Chapter

The Growth and Potential of Taiwan's Foreign Trade in Services

Li-min Hsueh, An-loh Lin and Su-wan Wang

in Trade in Services in the Asia-Pacific Region

Published by University of Chicago Press

Published in print February 2003 | ISBN: 9780226386775
Published online February 2013 | e-ISBN: 9780226386782 | DOI: http://dx.doi.org/10.7208/chicago/9780226386782.003.0006
The Growth and Potential of Taiwan's Foreign Trade in Services

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This chapter investigates the reasons behind the growth of the services industry in Taiwan. It suggests that the major contributors to the growth in import services are the increases in the imports of goods and per capita income and the decreases in the relative prices of import services. The regression analysis found that the three important determinants of the services trade are the trade in goods, per capita income levels and the relative price of service. This chapter also provides an overview on the time-series changes of Taiwan's services trades.

Keywords: services industry; Taiwan; import services; per capita income; price of service

Chapter.  17251 words. 

Subjects: Business and Management

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