The Impact of Trade in Services on Factor Incomes : Results from a Global Simulation Model

dc.creatorAhmed, S. Amer
dc.date2014-09-02T21:52:00Z
dc.date2014-09-02T21:52:00Z
dc.date2009-12
dc.date.accessioned2026-07-01T01:01:33Z
dc.descriptionIndian gross domestic product per capita increased rapidly between 2001 and 2006 in a climate of increasing services trade, with the export-oriented services sector responsible for rising shares of growth in gross domestic product. Due to its contribution to aggregate economic growth, there is a great need for empirical examination of the distributional consequences of this growth, especially in light of the challenges in obtaining theoretical solutions that can be generalized. This paper fills this gap in the literature by using a global simulation model to examine how sensitive factor incomes across different industries may have been to the historical changes in India's services exports and imports, and provides insight on the distribution of the national income growth attributable to the expansion of the services industry. Rent on capital in the service sector and wages of all workers would have increased as a result of greater services trade in this period, while income from capital specific to agriculture and manufacturing would have declined. The factors involved with the urban-based services sector may thus benefit from the services trade growth, while the total factor income involved in rural agriculture may decline.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2009/12/11508556/impact-trade-services-factor-incomes-results-global-simulation-model
dc.identifierhttps://hdl.handle.net/10986/19958
dc.identifierhttps://doi.org/10.1596/1813-9450-5155
dc.identifier.urihttp://hdl.handle.net/123456789/414369
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper;No. 5155
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectACCOUNTING STANDARDS
dc.subjectAGRICULTURE
dc.subjectBALANCE OF PAYMENTS
dc.subjectBARRIERS TO TRADE
dc.subjectBASE YEAR
dc.subjectBENCHMARK
dc.subjectBUSINESS SERVICES
dc.subjectCAPITAL OWNERS
dc.subjectCAPITAL STOCKS
dc.subjectCOMMODITIES
dc.subjectCOMMODITY
dc.subjectCOMMODITY PRICES
dc.subjectCOMMUNICATION TECHNOLOGY
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCONSTANT RETURNS TO SCALE
dc.subjectCONSULTING SERVICES
dc.subjectCONSUMER PRICE INDEX
dc.subjectCONSUMERS
dc.subjectCOST STRUCTURE
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICIES
dc.subjectDISTRIBUTION OF INCOME
dc.subjectECONOMIC BENEFITS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC EQUILIBRIUM
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC OUTLOOK
dc.subjectEGOVERNMENT
dc.subjectELASTICITY
dc.subjectELASTICITY OF SUBSTITUTION
dc.subjectEMPLOYMENT
dc.subjectEQUILIBRIUM
dc.subjectEXCHANGE RATE
dc.subjectEXPORT DEMAND
dc.subjectEXPORT GROWTH
dc.subjectEXPORT VOLUME
dc.subjectEXPORTS
dc.subjectFACTORS OF PRODUCTION
dc.subjectFINANCIAL SERVICES
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGENERAL EQUILIBRIUM
dc.subjectGENERAL EQUILIBRIUM MODEL
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL OUTPUT
dc.subjectGLOBAL TRADE
dc.subjectGLOBALIZATION
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROSS DOMESTIC PRODUCT PER CAPITA
dc.subjectGROWTH RATES
dc.subjectGROWTH THEORIES
dc.subjectHUMAN CAPITAL
dc.subjectIMPORT COST
dc.subjectIMPORTS
dc.subjectINCOME LEVELS
dc.subjectINCOMES
dc.subjectINEQUALITY
dc.subjectINFLATION RATE
dc.subjectINFORMATION TECHNOLOGY
dc.subjectINSURANCE
dc.subjectINTERNATIONAL CAPITAL
dc.subjectINTERNATIONAL CAPITAL FLOWS
dc.subjectINTERNATIONAL ECONOMICS
dc.subjectINTERNATIONAL ECONOMY
dc.subjectINTERNATIONAL MARKET
dc.subjectLABOR COSTS
dc.subjectLABOR FORCE
dc.subjectLABOR MARKET
dc.subjectLIBERALIZATION
dc.subjectMANPOWER
dc.subjectMANUFACTURING INDUSTRIES
dc.subjectMARGINAL COST
dc.subjectMARGINAL COST OF PRODUCTION
dc.subjectMARGINAL REVENUE
dc.subjectNATIONAL INCOME
dc.subjectNONTARIFF TRADE BARRIERS
dc.subjectOCCUPATIONS
dc.subjectOUTPUTS
dc.subjectOUTSOURCING
dc.subjectPRODUCT DIFFERENTIATION
dc.subjectPRODUCTION FUNCTIONS
dc.subjectPRODUCTION PROCESS
dc.subjectPRODUCTION STRUCTURE
dc.subjectPRODUCTION STRUCTURES
dc.subjectPRODUCTIVITY
dc.subjectRAPID ECONOMIC GROWTH
dc.subjectREAL ESTATE
dc.subjectREAL GDP
dc.subjectREPUTATION
dc.subjectSAVINGS
dc.subjectSKILLED LABOR
dc.subjectSKILLED WORKER
dc.subjectSKILLED WORKERS
dc.subjectSOFTWARE DEVELOPMENT
dc.subjectSTATISTICAL ANALYSES
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectTECHNOLOGICAL ADVANCES
dc.subjectTECHNOLOGICAL INNOVATIONS
dc.subjectTELECOMMUNICATIONS
dc.subjectTOTAL OUTPUT
dc.subjectTRADE BARRIERS
dc.subjectTRADE DATA
dc.subjectTRADE FORUM
dc.subjectTRADE IN SERVICES
dc.subjectTRADE MODELS
dc.subjectTRADE PROTECTION
dc.subjectTRADE SURPLUS
dc.subjectTRADES
dc.subjectTRANSACTIONS COSTS
dc.subjectUNSKILLED LABOR
dc.subjectUNSKILLED WORKERS
dc.subjectVALUE ADDED
dc.subjectWAGE INCREASES
dc.subjectWAGES
dc.subjectWORLD ECONOMY
dc.titleThe Impact of Trade in Services on Factor Incomes : Results from a Global Simulation Model

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