Services Tradability, Trade Liberalization and Foreign Direct Investment

Marrewijk, Charles van; Stibora, Joachim; Vaal, A. de

doi:10.2307/2554999

Cited by 12 publications

(4 citation statements)

References 7 publications

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“…The subsidiary abroad faces an identical elasticity of demand and *' See also van Marrewijk et al (1996). As will become clear, as an example of the transfer of technology scenario one can think of banking services, since these usually require local headquarters in the host country.…”

Section: Foreign Direct Investment In Servicesmentioning

confidence: 99%

Producer services, comparative advantage, and international trade patterns

Marrewijk

Stibora

Vaal

et al. 1997

Journal of International Economics

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We unite the theories of factor abundance and monopolistic competition to explore the general equilibrium relations between trade in producer services, economies of scale and factor markets. In our model, two final goods are produced using capital, labor, and a variety of differentiated producer services that are produced under increasing returns to scale. We analyze the implications for comparative advantage and trade in goods between two countries that differ in factor endowments and in technology of service provision. Moreover, we use the concept of the integrated world equilibrium to investigate trade in goods and services, also when services require foreign direct investments.

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Section: Foreign Direct Investment In Servicesmentioning

confidence: 99%

Producer services, comparative advantage, and international trade patterns

Marrewijk

Stibora

Vaal

et al. 1997

Journal of International Economics

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“…However, a very limited number of studies have focused on the relationship between FDI and trade in services. Building on the work of Van Marrewijk et al (1996), three patterns of FDI can be identified, namely (1) commercial presence where foreign firms establish their branches, (2) technology or know-how transfers, and (3) movement of workers.…”

Section: B Fdi and Trade In Servicesmentioning

confidence: 99%

Towards the Operationalization of the AfCFTA Trade in Services Protocol: Do FDI and ICT Enable Trade in Services for ECOWAS Countries?

Wonyra

Cassama²,

Gnedeka³

2023

EJDEVELOP

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In January 2021, the AfCFTA entered its operational phase. This AfCFTA covers the liberalization of trade in services with a Protocol on Trade in Services. In this context, this paper examines the effects of FDI flows and ICT infrastructure on services exports, both globally and by sector in ECOWAS countries. We use panel data on the 15 countries for the period 1998 to 2020 and perform dynamic modeling using the LSDVC technique. The results reveal that the infrastructure ICT (internet and mobile telephony) does not directly affect services exports. However, overall, the interaction between ICT infrastructure and FDI positively and significantly influences services exports. The effects of the interaction between ICT and FDI have varying impacts on services exports across different sectors.

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“…Services play an increasingly important role in today's world economy, as observed, for example, by the growing share in employment, pro-duction, exports, and foreign direct investment, see e.g. OECD (1993), UNCTAD and World Bank (1994) and Van Marrewijk, Stibora and De Vaal (1996). This growing importance of services in domestic economies and international trade, acknowledged by the political forum as testified by the inclusion of services in the Uruguay Round negotiations, is largely due to an increase in the production of producer services, see Grubel andWalker (1989), andOECD (1992).…”

Section: The Increasing Importance Of Servicesmentioning

confidence: 99%