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Liberalizing trade in services : a survey

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  • Hoekman, Bernard

Abstract

Since the mid 1980s a substantial amount of research has been undertaken on trade in services. Much of this is inspired by the World Trade Organization or regional trade agreements, especially the European Union, but an increasing number of papers focus on the impacts of services sector liberalization. This paper surveys the literature, focusing on contributions that investigate the determinants of international trade and investment in services, the potential gains from greater trade (and liberalization), and efforts to cooperate to achieve such liberalization through trade agreements. It concludes that there is increasing evidence that services liberalization is an important source of potential welfare gains, but relatively little research has been done that can inform the design of international cooperation-both trade agreements and development assistance-so as to more effectively promote development objectives.

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Bibliographic Info

Paper provided by The World Bank in its series Policy Research Working Paper Series with number 4030.

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Date of creation: 01 Oct 2006
Date of revision:
Handle: RePEc:wbk:wbrwps:4030

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Related research

Keywords: Economic Theory&Research; Trade and Services; Free Trade; Transport Economics Policy&Planning; ICT Policy and Strategies;

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Cited by:
  1. Hoekman, Bernard & Mattoo, Aaditya & Sapir, André, 2007. "The Political Economy of Services Trade Liberalization: A Case for International Regulatory Cooperation?," CEPR Discussion Papers 6457, C.E.P.R. Discussion Papers.
  2. Joseph Francois & Julia Woerz, 2007. "Producer Services, Manufacturing Linkages, and Trade," Tinbergen Institute Discussion Papers 07-045/2, Tinbergen Institute.
  3. Antoine Gervais & J. Bradford Jensen, 2013. "The Tradability of Services: Geographic Concentration and Trade Costs," NBER Working Papers 19759, National Bureau of Economic Research, Inc.
  4. Aldaba, Rafaelita M., 2013. "Twenty Years after Philippine Trade Liberalization and Industrialization: What Has Happened and Where Do We Go from Here," Discussion Papers DP 2013-21, Philippine Institute for Development Studies.
  5. Rafaelita M. Aldaba & Gloria O. Pasadilla, 2010. "The ASEAN Services Sector and the Growth Rebalancing Model," Working Papers id:2922, eSocialSciences.
  6. Hoekman, Bernard & Mattoo, Aaditya, 2007. "Regulatory cooperation, aid for trade and the general agreement on trade in services," Policy Research Working Paper Series 4451, The World Bank.
  7. Brenton, Paul & Newfarmer, Richard & Walkenhorst, Peter, 2009. "Avenues for Export Diversification: Issues for Low-Income Countries," MPRA Paper 22758, University Library of Munich, Germany.
  8. Carmen Fillat-Castej—n & Joseph Francois & Julia Woerz, 2008. "TRADE THROUGH FDI: investing in services," IIDE Discussion Papers 20080502, Institue for International and Development Economics.
  9. Fernandes, Ana M. & Paunov, Caroline, 2012. "Foreign direct investment in services and manufacturing productivity: Evidence for Chile," Journal of Development Economics, Elsevier, vol. 97(2), pages 305-321.
  10. Krushna Mohan Pattanaik, 2010. "Challenges and Prospects in the Measurement of Trade in Services," Working Papers 241, Institute for Social and Economic Change, Bangalore.
  11. Hoekman, Bernard & Mattoo, Aaditya, 2008. "Services trade and growth," Policy Research Working Paper Series 4461, The World Bank.
  12. James R. Markusen & Bridget Strand, 2007. "Trade in Business Services in General Equilibrium," NBER Working Papers 12816, National Bureau of Economic Research, Inc.

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