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Book/Printed Material Foreign affiliate sales and trade in both goods and services

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Title

  • Foreign affiliate sales and trade in both goods and services

Summary

  • "Because of the differing forms that international agreements on trade in goods and trade in services take in the GATT (1994) and the GATS there is an incompatibility between measures of world trade in goods and services. Measures of goods trade reflecting GATT (1994) are restricted to trade that crosses borders. Service trade, however, under GATS mode 3 (commercial presence) includes both cross border delivery and foreign affiliate sales within borders. As a result, present comparisons of services and goods trade, as in WTO (2007), are unsatisfactory. One can further argue that our perceptions of the degree of integration in the global economy are likely ill formed, and for comparability the trade component of affiliate sales in goods should be included in goods trade or affiliate sales should be removed from service trade data. Here, we make modifications to reported goods and services trade for specific countries where this is possible by using data on affiliate sales in both goods and services to produce more consistently measured cross country estimates of trade flows. This allows us to compare combined total goods and services trade both over time and across countries, as well as growth rates of trade, trade imbalances and the relative size of trade in goods and services. We use three different statistical bases for measures. One of them is the present mixed GATT and GATS basis; another is trade including foreign affiliate sales, and a final one excludes foreign affiliate sales. Perceptions both on the combined size of country goods and services trade as well as their relative size change a lot using these three measures. We finally draw conclusions and offer policy implications"--National Bureau of Economic Research web site.

Names

  • Li, Chunding
  • Chen, Yan (Economics teacher) active 2010
  • Whalley, John
  • National Bureau of Economic Research

Created / Published

  • Cambridge, MA : National Bureau of Economic Research, c2010.

Notes

  • -  Title from PDF file as viewed on 9/23/2010.
  • -  Includes bibliographical references.
  • -  Also available in print.
  • -  Mode of access: World Wide Web.
  • -  System requirements: Adobe Acrobat Reader.

Call Number/Physical Location

  • HB1

Digital Id

Library of Congress Control Number

  • 2010656226

Access Advisory

  • Unrestricted online access

Online Format

  • image
  • pdf

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Cite This Item

Citations are generated automatically from bibliographic data as a convenience, and may not be complete or accurate.

Chicago citation style:

Li, Chunding, Yan Active 2010 Chen, John Whalley, and National Bureau Of Economic Research. Foreign Affiliate Sales and Trade in Both Goods and Services. Cambridge, MA: National Bureau of Economic Research, 2010. Pdf. https://aj.sunback.homes/item/2010656226/.

APA citation style:

LI, C., Chen, Y. A. 2., Whalley, J. & National Bureau Of Economic Research. (2010) Foreign Affiliate Sales and Trade in Both Goods and Services. Cambridge, MA: National Bureau of Economic Research. [Pdf] Retrieved from the Library of Congress, https://aj.sunback.homes/item/2010656226/.

MLA citation style:

Li, Chunding, et al. Foreign Affiliate Sales and Trade in Both Goods and Services. Cambridge, MA: National Bureau of Economic Research, 2010. Pdf. Retrieved from the Library of Congress, <aj.sunback.homes/item/2010656226/>.