Publication:
Services Trade and Policy

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dc.contributor.authorFrancois, Joseph
dc.contributor.authorHoekman, Bernard
dc.date.accessioned2012-03-30T07:34:20Z
dc.date.available2012-03-30T07:34:20Z
dc.date.issued2010
dc.description.abstractA substantial body of research has taken shape on trade in services since the mid-1980s. Much of this is inspired by the WTO and regional trade agreements. However, an increasing number of papers focus on the impacts of unilateral services sector liberalization. The literature touches on important linkages between trade and FDI in services and the general pattern of productivity growth and economic development. This paper surveys the literature on services trade, focusing on contributions that investigate the determinants of international trade and investment in services, the potential gains from greater trade, and efforts to cooperate to achieve such liberalization through trade agreements. There is increasing evidence that services liberalization is a major potential source of gains in economic performance, including productivity in manufacturing and the coordination of activities both between and within firms. The performance of service sectors, and thus services policies, may also be an important determinant of trade volumes, the distributional effects of trade, and overall patterns of economic growth and development. At the same time, services trade is also a source of increasing political unease about the impacts of globalization on labor markets, linked to worries about offshoring and the potential pressure this places on wages in high income countries.en
dc.identifier.citationJournal of Economic Literature
dc.identifier.issn00220515
dc.identifier.urihttps://hdl.handle.net/10986/5745
dc.language.isoEN
dc.relation.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights.holderWorld Bank
dc.subjectTrade Policy
dc.subjectInternational Trade Organizations F130
dc.subjectCountry and Industry Studies of Trade F140
dc.subjectMultinational Firms
dc.subjectInternational Business F230
dc.subjectIndustry Studies: Services: General L800
dc.subjectIndustry Studies: Transportation and Utilities: General L900
dc.subjectInternational Linkages to Development
dc.subjectRole of International Organizations O190
dc.titleServices Trade and Policyen
dc.title.alternativeJournal of Economic Literatureen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.doctypeJournal Article
okr.externalcontentExternal Content
okr.identifier.externaldocumentum741
okr.journal.nbpages642-692
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.relation.associatedurlhttp://dx.doi.org/10.1257/jel.48.3.642
okr.relation.associatedurlhttp://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1125787&site=ehost-live
okr.relation.associatedurlhttp://www.aeaweb.org/jel/index.php
okr.volume48
relation.isAuthorOfPublication49a06ad1-63d4-5c3a-8b66-c6c3009e9cdf
relation.isAuthorOfPublication.latestForDiscovery49a06ad1-63d4-5c3a-8b66-c6c3009e9cdf
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