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Protection and Trade in Services: A Survey

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  • Hoekman, Bernard
  • Primo Braga, Carlos

Abstract

This paper surveys the literature on trade in services, focusing on the policies that are used to restrict such trade, the gains from liberalization, and the institutional mechanisms that have been adopted in the pursuit of liberalization. It argues that technological progress and international trade negotiations are likely to keep liberalization of trade in services a high profile policy issue. It also suggests that the research agenda should focus on developing better estimates of the welfare costs of protectionism in the service sector. This will require the quantification of barriers to the international exchange of services.

Suggested Citation

  • Hoekman, Bernard & Primo Braga, Carlos, 1997. "Protection and Trade in Services: A Survey," CEPR Discussion Papers 1705, C.E.P.R. Discussion Papers.
    • Handle: RePEc:cpr:ceprdp:1705
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    References listed on IDEAS

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    7. Deardoff, A.V. & Brown, D.K. & Stern, R.M. & Fox, A.K., 1995. "Computational Analysis of Goods and Services Liberalization in the Uruguay Round," Working Papers 379, Research Seminar in International Economics, University of Michigan.
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    9. Blomstrom, Magnus & Lipsey, Robert E., 1989. "US multinationals in Latin American service industries," World Development, Elsevier, vol. 17(11), pages 1769-1776, November.
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    11. Hoekman, B. & Sauve, P., 1995. "Liberalizing Trade in Services," World Bank - Discussion Papers 243, World Bank.
    12. Hallett Andrew Hughes & Braga C. A. Primo, 1994. "The New Regionalism and the Threat of Protectionism," Journal of the Japanese and International Economies, Elsevier, vol. 8(4), pages 388-421, December.
    13. Hoekman, B.M., 1992. "Conceptual and Political Economy Issues in Liberalizing International Transactions in Services," Working Papers 309, Research Seminar in International Economics, University of Michigan.
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    15. Francois, Joseph & Reinert, Kenneth A, 1995. "The Role of Services in the Structure of Production and Trade: Stylized Facts from a Cross-Country Analysis," CEPR Discussion Papers 1228, C.E.P.R. Discussion Papers.
    16. Hill, Alice & Abdala, Manuel Angel & DEC, 1993. "Regulation, institutions, and commitment : privatization and regulation in the Argentine telecommunications sector," Policy Research Working Paper Series 1216, The World Bank.
    17. World Bank, 1995. "Global Economic Prospects and the Developing Countries 1995," World Bank Publications - Books, The World Bank Group, number 32390.
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    More about this item

    Keywords

    Protectionism; Trade in Services; Trade Negotiations; World Trade Organization;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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