is negatively correlated to the independent variables united State, Netherlands, Italy and France. p value 0.0000 and highest R-square value 99.9 %.

Keywords: Commercial Services, Services Exports, World Trade, WTO, Multiple Regressions

Edition: Volume 5 Issue 5, May 2016

Pages: 1180 - 1187

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