Dr. Nassir Ul Haq Wani, Dr. Farha Naz Khan, and Ms.Rupanshi Paruthi

Volume 5 Issue 1 | Mar 2022

DOI: 10.31841/KJEMS.2022.108

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Abstract

International trade in services is the engine of the world economy. Under complex and volatile international happenings, it is worth evaluating where the world service trade and FDI pattern will go. Therefore, it is necessary to gauge the trade-related research of service trade and FDI. This paper systematically reviewed the research on international trade in service and FDI through qualitative and quantitative research methods, which made up for the deficiency of the existing reviews in this field. This paper used VOS viewer software to carry out a bibliometric analysis of 1097 documents from Scopus (2005-2020). The study found that authoritative journals in this field are concentrated in the economic field and the quality of publications is high. The cooperation between scholars is not close, and papers are mainly distributed in North and South America, East Europe, South and Central Asia and partially Australia. The results of document co-citation showed that international trade in services and FDI is diversified into mainstream research fields, like trade liberalization, FDI in the financial industry, international competitiveness, TRIPS, TRIS, GATT and corporate diplomacy. With further analysis of the above knowledge structure, we can master the development track of international trade core areas in services and lay a foundation for exploring new development trends.