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The paper argues that measuring revealed comparative advantages (RCA) in international trade in services cannot be straightforwardly compared to RCA in trade in goods. The essential difference is that services are internationally exchanged not only by cross-border trade mainly subject to...
Persistent link: https://www.econbiz.de/10010313914
The paper argues that measuring revealed comparative advantages (RCA) in international trade in services cannot be straightforwardly compared to RCA in trade in goods. The essential difference is that services are internationally exchanged not only by cross-border trade mainly subject to...
Persistent link: https://www.econbiz.de/10008520118
Since the mid-1980s a substantial body of research has taken shape on trade in services. Much of this is inspired by the WTO or regional trade agreements, especially the EU. However, an increasing number of papers focus on the impacts of unilateral services sector liberalization. The literature...
Persistent link: https://www.econbiz.de/10009239689
This article will analyze the interplay between capital movements and trade in services as structured in World Trade Organization (WTO) law, and it will assess the implications of the capital account liberalization for the freedom of WTO Members to pursue their economic policies. Although the...
Persistent link: https://www.econbiz.de/10013085692
This study aims to investigate the normative and economic implications of multilateral market openings and regulatory harmonisation of the global services sectors beyond the bilateral and WTO/GATS frameworks. The mobile communications industry serves as the initial benchmark analysis in order to...
Persistent link: https://www.econbiz.de/10012906731
We develop a simple endogenous growth model with two countries, North that innovates, and South. As in Dinopoulos and Segerstrom (1999), trade liberalization raises wage inequality through stimulating Ramp;D activity. However, the consequences of North-South trade become ambiguous when a service...
Persistent link: https://www.econbiz.de/10012760879
By reducing the costs of such trade services as transport, insurance, and finance, liberalizing trade in services can generate benefits in the markets for every kind of trade they facilitate. It can also stimulate the fragmentation of production of both goods and services, thus increasing...
Persistent link: https://www.econbiz.de/10012748738
Services are a major component of global gross domestic product and employment, and a rising component of global trade and investment flows. This is the largest sector of the Indian economy contributing significantly to economic growth and foreign investment flows. India is among the top ten...
Persistent link: https://www.econbiz.de/10011747598
This study has two components: identification of concrete examples of services exports by developing countries, and quantitative studies on the gains from services liberalisation. While the study is by no means comprehensive, and is subject to many limitations, two fundamental findings emerge....
Persistent link: https://www.econbiz.de/10014055342
This paper seeks to explore the transboundary movement of labor, in connection with services provision and the World Trade Organization's (WTO) General Agreement on Trade in Services (GATS). This paper seeks to explore how the further liberalization of trade in services, specifically the...
Persistent link: https://www.econbiz.de/10014069594