The Impact of Policy Restrictions on Services Trade

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Release : 2017
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The Impact of Policy Restrictions on Services Trade - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Impact of Policy Restrictions on Services Trade write by Antoine Gervais. This book was released on 2017. The Impact of Policy Restrictions on Services Trade available in PDF, EPUB and Kindle. Standard techniques used to estimate gravity equations, the workhorse empirical model in international trade, rely on bilateral variation to identify the effect of trade barriers on bilateral trade flows. This prevents the estimation of any exporter- or importer-specific trade barriers. To address this shortcoming, I develop a method that estimates the effects of country-level variables on trade between countries in the presence of firm heterogeneity and country selection into trade, a natural extension of existing empirical models of international trade. The method relies on the theoretical structure of a model of international trade to generate empirical measures of multilateral resistance and fixed production costs for each country. I implement the method in services data, where measures of services trade policy currently available provide information on the average level of regulations restricting entry into an importing country. I find that policy barriers are statistically significant and quantitatively important in predicting services trade flows. Further, consistent with the theoretical model, I find that increases in measured importer and exporter fixed costs reduce bilateral trade.

Estimating the Impact of Country-Level Policy Restrictions on Services Trade

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Release : 2018
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Estimating the Impact of Country-Level Policy Restrictions on Services Trade - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Estimating the Impact of Country-Level Policy Restrictions on Services Trade write by Antoine Gervais. This book was released on 2018. Estimating the Impact of Country-Level Policy Restrictions on Services Trade available in PDF, EPUB and Kindle. Standard techniques used to estimate gravity equations, rely on bilateral variation to identify the effect of trade barriers on bilateral trade flows. In this paper, I develop a method that estimates the effects of country-level variables on trade between countries in the presence of firm heterogeneity and country selection into trade, a natural extension of existing empirical models of international trade. I implement the method in services data, where available measures of trade policy provide information on the average level of regulations restricting entry into a country. The results suggest that policy barriers are important determinants of services trade flows.

Services Trade Policies and the Global Economy

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Release : 2017-06-08
Genre : Commercial policy
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Book Rating : 921/5 ( reviews)

Services Trade Policies and the Global Economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Services Trade Policies and the Global Economy write by OECD.. This book was released on 2017-06-08. Services Trade Policies and the Global Economy available in PDF, EPUB and Kindle. This book synthesises recent work by the OECD analysing services trade policies and quantifying their impacts on imports and exports, the performance of manufacturing and services sectors, and how services trade restrictions influence the decisions and outcomes of firms engaged in international markets. Based on the OECD Services Trade Restrictiveness Index (STRI) - a unique, evidence-based tool that provides snapshots of regulations affecting trade in services in 22 sectors across 44 countries (representing over 80% of global trade in services) - the analysis highlights the magnitude, nature and impact of the costs entailed by restrictive services trade policies. The new evidence uncovered is meant to inform trade policy makers and the private sector about the likely effects of unilateral or concerted regulatory reforms and help prioritise policy action.

International Trade in Health Services and the GATS

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Release : 2005-09-15
Genre : Business & Economics
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Book Rating : 127/5 ( reviews)

International Trade in Health Services and the GATS - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook International Trade in Health Services and the GATS write by Chantal Blouin. This book was released on 2005-09-15. International Trade in Health Services and the GATS available in PDF, EPUB and Kindle. Health ministries around the world face a new challenge: to assess the risks and respond to the opportunities of the increasing openness in health services under the World Trade Organization's (WTO) General Agreement on Trade in Services (GATS). 'International Trade in Health Services and the GATS' addresses this challenge head-on by providing analytical tools to policymakers in health and trade ministries alike who are involved in the liberalization agenda and, specifically, in the GATS negotiations. This book informs and assists policymakers in formulating trade policy and negotiating internationally. There is ongoing and animated international debate about the impact of GATS on public services in general and health in particular. In response, the book offers different perspectives from more than 15 leading experts. Some of the authors stress opportunities linked to trade in health services, others focus more on the risks. The book offers: Detailed legal analysis of the impact of the agreement on health policy An overview of trade commitments in health-related services New empirical evidence from nine country studies A simple 10-step explanation on how to deal with GATS negotiations. 'International Trade in Health Services and the GATS' is a must-have resource for policymakers and other practitioners working in the trade and health sectors.

A Handbook of International Trade in Services

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Release : 2007-11-22
Genre : Business & Economics
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Book Rating : 026/5 ( reviews)

A Handbook of International Trade in Services - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook A Handbook of International Trade in Services write by Aaditya Mattoo. This book was released on 2007-11-22. A Handbook of International Trade in Services available in PDF, EPUB and Kindle. International trade and investment in services are an increasingly important part of global commerce. Advances in information and telecommunication technologies have expanded the scope of services that can be traded cross-border. Many countries now allow foreign investment in newly privatized and competitive markets for key infrastructure services, such as energy, telecommunications, and transport. More and more people are travelling abroad to consume tourism, education, and medical services, and to supply services ranging from construction to software development. In fact, services are the fastest growing components of the global economy, and trade and foreign direct investment (FDI) in services have grown faster than in goods over the past decade and a half. International transactions, however, continue to be impeded by policy barriers, especially to foreign investment and the movement of service-providing individuals. Developing countries in particular are likely to benefit significantly from further domestic liberalization and the elimination of barriers to their exports. In many instances, income gains from a reduction in protection to services may be far greater than from trade liberalization in goods. In light of the increasing importance of international trade in services and the inclusion of services issues on the agendas of the multilateral, regional and bilateral trade negotiations, there is an obvious need to understand the economic implications of services trade and liberalization. A Handbook of International Trade in Services provides a comprehensive introduction to the subject, making it an essential reference for trade officials, policy advisors, analysts, academics, and students. Beginning with an overview on the key issues in trade in services and discussion of the GATS, the book then looks at trade negotiations in the service sector, the barriers to trade in services, and concludes by looking at a number of specific service sectors, such as financial services, e-commerce, health services, and the temporary movement of workers.