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beyond market access to seeking regulatory commitments from trading partners. India is a proponent of services liberalisation … like express delivery services (EDS) are addressed in WTO/FTAs and its implications for India. Express delivery services … are one of the fastest growing sectors in India. It plays a crucial role in trade facilitation and in enhancing the global …
Persistent link: https://www.econbiz.de/10011807657
This paper examines how the applied multi-sector computable general equilibrium (CGE) literature has moved into quantification of the impacts of greater market access for services. This includes discussion of multisector linkages to the service sector, as well both measuring barriers to trade...
Persistent link: https://www.econbiz.de/10010294881
We employ laboratory methods to study stability of competitive equilibrium in Scarf's economy (International Economic Review, 1960). Tatonnement theory predicts that prices are globally unstable for this economy, i.e. unless prices start at the competitive equilibrium they oscillate without...
Persistent link: https://www.econbiz.de/10010316891
In this paper we use global analysis to study the welfare properties of general equilibrium economies with incomplete markets (GEI). Our main result is to show that constrained Pareto optimal equilibria are contained in a linear submanifold of the equilibrium set. This result is explicitly...
Persistent link: https://www.econbiz.de/10010318896
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the above, this paper reviews India's experience to understand how services sector liberalisation can generate (welfare … India's experience of an increasingly open service sector and reviews the different channels through which economic gains … are garnered from openness to trade in services. But the lessons from this analysis extend far beyond India and are of …
Persistent link: https://www.econbiz.de/10011807616