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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, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 28 March 2020

Liberalization of Trade in Services and Productivity Growth in Korea

Liberalization of Trade in Services and Productivity Growth in Korea

Chapter:
(p.179) 6 Liberalization of Trade in Services and Productivity Growth in Korea
Source:
Trade in Services in the Asia-Pacific Region
Author(s):

Jong-Il Kim

June-Dong Kim

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226386782.003.0007

This chapter investigates the changes in productivity growth rates of Korean service and manufacturing subsectors in relation to the liberalization of trade in services. It describes the case of the distribution services sector which was liberalized in the 1990s and provides a tabulation of the trends of labor and total factor productivity that shows changes in productivity in the service and manufacturing subsectors. The findings reveal that the relation between trade liberalization and productivity increase in the service subsector is weak, partly because full effects of the liberalization have not yet materialized.

Keywords:   productivity growth, services industry, manufacturing subsectors, trade liberalization, Korea, distribution services, labor productivity, total factor productivity

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