国际效劳贸易外文文献翻译.docx
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国际效劳贸易外文文献翻译
(含:
英文原文及中文译文)
文献出处:
《WorldDevelopment》,2015,12
(1):
35-44.
英文原文
Theresearchofinternationalservicetradeandeconomicgrowththeory
Chakraborty Kavin
1Introduction
Thestudyoftherelationbetweeninternationaltradeandeconomicgrowthisoneofthemostactiveissues.Since1980s,theworldhasbeenintransitionfromnationaleconomyorientatingtowardsnaturalresourcesandmanufacturingindustrytoglobalandregionaleconomyorientatingtowardsinformationresourcesandserviceindustry.AfterthesignatureofGATSin1994,theinstitutionalarrangementsonliberalizingservicetraderesultinaworld-wideinvolvementdivisionandexchangesofservicetrade,anditisundoubtedlythatthepositiveinteractionbetweenservicetradeandinvestmentleadstoeconomicgrowth.Butthetheoreticalresearchonservicetradelagsbehindpractice.
Isitastatisticphenomenonorauniversalruleofeconomicgrowth?
Toapproachtheabovetwoissuesfromtheoreticalandempiricalperspectiveisofgreatvaluetopolicy-making.
Forthepropositionofthat"Internationalservicetradewilldriveeconomicgrowth".Theoreticalanalysisshowsthatalthoughservicetradeisnotadirectinterpretativevariabletoeconomicgrowth,itcaneffecteconomicgrowthindirectlythroughothergrowingfactorsandtechnologyupgrade,butthewaysandmechanismsaredifferentindifferentstages.Inacertainstageofeconomicdevelopment,servicetrade(includinginvestment)willhavestaticanddynamiceffectonfactorssupplyandtechnologyupgradeinonecounty,whichwillleadtothedomesticalterationofresourcesconditionstructure.Itistheenterprisesthatselectindustrystructure,technologystructureandtradestructureaccordingtodynamicalterationwayofcomparativetechnologystructureandtradestructure,whichwillultimatelypromoteevolutionofeconomicgrowthgradually.Sofarasoperationalmechanismofservicetradeandinvestmentisconcerned,servicetradeaffectsfactorssupplyinonecountrybyphysicalcapitalaccumulatingeffect,humancapitaleffect,technologyupgradeeffect,institutionaltransitioneffect,employmenteffectandexternalityoftechnology,theninfluencestheupgradeofindustrialstructure,theupgradeoftechnologicalstructureandthetransitionofmodeofeconomicgrowth.Itisobviousthatdynamiceffectisgreaterthanstaticeffect;thatexternaleffectisplayingmoreimportantrolethaninternaleffect;andthattechnologyspillovereffectofforeigndirectinvestmentinserviceindustryisgreaterthanthatofservicetradeinanarrowsense(includingacross-bordersupply,consumptionabroadandmovementofnaturalperson).
Fortheresearchofmechanismabouthowservicetradedriveeconomicgrowth.Firstly,thepaperverifiesthecausalitybetweenservicetradeandeconomicgrowthsconcerningdifferenteconomicbodiesandtherepresentativecountries.Theresultsshowthattherearecausalitiesbetweeninternationalservicetradeandeconomicgrowthinthewholeworld,inthedevelopedcountries,intheUSandinchina.Inthedevelopingcountries,servicetradeistheGrangercauseofeconomicgrowth;Inthewholeworldandthedevelopingcountries,economicgrowthistheGrangercauseofservicetrade;IntheUS,serviceexportistheGrangercauseofeconomicgrowth,andeconomicgrowthistheGrangercauseofserviceimport.Onthisbasis,itisconcludedthattheopeningofserviceindustrywillbenefiteconomicgrowthinonecountry.Secondly,inordertoexploreonhowtheservicetradeandinvestmentactoneconomicgrowth,empiricalstudiesareemployedtoexplainthecaseofUSandthatofChina.TheresultsshowthattheroutesbywhichservicetradeaffectseconomicgrowthintheUScanberowedasfollowsfrommoresignificanttoless:
employmenteffect,humancapitaleffect,physicalcapitaleffect,technologyeffect,institutioneffect.TheresultsofempiricalanalysisofChinacanbesummarizedthat:
theroutesbywhichserviceexportaffectseconomicgrowthcanberowedasfollows:
employmenteffect,physicalcapitaleffect,institutioneffect,humancapitaleffect,technologyeffect;theroutsbywhichserviceimportaffectseconomicgrowthcanberowedasfollows:
technologyeffect,institutioneffect,employmenteffect,humancapitaleffect,physicalcapitaleffect;theroutesbywhichFDIinserviceaffectseconomicgrowthcanberowedasfollows:
technologyeffect,humancapitaleffect,institutioneffect,employmenteffect,physicalcapitaleffect.Moreover,theeffectofFDIinserviceisstrongerthanserviceimport,andtheeffectofserviceimportisstrongerthanserviceexport.
Accordingtotheempiricaltestinthispaper,theconclusioncanbedrawnasfollows:
servicetradeinanarrowsensewillhavestaticanddynamiceffectsonfactorsupplyinonecountrythroughimportandexportofservice,FDIinserviceindustryisoneofthemostimportantcross-bordertransactionsandisanotherimportantchannelwhichwillaffectthetransitionofadvantagesonfactorsupplyinonecountry.Itshouldbeemphasizedthattheabove-mentionedchannelswillhavedifferenteffectsoncountriesatdifferentstagesofeconomicdevelopment.Whethertherolescanbebroughtintoplayornotdependsongivenrestraints.Theinputoutputoffactorsthemselvescannotformaclearfunction,butwillinteracttogetherandactoneconomicgrowthhandinhandthroughnumerousfeedbackchain.
Chineseeconomyisnowundergoingtransformationfromelementaryagetomiddleageofindustrialization.Servicetradeandinvestmentincurrentperiodhavebothadvantagesanddisadvantages.Basedonthesejudgments,weproposethatChinashouldpursueapolicyfavoringprotectionismonmanagementofservicetradeandadoptrelevantcountermeasuresasfollows.Scientificdevelopmentviewshouldbeformedwithaneyetoharmonizingdevelopmentofthreeindustriessoastolayasolidindustriesfoundationforservicetrade;Thestrategicprogrammingshouldbestipulatedandthemarketofservicetradeshouldbeopenedgradually;Theruleofinternationaltransferofservicetradeshouldbemasteredandenvironmentofutilizingforeigninvestmentonserviceindustryshouldbeimproved.
Asthecharacteristicsoftheworld'sservice-orientedeconomyhavegraduallyemerged,servicetradeoriginatingfromtheupgradingofindustrialstructurehasdevelopedrapidly,andthescaleofservicetradeisrapidlyexpanding.Fromthestatisticaldata,thetotalexportsofworldservicetraderoserapidlyfrom365billion.dollarsin1980tobillion.dollarsin2020,anincreaseoftimes.Comparedwiththetradeofgoodswithalonghistory,servicetradeisanewformoftrade.Withthecontinuousincreaseinabsolutesizeandrelativelylowlevels,servicetradehasbecomeafocusofattentioninmodernsociety.
2Theimpactofoverallservicetradeoneconomicgrowth
AccordingtotheWTOGeneralAgreementonTradeinServices(GATS),whichwassignedin1994,tradeinservicesincludesCross-borderSupply,ConsumptionAbroad,CommercialPresence,andnaturalpersonmobility.(MovementofNaturalPersn)Fourmodes.Theservicetradeofthesefourmodeshascompletelydifferentpropertiesandcharacteristics.Therefore,itisdifficulttoestablishaunifiedtheoreticalframeworkforservicetradetoaffecteconomicgrowth.Thecorrespondingliteratureisveryrare.TheonlyforeigndocumentsaremainlyRobinsonetal.(2002),whosimplyregardservicetradeasacommodity.Trade,withouttakingintoaccountdifferencesinthefourtrademodels,studiedtheeconomicgrowtheffectsofservicetradeliberalizationusingtheComputableGeneralEquilibrium(CGE)model.
Usingempiricalmethodstostudytheliteratureontheimpactofoverallservicetradeoneconomicgrowthismore,butsuchstudiesaremostlydomesticscholars.ResearchshowsthattheaveragecontributionofChina'soverallservicetradetoeconomicgrowthis%.
3EffectofServiceTradeinDifferentIndustriesonEconomicGrowth
Atpresent,theliteratureontheimpactofindustrytradeinservicetradeoneconomicgrowthismostlyconcentratedinsuchservicesectorsasfinance,telecommunications,andhealthcare.Thesestudieshavebasicallyreachedarelativelyunanimousconclusionthattheopeningoftheservicesectorortheincreaseinproductivitycansignificantlypromoteeconomicgrowth..Forexample,studiesbyBecketal.(1998),Murinde&Ryan(2003),andEschenbach(2004)suggestthattheopeningofthefinancialsectorhas,toacertainextent,brokenthemonopolyofdomesticfinancialmarketsandpromptedtheorderlycompetitionoffinancialmarkets.Onthenormaldevelopmenttrack,productivityhasimproved,andithasfinallyledtoeconomicgrowthinthecountry.Kim(2000)studiedtherelationshipbetweenthedevelopmentofservicetradeinthedistributionsectorandthegrowthoftotalfactorproductivity(TFP)usingKorea'sinput-outputdata.TheresultsshowthattheliberalizationofservicetradenotonlysignificantlypromoteditsownTFP.Thepromotionalsopromotedtheimprovementoftotalfactorproductivityintherelatedmanufacturingsector.Thetotalfactorproductivitygrowthbroughtaboutbyservicetradealmostcoveredtheentireeconomicsector.
4EffectofServiceTradeonEconomicGrowthbyDifferentTradingModes
Therearefewliteraturesonspecifictransactionmodelsandtheoreticalstudiesontheimpactoftradeinservicesoneconomicgrowth.Carretal.(2001)&Markusenetal.(2005)theoreticallyexaminedthecommercialexistencemodelbymeansoftheCGEmodel.Theimpactofthetradeinservicesoneconomicgrowthshowsthattheopeningupoftradeinservicesisanimportantsourceoftheincreaseineconomicwelfareofacount