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Title: |
Explaining the Pattern of Trade in Producer
Services |
| Author: |
Francois,
Joseph F. |
| Author
Affiliation: |
US ITC |
| Source: |
International Economic Journal, Autumn 1993, v. 7, no. 3, pp. 23-31 |
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Publication Date: |
Autumn 1993 |
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Abstract: |
In this paper, I examine the pattern of
U.S. trade in producer services, emphasizing the significance of two-way
trade in services. Evidence is presented that the pattern of trade in
producer services can be explained by some of the same factors used to
explain the pattern of trade in goods. Viewed in the context of the
recent literature on increasing returns and trade in services, the
results presented here suggest gains from liberalization due to
increased product differentiation and global specialization. |
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