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Trade in Services in the Asia-Pacific Region$
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Takatoshi Ito and Anne O. Krueger

Print publication date: 2003

Print ISBN-13: 9780226386775

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226386782.001.0001

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PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 02 August 2021

Services Trade in East Asia

Services Trade in East Asia

(p.379) 12 Services Trade in East Asia
Trade in Services in the Asia-Pacific Region

Shujiro Urata

Kozo Kiyota

University of Chicago Press

This chapter analyzes the services industry in East Asia measured in terms of balance-of-payment statistics. It presents a regression analysis of factor inputs in services trade and the result reveals that the explanatory power of the Heckscher-Ohlin theorem on the patterns of service trade is quite limited. This may be due to the presence of restrictions and barriers and intraindustry trade due to product differentiation. This chapter also compares embodied services trade and disembodied services trade in different East Asian countries.

Keywords:   services industry, East Asia, balance-of-payment, factor inputs, Heckscher-Ohlin theorem, intraindustry trade, embodied services trade, disembodied services trade

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