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The Impact of Mode 4 Liberalization on Bilateral Trade Flows / World Trade Organization.
- Format:
- Book
- Government document
- Author/Creator:
- World Trade Organization.
- Series:
- WTO Working Papers, 25189808 ; no.2005/06.
- WTO Working Papers, 25189808 ; no.2005/06
- Language:
- English
- Subjects (All):
- Economic research and trade policy analysis.
- Services.
- Local Subjects:
- Economic research and trade policy analysis.
- Services.
- Physical Description:
- 1 online resource (20 pages).
- Place of Publication:
- Geneva : World Trade Organization, 2005.
- System Details:
- text file
- Summary:
- This paper gives insights into the possible trade creating effects of service trade liberalization via Mode 4. In particular we expect that temporary movements of persons, like permanent movements, have the potential to reduce transaction costs for merchandise trade between home and host country. Exploiting data on H-1B beneficiaries from different origins in the United States and using a gravity model of trade, we find significantly positive effects of temporary movements of persons on bilateral merchandise trade. In addition to this, the paper provides insights into the determinants of temporary movements of persons.
- Access Restriction:
- Restricted for use by site license.
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