US Exports of Knowledge-intensive Services and Importing-country Characteristics

This paper studies the determinants of US exports of knowledge-intensive services. Using US export data to as many as 29 countries between 1989 and 2002, I find the following. First, gross product and per capita income have heterogeneous effects on affiliated and non-affiliated exports of knowledge-intensive services. Secondly, property rights protection matters. Thirdly, infrastructure quality and political institutions only matter in the transfer of knowledge assets. Finally, financial depth is only correlated with the export of services to non-affiliates. Copyright © 2007 The Author; Journal compilation © 2007 Blackwell Publishing Ltd.