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In order to promote international trade in services, the WTO-GATS aims at progressively eliminating discriminatory regulations, which apply to foreign suppliers, by guaranteeing equal national treatment. This paper looks instead at the trade effect of domestic regulations, which apply to all...
Persistent link: https://www.econbiz.de/10014152959
How are rents from openness captured and shared among employers and employees located in different countries? In this paper, we derive a theoretical equation, based on rent sharing theories, linking industry wages to market shares held in different countries and then take it to the test. We...
Persistent link: https://www.econbiz.de/10014215420
Books reviewed: Peter Nolan, China at the Crossroads Hubert Strauss, Demand and Supply of Aggregate Exports of Goods and Services: Multivariate Cointegration Analyses for the United States, Canada, and Germany Horst Siebert (ed.), Macroeconomic Policies in the World Economy James R. Markusen,...
Persistent link: https://www.econbiz.de/10014065576
This article argues that trade in services has a specific feature that does not apply to trade in goods. As the traded service is partly produced where it is consumed (i.e. in the importing country), we propose that it must use interactively inputs from both the exporting and importing...
Persistent link: https://www.econbiz.de/10014067138
We analyse common stylized facts of services firms engaged in trade in a comparative study across four EU member countries. We find that, though relatively less engaged in trade than manufacturing firms, services firms have similar traits. Services firms are more likely to import than to export....
Persistent link: https://www.econbiz.de/10014156860
This article offers a new empirical explanation to the smooth adjustment of employment to openness at the industry level, observed in recent years in developing countries and some of the developed countries. In fact, we challenge the view through which trade is related to employment via a sole...
Persistent link: https://www.econbiz.de/10014084858
Market structure is usually considered to be exogenous to trade flows in most empirical studies. This paper challenges this view by showing that the formation of market structure in an open economy is very closely related to trade quantities. We provide an original method, based on bilateral...
Persistent link: https://www.econbiz.de/10014084861