This paper argues that developing Asia is overlooking an opportunity for increased growth and development through trade in business services. Developing Asia would benefit from liberalizing services trade as it has benefited from liberalizing goods trade. This argument rests on these key...

Some basic facts about the service sector and service trade -- A new approach to identifying tradable services -- Characteristics of workers in tradable service industries -- Comparative advantage : lessons from manufacturing -- Comparative advantage : prospects for the service sector --...

In this paper, we use a unique dataset on the distribution of output and demand across regions of the United States to estimate trade costs for 969 service and manufacturing industries. Our estimation method is a natural extension of the gravity model of trade and identifies trade costs in the...