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Services as a New Engine of Growth for ASEAN, the People’s Republic of China, and India

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  • Shepherd, Ben

    (Asian Development Bank Institute)

  • Pasadilla, Gloria

    (Asian Development Bank Institute)

Abstract

An increasing services orientation is likely to be a key feature of the economies of the Association of Southeast Asian Nations (ASEAN), the People’s Republic of China, and India (collectively referred to as “ACI”) over the medium-term. This paper aims to present a compendium of relevant data on the state of the services sector in the ACI countries, focusing on its contribution to overall economic activity, employment, and growth. To do this, it relies heavily on standard international sources, as well as national statistics in some cases. It also examines to the extent possible—given data restrictions—the services policy environment in the ACI countries, focusing on its implications for regional and international integration of services markets.

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File URL: http://www.adbi.org/files/2012.03.06.wp349.services.new.engine.growth.asean.prc.india.pdf
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Bibliographic Info

Paper provided by Asian Development Bank Institute in its series ADBI Working Papers with number 349.

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Length: 57 pages
Date of creation: 08 Mar 2012
Date of revision:
Handle: RePEc:ris:adbiwp:0349

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Related research

Keywords: services sector; services markets; economic development; emerging markets; middle income trap;

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References

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  1. Jens Matthias Arnold & Aaditya Mattoo & Gaia Narciso, 2008. "Services Inputs and Firm Productivity in Sub-Saharan Africa: Evidence from Firm-Level Data," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 17(4), pages 578-599, August.
  2. Claire HOLLWEG & Marn-Heong WONG, 2009. "Measuring Regulatory Restrictions in Logistics Services," Working Papers d017, Economic Research Institute for ASEAN and East Asia (ERIA).
  3. Borchert, Ingo & Mattoo, Aaditya, 2009. "The crisis-resilience of services trade," Policy Research Working Paper Series 4917, The World Bank.
  4. Kimura, Fukunari & Takahashi, Yuya & Hayakawa, Kazunobu, 2007. "Fragmentation and parts and components trade: Comparison between East Asia and Europe," The North American Journal of Economics and Finance, Elsevier, vol. 18(1), pages 23-40, February.
  5. Juan Blyde & Natalia Sinyavskaya, 2007. "The Impact of Liberalizing Trade in Services on Trade in Goods: An Empirical Investigation," Review of Development Economics, Wiley Blackwell, vol. 11(3), pages 566-583, 08.
  6. Barry Eichengreen & Poonam Gupta, 2011. "The Service Sector as India's Road to Economic Growth," NBER Working Papers 16757, National Bureau of Economic Research, Inc.
  7. Shepherd, Ben & Pasadilla, Gloria, 2011. "Trade in Services and Human Development: A First Look at the Links," ADBI Working Papers 268, Asian Development Bank Institute.
  8. Kimura Fukunari & Ando Mitsuyo, 2005. "The Economic Analysis of International Production/Distribution Networks in East Asia and Latin America: The Implication of Regional Trade Arrangements," Business and Politics, De Gruyter, vol. 7(1), pages 1-38, April.
  9. Mishra, Saurabh & Lundstrom, Susanna & Anand, Rahul, 2011. "Service export sophistication and economic growth," Policy Research Working Paper Series 5606, The World Bank.
  10. Harald Grethe, 2006. "Agricultural Trade Reform and the Doha Development Agenda," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 33(4), pages 591-595, December.
  11. Arunanondchai, Jutamas & Fink, Carsten, 2007. "Trade in health services in the ASEAN region," Policy Research Working Paper Series 4147, The World Bank.
  12. Joseph Francois & Hans van Meijl & Frank van Tongeren, 2005. "Trade liberalization in the Doha Development Round," Economic Policy, CEPR & CES & MSH, vol. 20(42), pages 349-391, 04.
  13. Arnold, Jens Matthias & Javorcik, Beata Smarzynska, 2005. "Gifted kids or pushy parents? Foreign acquisitions and plant performance in Indonesia," Policy Research Working Paper Series 3597, The World Bank.
  14. Carsten Fink & Mart�n Molinuevo, 2008. "East Asian Free Trade Agreements in Services: Key Architectural Elements," Journal of International Economic Law, Oxford University Press, vol. 11(2), pages 263-311, June.
  15. Will Martin & Kym Anderson, 2006. "Agricultural Trade Reform and the Doha Development Agenda," World Bank Publications, The World Bank, number 6889, October.
  16. Nora Dihel & Ben Shepherd, 2007. "Modal Estimates of Services Barriers," OECD Trade Policy Papers 51, OECD Publishing.
  17. Miroudot, Sébastien & Sauvage, Jehan & Shepherd, Ben, 2010. "Measuring the Cost of International Trade in Services," MPRA Paper 27655, University Library of Munich, Germany.
  18. Alexander HIJZEN & INUI Tomohiko & TODO Yasuyuki, 2007. "The Effects of Multinational Production on Domestic Performance: Evidence from Japanese Firms," Discussion papers 07006, Research Institute of Economy, Trade and Industry (RIETI).
  19. Arnold, Jens Matthias & Javorcik, Beata & Lipscomb, Molly & Mattoo, Aaditya, 2012. "Services reform and manufacturing performance : evidence from India," Policy Research Working Paper Series 5948, The World Bank.
  20. Shepherd , Ben & Wilson, John S., 2008. "Trade facilitation in ASEAN member countries : measuring progress and assessing priorities," Policy Research Working Paper Series 4615, The World Bank.
  21. Mitsuyo Ando & Fukinari Kimura, 2003. "The Formation of International Production and Distribution Networks in East Asia," NBER Working Papers 10167, National Bureau of Economic Research, Inc.
  22. Takatoshi Ito & Andrew K. Rose, 2005. "International Trade in East Asia, NBER-East Asia Seminar on Economics, Volume 14," NBER Books, National Bureau of Economic Research, Inc, number ito_05-1.
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Citations

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Cited by:
  1. Yoshifumi Fukunaga & Hikari ISHIDO, 2013. "Assessing the Progress of Services Liberalization in the ASEAN-China Free Trade Area (ACFTA)," Working Papers DP-2013-07, Economic Research Institute for ASEAN and East Asia (ERIA).
  2. Sauvé, Pierre & Shingal, Anirudh, 2014. "Why do Countries enter into Preferential Agreements on Trade in Services? Assessing the Potential for Negotiated Regulatory Convergence in Asian Services Markets," Working Papers on Regional Economic Integration 129, Asian Development Bank.

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