## World Trade in Services: Evidence from A New Dataset

_IMF Working Papers, March 29, 2017_

## Source details

**Canonical URL:** [World Trade in Services: Evidence from A New Dataset](https://www.imf.org/en/publications/wp/issues/2017/03/29/world-trade-in-services-evidence-from-a-new-dataset-44776)

## Other formats

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- [Structured JSON version](/en/publications/wp/issues/2017/03/29/world-trade-in-services-evidence-from-a-new-dataset-44776/index.json)
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## Bibliographic details
- Authors: Prakash Loungani, Saurabh Mishra, Chris Papageorgiou, Ke Wang
- Published: March 29, 2017
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781475589887.001

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### Dataset and scope
- Newly constructed dataset on trade in services covering 192 countries from 1970 to 2014.
- Dataset enables analysis of service trade at a global and country level across the period 1970–2014.

### Major findings and stylized facts
- Services currently constitute one-fourth of world trade.
- Exports of services are gaining strong momentum and are catching up with exports of goods in many countries.
- Growth in services trade could trigger a new wave of trade globalization.
- Services are an increasingly important component of global production.

### Research applications and themes explored
- Structural transformation.
- Resilience.
- Labor reallocation.
- Income distribution.

### Publication and metadata
- Title: World Trade in Services: Evidence from A New Dataset
- Authors: Prakash Loungani, Saurabh Mishra, Chris Papageorgiou, Ke Wang
- Publication date: March 29, 2017
- Series: Working Paper No. 2017/077
- Issue: 077
- Volume: 2017
- Pages: 44
- DOI: https://doi.org/10.5089/9781475589887.001
- ISBN: 9781475589887
- ISSN: 1018-5941

*Source: IMF Working Papers, "World Trade in Services: Evidence from A New Dataset" (authors and publication details as listed above).*

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_Source: https://www.imf.org/en/publications/wp/issues/2017/03/29/world-trade-in-services-evidence-from-a-new-dataset-44776_