Liberalizing Trade in Services : A Survey

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.

Bibliographic Details

Main Author:	Hoekman, Bernard
Language:	English en_US
Published:	World Bank, Washington, DC 2006-10
Subjects:	ABSENCE OF COMPETITION, ABSOLUTE VALUE, ADVERSE EFFECTS, AGREEMENT ON TRADE, AGRICULTURE, AIR, AIR TRANSPORT, ALTERNATIVE MODES, ASYMMETRIC INFORMATION, BALANCE OF PAYMENTS, BARRIERS TO ENTRY, BILATERAL TARIFF, BILATERAL TRADE, BUSINESS PROCESS OUTSOURCING, BUSINESS SERVICES, CARRIERS, CARTEL, CHARACTERISTICS OF SERVICES, COMMERCIAL PRESENCE, COMMERCIAL SERVICES, COMMUNICATION COSTS, COMMUNICATION SERVICES, COMMUNICATION TECHNOLOGIES, COMPARATIVE ADVANTAGE, COMPETITION FRAMEWORK, COMPETITION LAW, COMPETITION LAW ENFORCEMENT, COMPETITIVENESS, COMPETITIVENESS OF FIRMS, CONGESTION, CONSUMER PROTECTION, CONSUMERS, CONSUMPTION ABROAD, CROSS BORDER TRADE, CROSS-BORDER SUPPLY, CROSS-BORDER TRADE, CROSSING, CUSTOMS CLEARANCE, DEVELOPMENT ASSISTANCE, DISTRIBUTION SERVICES, DOMESTIC COMPETITION, DOMESTIC CONSUMERS, DOMESTIC FIRMS, DOMESTIC PROVIDERS, DOMESTIC REGULATIONS, EFFECTIVE MARKET ACCESS, ELASTICITIES OF DEMAND, EXPORT MARKET, EXPORT PERFORMANCE, EXPORTERS, EXPORTS, FACTORS OF PRODUCTION, FATS, FINAL GOODS, FIXED COSTS, FOREIGN AFFILIATES, FOREIGN AFFILIATES TRADE IN SERVICES, FOREIGN COMPETITORS, FOREIGN ENTRY, FOREIGN EXCHANGE, FOREIGN FIRM, FOREIGN FIRMS, FOREIGN MARKET, FOREIGN MARKETS, FOREIGN PROVIDERS, FREE TRADE, GATS, GDP, GLOBAL TRADE, GLOBAL WELFARE, GOVERNMENT REGULATION, GRAVITY MODEL, IMPERFECT COMPETITION, IMPORT TARIFFS, IMPORTANCE OF SERVICES, IMPORTING COUNTRY, INCOME ELASTICITIES, INCREASING RETURNS, INCREASING RETURNS TO SCALE, INDUSTRY TRADE, INPUT-OUTPUT TABLES, INTERMEDIATE INPUTS, INTERNATIONAL TRADE, INTERNATIONAL TRADE IN SERVICES, INTERNATIONAL TRANSACTIONS, LIBERALIZATION, LIBERALIZATION OF TRADE, LIBERALIZATION OF TRADE IN GOODS, LIBERALIZING TRADE, LONG-DISTANCE, MARKET ACCESS, MARKET FAILURE, MARKET SHARE, MARKET SIZE, MARKET STRUCTURE, MFN, MODES OF SUPPLY, MONOPOLY, MOVEMENT OF NATURAL PERSONS, MULTILATERAL RULES, NASH EQUILIBRIUM, NATIONAL INCOME, NATIONAL TREATMENT, NATIONAL WELFARE, NETWORK EXTERNALITIES, OPEN ECONOMIES, OUTSOURCING, PATTERN OF TRADE, PATTERNS OF TRADE, PER CAPITA INCOMES, PERFECT COMPETITION, POLITICAL ECONOMY, POSITIVE EXTERNALITIES, PRODUCT DIFFERENTIATION, PRUDENTIAL SUPERVISION, RATES OF PROTECTION, REGIONAL INTEGRATION, REGIONAL INTEGRATION AGREEMENTS, REGIONAL TRADE, REGIONAL TRADE AGREEMENTS, REGULATORY REGIMES, SERVICE ACTIVITIES, SERVICE SECTOR, SERVICE SECTORS, SERVICE SUPPLIERS, SERVICE TRANSACTIONS, SERVICES, SERVICES ACTIVITIES, SERVICES CONTEXT, SERVICES INDUSTRIES, SERVICES INDUSTRY, SERVICES INPUTS, SERVICES LIBERALIZATION, SERVICES SECTOR, SERVICES TRADE, SERVICES TRANSACTIONS, SPECIALIZATION, TARIFF DATA, TARIFF PREFERENCES, TARIFF REDUCTION, TARIFF REDUCTIONS, TARIFF REVENUE, TAX, TELECOM SERVICES, TELECOMMUNICATIONS, TELECOMMUNICATIONS NETWORKS, TELECOMS, TERMS OF TRADE, TERMS OF TRADE EFFECTS, TOTAL FACTOR PRODUCTIVITY, TRADE BARRIERS, TRADE COSTS, TRADE FACILITATION, TRADE FLOWS, TRADE IN SERVICES, TRADE PATTERNS, TRADE POLICIES, TRADE POLICY, TRADE SERVICES, TRADE THEORY, TRADE VOLUMES, TRANSACTIONS COSTS, TRANSPORT, TRANSPORT COSTS, TRANSPORT SERVICES, TRANSPORTATION, TRUE, URUGUAY ROUND, VALUE OF IMPORTS, VARIABLE COSTS, WAGES, WELFARE GAINS, WELFARE IMPACTS, WORLD TRADE, WTO,
Online Access:	http://documents.worldbank.org/curated/en/2006/10/7114867/liberalizing-trade-services-survey https://hdl.handle.net/10986/9004
Tags:	Add Tag No Tags, Be the first to tag this record!