Trade in services: East Asian and Latin American Experiences

Alicia García-Herrero, K.C. Fung, Nathalie Aminian and Francis Ng
Authors registered in the RePEc Author Service: Alicia Garcia Herrero

No 1204, Working Papers from BBVA Bank, Economic Research Department

Abstract: This paper investigates the trend and characteristics of trade in services in two fertile regions where different forms of trade integration have taken place: East Asia and Latin America. To that end, the World Bank data are utilized to categorize services trade in order to put on view the national and regional positions on dynamic sectors, and to compare East Asia and Latin America in terms of revealed comparative advantages, the weight of service activities in the regional economic activity, the share of services employment. The paper deals also with the issue of internationalization of services through FDI. Overall, it shows the increasing importance of East Asia as a trading region while the share of North & Latin America is low and declining over time.

Keywords: Latin America; foreign direct investment; East Asia; service trade (search for similar items in EconPapers)
JEL-codes: F14 F15 O53 O54 O57 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2012-04
New Economics Papers: this item is included in nep-int, nep-lam and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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