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Trade in Services and Human Development: A First Look at the Links

Author

Listed:
  • Shepherd, Ben

    (Asian Development Bank Institute)

  • Pasadilla, Gloria

    (Asian Development Bank Institute)

Abstract

Some services directly produce outputs that are important for human development, such as basic human services. Many other services are important inputs into the production and distribution of goods that are necessary for human development purposes. A more efficient services sector should mean that such goods and services can be made available to poor people more cost effectively and more broadly. In line with this reasoning, we find in the data that less restrictive services trade policies are associated with better human development outcomes across a range of sectors. Appropriate services trade liberalization can therefore promote human development directly through improved outcomes, in addition to indirectly effects through the income channel.

Suggested Citation

  • 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.
    • Handle: RePEc:ris:adbiwp:0268
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    References listed on IDEAS

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    1. Christian Bjørnskov & Axel Dreher & Justina Fischer, 2008. "Cross-country determinants of life satisfaction: exploring different determinants across groups in society," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 30(1), pages 119-173, January.
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    Cited by:

    1. Shepherd, Ben & Pasadilla, Gloria, 2012. "Services as a New Engine of Growth for ASEAN, the People’s Republic of China, and India," ADBI Working Papers 349, Asian Development Bank Institute.
    2. Daly, Saida & Garroud, Chadia, 2020. "The effects of Entrepreneurship and Sectoral Outputs on three Dimensions of Sustainable Development: A Literature Review and an Empirical Assessment for Developed Countries," MPRA Paper 104945, University Library of Munich, Germany, revised 16 Oct 2020.
    3. Helble, Matthias & Shepherd, Benjamin, 2017. "Trade in Health Products: Reducing Trade Barriers for Better Health," ADBI Working Papers 643, Asian Development Bank Institute.
    4. Emilie Sophie Le Caous & Fenghueih Huarng, 2021. "Economic Complexity and Human Development: Moderated by Logistics and International Migration," Sustainability, MDPI, vol. 13(4), pages 1-23, February.

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    More about this item

    Keywords

    trade in services; services sector regulation; human development; poverty reduction;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy

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