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, the quantitative effect of RTAs under GATS (General Agreement on Trade in Services) Article V has not been sufficiently …-specific and time-varying importer and exporter fixed effects. We find that (i) the RTAs under GATS Article V create services trade …
Persistent link: https://www.econbiz.de/10008476378
General Agreement on Trade in Services (GATS), one of the legal documents in the Appendix to the agreement that had … the regulations and arrangements thereof in the framework of GATS and the second section discusses the obstructions to the …
Persistent link: https://www.econbiz.de/10011114197
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...
Persistent link: https://www.econbiz.de/10005789533
regulations are likely to place new hurdles on the marine exports emerging from developing economies like India. In the light of … the above, we attempt to discuss the impact of WTO-GATS on the Indian Marine Trade and Service industry, analyze the … challenges faced by the developing countries, and suggest way-outs to respond them. Many other WTO-GATS related aspects have …
Persistent link: https://www.econbiz.de/10005789535
relationship between the domestic saving and investment rates in India by controlling for the level of financial liberalization … of financial liberalization affects the saving-investment relationship remains unclear. This paper examines the dynamic … resources to be channeled to investment activities. …
Persistent link: https://www.econbiz.de/10005835774
1980s. This instability is a result of an investment-growth asymmetry that flows from a combination of a services …-intensive growth pattern and a manufacturing-intensive investment pattern. These in turn reflect the pattern of demand expansion within … the domestic economy as well as in external markets and also the reliance on private corporate investment as the driver of …
Persistent link: https://www.econbiz.de/10008497688
The paper investigates whether the effects of monetary policy on firm investment can be transmitted through leverage …. The findings indicate that monetary contractions reduce investment for highly leveraged firms. The estimates imply that a … 1percentage point increase in leverage reduces investment by 0.109 percent through leverage. Robustness tests broadly …
Persistent link: https://www.econbiz.de/10005089318
cash and its equivalents even in the presence of potential investment opportunities. This suggests that establishing a …
Persistent link: https://www.econbiz.de/10008611589
to the WTO GATS, as service industries. All of this, eventually, allows for the presentation of certain conclusions …
Persistent link: https://www.econbiz.de/10005616726
Abstract This paper analyzes the relationship between regional trade integration and trade costs in services industries. The empirical analysis relies, on the one hand, on a dataset of theory-consistent bilateral trade costs calculated for 55 countries over the period 1999-2009 and, on the other...
Persistent link: https://www.econbiz.de/10011259729