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Trade in services: East Asian and Latin American Experiences

Author

Listed:
  • Alicia García-Herrero
  • KC Fung
  • Nathalie Aminian
  • Francis Ng

Abstract

This paper investigates the trend and characteristics of trade in services in two fertile regions where different forms of trade integration have taken place: East Asia and Latin America. To that end, the World Bank data are utilized to categorize services trade in order to put on view the national and regional positions on dynamic sectors, and to compare East Asia and Latin America in terms of revealed comparative advantages, the weight of service activities in the regional economic activity, the share of services employment. The paper deals also with the issue of internationalization of services through FDI. Overall, it shows the increasing importance of East Asia as a trading region while the share of North & Latin America is low and declining over time.

Suggested Citation

  • Alicia García-Herrero & KC Fung & Nathalie Aminian & Francis Ng, 2012. "Trade in services: East Asian and Latin American Experiences," Working Papers 1204, BBVA Bank, Economic Research Department.
  • Handle: RePEc:bbv:wpaper:1204
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    File URL: http://www.bbvaresearch.com/wp-content/uploads/migrados/WP_1204_tcm348-312641.pdf
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    References listed on IDEAS

    as
    1. Nathalie Aminian & K. Fung & Francis Ng, 2009. "A comparative analysis of trade and economic integration in East Asia and Latin America," Economic Change and Restructuring, Springer, vol. 42(1), pages 105-137, May.
    2. K.C. Fung & Alan Siu, 2008. "Political Economy Of Service Trade Liberalization And The Doha Round," Pacific Economic Review, Wiley Blackwell, vol. 13(1), pages 124-133, February.
    3. K. C. Fung & Hitomi Iizaka & Chelsea Lin & Francis Ng, 2004. "Multilateral Trade Negotiations in the GATT and the WTO: Lessons for Asia," Asian Economic Papers, MIT Press, vol. 3(2), pages 79-96.
    4. Philippa Dee & Kevin Hanslow, 2002. "Multilateral liberalisation of services trade," International Trade 0207002, EconWPA.
    5. Damien Broussolle, 2006. "The New Approach To International Trade In Services In View Of Services Specificities: Economic And Regulation Issues," Working Papers of LaRGE Research Center 2006-05, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg.
    6. Banga Rashmi, 2005. "Trade in Services: A Review," Global Economy Journal, De Gruyter, vol. 5(2), pages 1-24, June.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. De La Fuente, Angel & Doménech, Rafael, 2013. "The financial impact of Spanish pension reform: A quick estimate," Journal of Pension Economics and Finance, Cambridge University Press, vol. 12(01), pages 111-137, January.
    2. Santiago Fernandez de Lis & Saifeddine Chaibi & Jose Felix Izquierdo & Felix Lores & Ana Rubio & Jaime Zurita, 2013. "Some international trends in the regulation of mortgage markets: Implications for Spain," Working Papers 1317, BBVA Bank, Economic Research Department.

    More about this item

    Keywords

    Latin America; foreign direct investment; East Asia; service trade;

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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