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World Trade in Services : Evidence from A New Dataset / Prakash Loungani, Saurabh Mishra, Chris Papageorgiou, Ke Wang.

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Format:
Book
Government document
Author/Creator:
Loungani, Prakash.
Contributor:
Mishra, Saurabh.
Papageorgiou, Chris.
Wang, Ke.
Series:
IMF Working Papers; Working Paper ; No. 2017/077
IMF Working Papers
Language:
English
Subjects (All):
Service industries.
Free trade.
Physical Description:
1 online resource (43 pages) : illustrations (some color), tables.
Place of Publication:
Washington, D.C. : International Monetary Fund, 2017.
Summary:
Using a newly constructed dataset on trade in services for 192 countries from 1970 to 2014, this paper shows that services currently constitute one-fourth of world trade and an increasingly important component of global production. A detailed analysis of patterns and stylized facts reveals that exports of services are not only gaining strong momentum and catching up with exports of goods in many countries, but they could also trigger a new wave of trade globalization. Research applications of the trade in service dataset on structural transformation, resilience, labor reallocation, and income distribution are outlined.
Notes:
Includes bibliographical references.
Description based on online resource; title from PDF title page (ebrary, viewed May 5, 2017).
ISBN:
9781475589900
1475589905
9781475590173
1475590172

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