One of the achievements of the of the European Union (EU) is the free movement of goods, services, capital and labour between the member states. The internal market for goods seems to function well, after the implementation of the Single Market programme in 1988. That is however not the case for...

This paper has two aims. First, it describes CPB's contribution on bilateral services trade data to version 7 of the GTAP database. Among others, it uses reliability indices to determine the quality of the data reported by exporting and importing countries. Second, this paper discusses briefly...

Innovation is a policy area in which the European Union (EU) has the competence to support, coordinate and supplement Member States policies according to the new Lisbon Treaty (2007). The Member States (MS) have the primacy in this area and the principles of subsidiarity and proportionality...

This note describes the sectoral total factor productivity (TFP) developments in the OECD between 1970-1990. Based on the ISDB data of the OECD, we confirm the stylised fact that TFP growth is relatively high in agriculture and relatively low in services. Within manufacturing, the TFP growth...

Although FDI is becoming more and more important in the world economy, it is not widely examined. Theories and empirics on trade are much further developed than on FDI. <span style="color: #000000;">Researchers have developed large-scale models to analyse trade policies. These models are based on microeconomic theory,...</span>

The European Commission's 2004 proposals for a Services Directive consists of measures to reduce or eliminate the obstacles of cross-border trade of services by introducing the 'country of origin' principle. It implies that regulation of the country of origin is relevant, and that the country of...

Good statistical measurement of services trade becomes more and more important now trade in services gets the attention of policymakers. In 1995 many countries decided to liberalise services trade according to the General Agreement for Trade in Services (GATS). Also in the Doha round the WTO...

Global applied general equilibrium (AGE) models focus on the interactions between regional product markets. Many of these models are developed to represent trade flows and evaluate trade policies. Foreign direct investment (FDI) and foreign commercial presence are ignored in most of them,...