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Globalization in Services: from Measurement to Analysis

Author

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  • Isabelle Bensidoun
  • Deniz Ünal

Abstract

This paper provides new estimates of international trade in services for mode 3 (foreign affiliates’sales in a host country) for four major OECD countries, thanks to the harmonisation of FATS statistics with conventional international trade ones (trade recorded in the balances of payments – modes 1 and 2), using the CEPII’s exhaustive CHELEM-BAL database. The results show that sales by foreign affiliates abroad account for the bulk of international trade in services. Technological changes are speeding up the globalisation of the tertiary sector. These new areas of trade are still dominated by the Northern countries, whose service surpluses offset some of their declining competitiveness in manufacturing markets.

Suggested Citation

  • Isabelle Bensidoun & Deniz Ünal, 2007. "Globalization in Services: from Measurement to Analysis," Working Papers 2007-14, CEPII research center.
    • Handle: RePEc:cii:cepidt:2007-14
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    File URL: http://www.cepii.fr/PDF_PUB/wp/2007/wp2007-14.pdf
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    References listed on IDEAS

    as
    1. Bhagwati, Jagdish N, 1984. "Why Are Services Cheaper in the Poor Countries?," Economic Journal, Royal Economic Society, vol. 94(374), pages 279-286, June.
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    Cited by:

    1. Wim Suyker & P. Buitelaar & Henri de Groot, 2007. "India and the Dutch economy; stylised facts and prospects," CPB Document 155, CPB Netherlands Bureau for Economic Policy Analysis.

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    More about this item

    Keywords

    SERVICES; INTERNATIONAL TRADE; SPECIALIZATION; FATS;
    All these keywords.

    JEL classification:

    • L80 - Industrial Organization - - Industry Studies: Services - - - General
    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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