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Services liberalization and GVC participation : new evidence for heterogeneous effects by income level and provisions / Woori Lee

Von: Resource type: Ressourcentyp: Buch (Online)Buch (Online)Sprache: Englisch Reihen: World Bank E-Library Archive | Policy research working paper ; 8475Verlag: Washington, D.C. : World Bank Group, Development Economics Vice Presidency, Strategy and Operations Team, April 2018Beschreibung: 1 Online-Ressource (circa 47 Seiten) : IllustrationenSchlagwörter: Genre/Form: Andere physische Formen: Erscheint auch als: Services Liberalization and GVC Participation: New Evidence for Heterogeneous Effects by Income Level and Provisions. Druck-Ausgabe Washington, D.C : The World Bank, 2018DOI: DOI: 10.1596/1813-9450-8475Online-Ressourcen: Zusammenfassung: Participation in global value chains is a key element in the industrialization strategies of many developing nations. This paper investigates the role of services liberalization in promoting participation in global value chains. Using the gravity framework, it examines the impact of services trade agreements on gross trade and global value chain trade (backward and forward participation) in goods. It finds that services trade agreements promote both, but especially global value chain trade, although the effects are heterogeneous: the impact is greater for developing nation exporters. Moreover, services agreements that allow the export of services without local presence (non-establishment rights) are particularly important in fostering participation in global value chainsPPN: PPN: 1027346162Package identifier: Produktsigel: ZDB-1-WBA | ZDB-110-WBO
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