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This paper examines how services trade and policies contribute to connectivity. It highlights the economic relevance of services and identifies some key channels through which trade in services contributes to physical and digital connectivity. The paper examines the impact of services trade...
Persistent link: https://www.econbiz.de/10011723870
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/10012843505
Services have long been perceived as playing a secondary role in world trade. In particular, the role of services trade policies and multilateral services commitments often tends to be downplayed. However, in value added terms, services account for about 50% of world trade and are significant in...
Persistent link: https://www.econbiz.de/10012890024
This paper examines how services trade and policies contribute to connectivity. It highlights the economic relevance of services and identifies some key channels through which trade in services contributes to physical and digital connectivity. The paper examines the impact of services trade...
Persistent link: https://www.econbiz.de/10012947819
Services is the fastest-growing sector of today's global economy and trade in services is the most dynamic segment of world trade. However, its potential remains constrained by a variety of barriers: trade costs are estimated to be almost double those in goods, and more than 40% of trade costs...
Persistent link: https://www.econbiz.de/10012621400
Services have long been perceived as playing a secondary role in world trade. In particular, the role of services trade policies and multilateral services commitments often tends to be downplayed. However, in value added terms, services account for about 50% of world trade and are significant in...
Persistent link: https://www.econbiz.de/10011992775
When it comes to services traded through the international movement of individuals (mode 4), Regional Trade Agreements (RTAs) have increasingly adopted trade-facilitating disciplines that both build upon and innovate the GATS framework. By analysing relevant provisions of RTAs, we are able to...
Persistent link: https://www.econbiz.de/10013366085
Services is the fastest-growing sector of today's global economy and trade in services is the most dynamic segment of world trade. However, its potential remains constrained by a variety of barriers: trade costs are estimated to be almost double those in goods, and more than 40% of trade costs...
Persistent link: https://www.econbiz.de/10013544082
It is argued that compared with large countries, small countries rely more on trade and therefore they are more likely to adopt liberal trading policies. The present paper extends this idea beyond the conventional trade openness measures by analyzing the relationship between country size and the...
Persistent link: https://www.econbiz.de/10010555545
State enterprises (SEs) have been increasingly competing with private firms in international markets, in terms of both cross-border trade and FDI. Given both the potentially positive contribution internationally trading and investing SEs can make, as well as the concerns raised about their...
Persistent link: https://www.econbiz.de/10011695360