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GTAP Resource #5890

"Services Trade Policy Liberalisation - Border Effects and Domestic Channels"
by Carrico, Caitlyn, Susan Stone and Frank van Tongeren

Generating more than two-thirds of global gross domestic product (GDP) and employing over seventy percent of workers in advanced economies, services are crucial to economic prosperity today and continual growth in the future. Today, trade in services accounts for twenty per cent of global gross trade and more than fifty per cent of the value-added in gross exports. Further, services trade is highly complementary with trade in goods, representing more than thirty percent of the value added of manufacturing exports. As the fourth industrial revolution progresses, trade in services, including digitally-delivered cross-border trade as well as traded services supporting global manufacturing, will continue to be a key driver of advanced economic development.

Resource Details (Export Citation) GTAP Keywords
Category: 2019 Conference Paper
Status: Published
By/In: Presented at the 22nd Annual Conference on Global Economic Analysis, Warsaw, Poland
Date: 2019
Created: van Tongeren, F. (4/16/2019)
Updated: Batta, G. (5/7/2019)
Visits: 1,737
- Non-Tariff measures in services

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