Services Liberalization and GVC Participation : New Evidence for Heterogeneous Effects by Income Level and Provisions

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 f...

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Main Author:	Lee, Woori
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2018
Subjects:	SERVICES TRADE TRADE LIBERALIZATION GLOBAL VALUE CHAINS REGIONAL TRADE TRADE AGREEMENT GRAVITY EQUATION NON-ESTABLISHMENT RIGHTS SERVICES LIBERALIZATION
Online Access:	http://documents.worldbank.org/curated/en/232431528996706429/Services-liberalization-and-GVC-participation-new-evidence-for-heterogeneous-effects-by-income-level-and-provisions http://hdl.handle.net/10986/29904

id	okr-10986-29904
recordtype	oai_dc
spelling	okr-10986-299042021-06-08T14:42:46Z Services Liberalization and GVC Participation : New Evidence for Heterogeneous Effects by Income Level and Provisions Lee, Woori SERVICES TRADE TRADE LIBERALIZATION GLOBAL VALUE CHAINS REGIONAL TRADE TRADE AGREEMENT GRAVITY EQUATION NON-ESTABLISHMENT RIGHTS SERVICES LIBERALIZATION 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 chains. 2018-06-19T16:03:28Z 2018-06-19T16:03:28Z 2018-06 Working Paper http://documents.worldbank.org/curated/en/232431528996706429/Services-liberalization-and-GVC-participation-new-evidence-for-heterogeneous-effects-by-income-level-and-provisions http://hdl.handle.net/10986/29904 English Policy Research Working Paper;No. 8475 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	SERVICES TRADE TRADE LIBERALIZATION GLOBAL VALUE CHAINS REGIONAL TRADE TRADE AGREEMENT GRAVITY EQUATION NON-ESTABLISHMENT RIGHTS SERVICES LIBERALIZATION
spellingShingle	SERVICES TRADE TRADE LIBERALIZATION GLOBAL VALUE CHAINS REGIONAL TRADE TRADE AGREEMENT GRAVITY EQUATION NON-ESTABLISHMENT RIGHTS SERVICES LIBERALIZATION Lee, Woori Services Liberalization and GVC Participation : New Evidence for Heterogeneous Effects by Income Level and Provisions
relation	Policy Research Working Paper;No. 8475
description	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 chains.
format	Working Paper
author	Lee, Woori
author_facet	Lee, Woori
author_sort	Lee, Woori
title	Services Liberalization and GVC Participation : New Evidence for Heterogeneous Effects by Income Level and Provisions
title_short	Services Liberalization and GVC Participation : New Evidence for Heterogeneous Effects by Income Level and Provisions
title_full	Services Liberalization and GVC Participation : New Evidence for Heterogeneous Effects by Income Level and Provisions
title_fullStr	Services Liberalization and GVC Participation : New Evidence for Heterogeneous Effects by Income Level and Provisions
title_full_unstemmed	Services Liberalization and GVC Participation : New Evidence for Heterogeneous Effects by Income Level and Provisions
title_sort	services liberalization and gvc participation : new evidence for heterogeneous effects by income level and provisions
publisher	World Bank, Washington, DC
publishDate	2018
url	http://documents.worldbank.org/curated/en/232431528996706429/Services-liberalization-and-GVC-participation-new-evidence-for-heterogeneous-effects-by-income-level-and-provisions http://hdl.handle.net/10986/29904
_version_	1764470676102578176

Services Liberalization and GVC Participation : New Evidence for Heterogeneous Effects by Income Level and Provisions

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