Die Theorie der Außenwirtschaft postuliert eine Effizienzsteigerung durch Spezialisierung, wenn freier Handel zwischen ehemals autarken Ländern möglich wird. Dieses Papier wendet das Heckscher-Ohlin Modell auf dieses Problemfeld an und analysiert die Fähigkeit der Spezialisierung im...

On the one hand, trade in tertiary education is highly regulated; on the other hand, it is a considerably liberalized area of services. This is especially true in the case of Mode 3 of international services trade, namely oversea campuses. In the case of Japan, foreign universities are/were free...

The study assesses the presence and magnitude of global trends in health tourism using health-related travel (HRT) spending reported in the International Monetary Fund’s Balance of Payments Statistics database. Linear regression and quantile regression are applied to estimate secular trends of...

This paper analyzes whether and to what extent determinants of comparative advantage have explanatory power for conventional services trade. It assesses the geographical, Heckscher-Ohlin and institutional determinants of services trade based on the literature for goods trade. Moreover, this...

The purpose of the present paper is to gauge the main trends in the evolution and structure of the EU trade in goods, mainly after 2004, starting from a quantitative analysis and comparing trends in the trade in goods with trends in the trade in services, where necessary. We focus on the trade...

This paper addresses a number of policy challenges arising from ongoing attempts to negotiate a plurilateral Trade in Services Agreement (TISA), a recently launched plurilateral negotiating initiative coexisting uneasily alongside the World Trade Organisation's General Agreement on Trade in...

We merge German balance-of-payments and foreign-affiliate-trade statistics to obtain data about trade in commercial services at the firm level. We use these data to study export market participation and the choice of export mode: cross-border versus foreign affiliate sales. We find that for...

The first part of this paper analyses the regulatory framework for international trade in financial services within the auspices of the World Trade Organisation (WTO), with special attention paid to the open issues including the scope of prudential measures and capital mobility limitations. The...