Publication:
Services Trade and Global Value Chains

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dc.contributor.authorHeuser, Cecilia
dc.contributor.authorMattoo, Aaditya
dc.date.accessioned2017-07-18T22:58:30Z
dc.date.available2017-07-18T22:58:30Z
dc.date.issued2017-06
dc.description.abstractServices play a role in global value chains in many ways, similar to goods. But services deserve special attention because of how they are transacted, how they affect downstream sectors, how they are regulated, and how international cooperation can contribute to integrating national markets. Databases on trade in value added, which cover only cross-border transactions in services, reveal a high and growing share of services in trade in value added across countries and industries. Although international transactions in services that take place through foreign investment are difficult to measure, their economic impact can be estimated. The resulting improved access to financial, communications, and transport services facilitates the emergence of global value chains, enhances downstream manufacturing firms’ productivity, and shifts the pattern of comparative advantage toward sectors intensive in these services. Despite significant unilateral liberalization, service markets in many countries remain protected by restrictions on the entry of foreign services and service providers, as well as discretionary and discriminatory regulatory requirements. International cooperation in services has attempted to follow the example of reciprocal market opening for goods, but this approach has delivered little incremental liberalization. More could be achieved through greater emphasis on international regulatory cooperation.en
dc.identifierhttp://documents.worldbank.org/curated/en/627361498584454928/Services-trade-and-global-value-chains
dc.identifier.doi10.1596/1813-9450-8126
dc.identifier.urihttps://hdl.handle.net/10986/27629
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 8126
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectSERVICES TRADE
dc.subjectGLOBAL VALUE CHAIN
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectTRANSPORT SERVICES
dc.subjectREGULATORY COOPERATION
dc.subjectTRADE LIBERALIZATION
dc.titleServices Trade and Global Value Chainsen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleServices Trade and Global Value Chains
okr.date.disclosure2017-06-27
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/627361498584454928/Services-trade-and-global-value-chains
okr.guid627361498584454928
okr.identifier.doi10.1596/1813-9450-8126
okr.identifier.doihttps://doi.org/10.1596/1813-9450-8126
okr.identifier.externaldocumentum090224b084d3a28e_1_0
okr.identifier.internaldocumentum27678255
okr.identifier.reportWPS8126
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/627361498584454928/pdf/WPS8126.pdfen
okr.statistics.combined5296
okr.statistics.dr627361498584454928
okr.statistics.drstats3704
okr.topicInternational Economics and Trade::Foreign Direct Investment
okr.topicInternational Economics and Trade::International Trade and Trade Rules
okr.topicInternational Economics and Trade::Trade Liberalization
okr.topicInternational Economics and Trade::Trade and Regional Integration
okr.topicInternational Economics and Trade::Trade and Services
okr.unitTrade and International Integration Team, Development Research Group
relation.isAuthorOfPublication1e63409b-8428-4de9-8942-70e823b051f4
relation.isAuthorOfPublication.latestForDiscovery1e63409b-8428-4de9-8942-70e823b051f4
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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