Format:
1 Online-Ressource (circa 47 Seiten)
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Series Statement:
Policy research working paper 8475
Content:
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
Additional Edition:
Erscheint auch als Druck-Ausgabe Lee, Woori Services Liberalization and GVC Participation: New Evidence for Heterogeneous Effects by Income Level and Provisions Washington, D.C : The World Bank, 2018
Language:
English
Keywords:
Graue Literatur
DOI:
10.1596/1813-9450-8475
URL:
Volltext
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