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Services play a role in global value chains in many ways, similar to goods. But services deserve special attention because of how they are transacted, how they affect downstream sectors, how they are regulated, and how international cooperation can contribute to integrating national markets. Databases on trade in value added, which cover only cross-border transactions in services, reveal a high and growing share of services in trade in value added...
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Heuser,Cecilia; Mattoo,Aaditya.

Services trade and global value chains (English). Policy Research working paper|no. WPS 8126 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/627361498584454928

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