Services Trade and Domestic Regulation:
This paper argues that regulatory measures affect the fixed cost of entering a market as well as the variable costs of servicing that market. Moreover, differences in regulation among countries often imply that firms have to incur entry costs in every new market. Indicators of regulatory intensity a...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2007
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| Schriftenreihe: | OECD Trade Policy Papers
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| Schlagworte: | |
| Online-Zugang: | kostenfrei |
| Zusammenfassung: | This paper argues that regulatory measures affect the fixed cost of entering a market as well as the variable costs of servicing that market. Moreover, differences in regulation among countries often imply that firms have to incur entry costs in every new market. Indicators of regulatory intensity and heterogeneity are introduced in a gravity model and their impact on market entry and subsequent trade flows estimated for total services, business services and financial services. It is found that regulatory heterogeneity has a relatively large negative impact on both market entry and subsequent trade flows. Further, regulatory barriers have a negative effect on the local services sectors' export performance. Finally it is found that regulations that aims at correcting market failure can have a positive impact on trade. It is concluded that services trade liberalization and regulatory reforms are complementary in creating competitive services markets |
| Beschreibung: | 1 Online-Ressource (53 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/154365452587 |
Internformat
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| 520 | |a This paper argues that regulatory measures affect the fixed cost of entering a market as well as the variable costs of servicing that market. Moreover, differences in regulation among countries often imply that firms have to incur entry costs in every new market. Indicators of regulatory intensity and heterogeneity are introduced in a gravity model and their impact on market entry and subsequent trade flows estimated for total services, business services and financial services. It is found that regulatory heterogeneity has a relatively large negative impact on both market entry and subsequent trade flows. Further, regulatory barriers have a negative effect on the local services sectors' export performance. Finally it is found that regulations that aims at correcting market failure can have a positive impact on trade. It is concluded that services trade liberalization and regulatory reforms are complementary in creating competitive services markets | ||
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Datensatz im Suchindex
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| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| doi_str_mv | 10.1787/154365452587 |
| format | Electronic eBook |
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| id | DE-604.BV047935473 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T19:35:04Z |
| indexdate | 2024-12-18T19:04:07Z |
| institution | BVB |
| language | English |
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| physical | 1 Online-Ressource (53 Seiten) 21 x 29.7cm |
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| publisher | OECD Publishing |
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| series2 | OECD Trade Policy Papers |
| spelling | Kox, Henk Verfasser aut Services Trade and Domestic Regulation Henk Kox and Hildegunn Kyvik Nordås Paris OECD Publishing 2007 1 Online-Ressource (53 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Trade Policy Papers This paper argues that regulatory measures affect the fixed cost of entering a market as well as the variable costs of servicing that market. Moreover, differences in regulation among countries often imply that firms have to incur entry costs in every new market. Indicators of regulatory intensity and heterogeneity are introduced in a gravity model and their impact on market entry and subsequent trade flows estimated for total services, business services and financial services. It is found that regulatory heterogeneity has a relatively large negative impact on both market entry and subsequent trade flows. Further, regulatory barriers have a negative effect on the local services sectors' export performance. Finally it is found that regulations that aims at correcting market failure can have a positive impact on trade. It is concluded that services trade liberalization and regulatory reforms are complementary in creating competitive services markets Trade Nordås, Hildegunn Kyvik ctb https://doi.org/10.1787/154365452587 Verlag kostenfrei Volltext |
| spellingShingle | Kox, Henk Services Trade and Domestic Regulation Trade |
| title | Services Trade and Domestic Regulation |
| title_auth | Services Trade and Domestic Regulation |
| title_exact_search | Services Trade and Domestic Regulation |
| title_exact_search_txtP | Services Trade and Domestic Regulation |
| title_full | Services Trade and Domestic Regulation Henk Kox and Hildegunn Kyvik Nordås |
| title_fullStr | Services Trade and Domestic Regulation Henk Kox and Hildegunn Kyvik Nordås |
| title_full_unstemmed | Services Trade and Domestic Regulation Henk Kox and Hildegunn Kyvik Nordås |
| title_short | Services Trade and Domestic Regulation |
| title_sort | services trade and domestic regulation |
| topic | Trade |
| topic_facet | Trade |
| url | https://doi.org/10.1787/154365452587 |
| work_keys_str_mv | AT koxhenk servicestradeanddomesticregulation AT nordashildegunnkyvik servicestradeanddomesticregulation |