Measuring competition in services markets with pass-through and speed of adjustment:
Making trade work for all and harnessing popular support for openness to trade depends on consumers benefitting from lower prices and broader product variety. The present study reveals that those benefits depend on competition in services markets, in particular in telecommunication. These findings r...
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| Weitere Verfasser: | , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2021
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| Schriftenreihe: | OECD Trade Policy Papers
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| Schlagworte: | |
| Online-Zugang: | UBA01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 TUM01 FHI01 UBM01 Volltext |
| Zusammenfassung: | Making trade work for all and harnessing popular support for openness to trade depends on consumers benefitting from lower prices and broader product variety. The present study reveals that those benefits depend on competition in services markets, in particular in telecommunication. These findings result from employing an industrial organisation framework to estimate the transmission of prices from the world market to consumers of certain services in local markets (distribution, transport, and financial services). The OECD Services Trade Restrictiveness Index (OECD STRI) is used to explore the relationship between the pass-through rate of input prices to consumer prices and policy measures that capture the openness and strength of competition in services markets. The OECD STRI in telecommunications is found to be associated with a more complete and faster pass-through of prices in all markets studied. The results also illustrate the crucial role played by the internet in allowing for price comparisons that generate competitive pressure on distributors |
| Beschreibung: | 1 Online-Ressource (36 Seiten) 21 x 28cm |
| DOI: | 10.1787/10d92b8d-en |
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Datensatz im Suchindex
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| index_date | 2024-07-03T19:34:54Z |
| indexdate | 2024-07-10T09:25:27Z |
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| spelling | Gonzales, Frédéric Verfasser aut Measuring competition in services markets with pass-through and speed of adjustment Frédéric Gonzales, Hildegunn Kyvik Nordås and Michel Lioussis Paris OECD Publishing 2021 1 Online-Ressource (36 Seiten) 21 x 28cm txt rdacontent c rdamedia cr rdacarrier OECD Trade Policy Papers Making trade work for all and harnessing popular support for openness to trade depends on consumers benefitting from lower prices and broader product variety. The present study reveals that those benefits depend on competition in services markets, in particular in telecommunication. These findings result from employing an industrial organisation framework to estimate the transmission of prices from the world market to consumers of certain services in local markets (distribution, transport, and financial services). The OECD Services Trade Restrictiveness Index (OECD STRI) is used to explore the relationship between the pass-through rate of input prices to consumer prices and policy measures that capture the openness and strength of competition in services markets. The OECD STRI in telecommunications is found to be associated with a more complete and faster pass-through of prices in all markets studied. The results also illustrate the crucial role played by the internet in allowing for price comparisons that generate competitive pressure on distributors Trade Nordås, Hildegunn Kyvik ctb Lioussis, Michel ctb https://doi.org/10.1787/10d92b8d-en Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Gonzales, Frédéric Measuring competition in services markets with pass-through and speed of adjustment Trade |
| title | Measuring competition in services markets with pass-through and speed of adjustment |
| title_auth | Measuring competition in services markets with pass-through and speed of adjustment |
| title_exact_search | Measuring competition in services markets with pass-through and speed of adjustment |
| title_exact_search_txtP | Measuring competition in services markets with pass-through and speed of adjustment |
| title_full | Measuring competition in services markets with pass-through and speed of adjustment Frédéric Gonzales, Hildegunn Kyvik Nordås and Michel Lioussis |
| title_fullStr | Measuring competition in services markets with pass-through and speed of adjustment Frédéric Gonzales, Hildegunn Kyvik Nordås and Michel Lioussis |
| title_full_unstemmed | Measuring competition in services markets with pass-through and speed of adjustment Frédéric Gonzales, Hildegunn Kyvik Nordås and Michel Lioussis |
| title_short | Measuring competition in services markets with pass-through and speed of adjustment |
| title_sort | measuring competition in services markets with pass through and speed of adjustment |
| topic | Trade |
| topic_facet | Trade |
| url | https://doi.org/10.1787/10d92b8d-en |
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