Showing 1 - 10 of 14
More than half of the World Trade Organization (WTO)-notified services trade agreements (STAs) in effect since 2008 have involved at least one (South or Southeast) Asian trading partner. Drawing on Baier and Bergstrand's (2004) determinants of preferential trade agreements and using the World...
Persistent link: https://www.econbiz.de/10010367380
Since about a decade, we have seen a surge in interest as well as in the use of services preferentialism and unilateral services regulations. This paper provides an economic explanation of services regulation and services preferentialism, including their interaction. The paper derives hypotheses...
Persistent link: https://www.econbiz.de/10012916779
Many agreements to liberalize trade in services tend to be limited in scope. Concerns about possible negative regulatory consequences of services liberalization is one reason for this. In this paper we provide quantitative estimates of the impact of governance quality on the magnitude of the...
Persistent link: https://www.econbiz.de/10012955702
More than one-third of the World Trade Organization-notified services trade agreements that were in effect between January 2008 and August 2015 involved at least one South or Southeast Asian trading partner. Drawing on Baier and Bergstrand's (2004) determinants of preferential trade agreements...
Persistent link: https://www.econbiz.de/10012995317
Given the rise of services preferentialism in the last decade and the importance of domestic regulation for services trade, this paper examines the role of regulatory incidence and convergence as determinants of services trade agreements (STAs). Our results suggest that regulation is an...
Persistent link: https://www.econbiz.de/10014153498
This paper provides the first quantitative evidence on the restrictiveness of services policies in 2016 for a sample of developing countries, based on recently released regulatory data collected by the World Bank and WTO. We use machine learning to recreate to a high degree of accuracy the...
Persistent link: https://www.econbiz.de/10013232957
With an increasing number of Preferential Trade Agreements (PTAs) covering trade in services, we explore the impact of PTAs on services trade. To the best of our knowledge, this is the first paper in this literature that endogenizes the impact of services preferentialism in estimating the trade...
Persistent link: https://www.econbiz.de/10013116218
Persistent link: https://www.econbiz.de/10012748513
In the past, international economists have ignored trade in services, but technological progress and international trade negotiations are likely to keep liberalization of trade in services a high-profile policy issue.Until recently, trade in services was mostly ignored by international...
Persistent link: https://www.econbiz.de/10012749729
Services are regulated for a variety of reasons. Regulation is typically influenced by political economy forces and may thus at times reflect protectionist motivations. Similar considerations arise for goods, but the potential for protectionist capture may be greater in services as many sectors...
Persistent link: https://www.econbiz.de/10013020036