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Barriers to trade in financial and insurance services : evidence from the United Kingdom
Podpiera, Jiří - 2021
Distance, as a proxy for trade barriers, is found in many studies to matter even for weightless cross-border financial investments and lending, possibly due to the presence of information asymmetries. Its importance is tested in this paper using exports of all five broad categories of the U.K.'s...
Persistent link: https://www.econbiz.de/10012796259
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The GATS Agreementon Financial Services : A Modest Start to Multilateral Liberalization
Sorsa, Piritta - 1997
the General Agreements on Trade in Services (GATS). It provides an overview of the main features of the GATS and what the … participants in banking and securities within its framework, and compares GATS liberalization with the actual state of … emerging markets liberalized little under the GATS despite often well-developed financial markets, while the opposite was true …
Persistent link: https://www.econbiz.de/10014403355
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Export spillovers from global shocks for the Middle East and Central Asia
Behar, Alberto; Espinosa-Bowen, Jaime - 2014
Persistent link: https://www.econbiz.de/10010388711
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Constraints on Trade in the MENA region
Wolde, Hirut - 2010
In this paper we estimate gravity models to see whether trade volumes of countries in the MENA region are significantly lower than what would be expected given their economic, cultural and geographical characteristics. Our empirical results show that the variables used in standard gravity models...
Persistent link: https://www.econbiz.de/10014404327
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Export Spillovers from Global Shocks for the Middle East and Central Asia
Behar, Alberto - 2014
This paper quantifies the effect of realized and potential global growth disappointments on export volumes from the Middle East, North Africa, the Caucasus, and Central Asia. Estimates of export elasticities with respect to trading partner GDP indicate non-oil export volumes are relatively...
Persistent link: https://www.econbiz.de/10014411221
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Structural transformation and the sophistication of production
Anand, Rahul; Mishra, Saurabh; Spatafora, Nikola - 2012
Persistent link: https://www.econbiz.de/10009572510
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World trade in services : evidence from a new dataset
Loungani, Prakash; Mishra, Saurabh; Papageorgiou, Chris; … - 2017
Using a newly constructed dataset on trade in services for 192 countries from 1970 to 2014, this paper shows that services currently constitute one-fourth of world trade and an increasingly important component of global production. A detailed analysis of patterns and stylized facts reveals that...
Persistent link: https://www.econbiz.de/10011670531
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Deepening the EU's single market for services
Ebeke, Christian; Frie, Jan-Martin; Rabier, Louise - 2019
The services sector is increasingly important for the euro area economy, but productivity growth in the sector has stalled over the past two decades. Remaining barriers to cross-border trade in services within the EU Single Market contribute to this weak performance. Our empirical analysis...
Persistent link: https://www.econbiz.de/10012154992
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Understanding India’s Services Revolution
Gupta, Poonam - 2004
This paper analyzes the factors behind the recent growth of India''s services sector. The high growth of services output in the 1990s was mostly due to the rapid expansion of communication, banking, business services (including the IT sector) and community services. While factors such as a high...
Persistent link: https://www.econbiz.de/10014404160
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Structural Transformation and the sophistication of Production
Spatafora, Nicola - 2012
A new dataset on export sophistication reveals that in many countries the importance of modern services, and the sophistication of manufactured and service exports, has increased over time. However, this trend was less pronounced in LICs. Sophisticated sectors are more likely to act as a...
Persistent link: https://www.econbiz.de/10014396928