Working Paper: NBER ID: w10181
Authors: John Whalley
Abstract: This paper discusses the potential impacts of services trade liberalization on developing countries and reviews existing quantitative studies. Its purpose is to distill themes from current literature rather than to advocate specific policy changes. The picture emerging is one of valiant attempts to quantify in the presence of formidable analytical and data problems yielding only a clouded image of likely impacts on trade, consumption, production, and welfare.
Keywords: services trade liberalization; developing countries; quantitative studies; policy implications
JEL Codes: F1
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| services trade liberalization (F13) | lower prices for consumers in developing countries (F63) |
| services trade liberalization (F13) | enhanced welfare in developing countries (I30) |
| genuine two-sided liberalization (P33) | benefits from low wage rates in developing countries (F66) |
| south-south trade liberalization (F13) | additional gains for developing countries (O10) |