Van Der Marel, Erik and Shepherd, Ben (2011): Services trade, regulation, and regional integration: Evidence from sectoral data.
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Regulatory measures constitute a significant barrier to cross-border services trade in sectors including transport, communications, business services, insurance, and recreation. However, regulation has weaker effects on trade in financial services, distribution, and construction. Entry barriers and conduct regulations have heterogeneous effects across sectors, as do particular measures such as licensing requirements, economic needs tests, restrictions on business form, and limitations on advertising. In addition, regional trade agreements (RTAs) are trade creating in communications, finance, and distribution, but have only weak effects in other sectors. Contrary to findings for goods markets, trade diversion is relatively limited for services RTAs.
|Item Type:||MPRA Paper|
|Original Title:||Services trade, regulation, and regional integration: Evidence from sectoral data|
|Keywords:||Trade in services; Non-tariff measures; Regional integration|
|Subjects:||F - International Economics > F1 - Trade > F15 - Economic Integration
F - International Economics > F1 - Trade > F13 - Trade Policy; International Trade Organizations
|Depositing User:||Ben Shepherd|
|Date Deposited:||27. Oct 2011 02:53|
|Last Modified:||01. Mar 2013 17:30|
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