Arbeitspapier

CGE Modeling of Market Access in Services

This paper examines how the applied multi-sector computable general equilibrium (CGE) literature has moved into quantification of the impacts of greater market access for services. This includes discussion of multisector linkages to the service sector, as well both measuring barriers to trade and investment (generally with a mix of firm surveys, price comparisons, and econometrics), and how changes in these barriers, however measured, have been implemented in the CGE literature. Three challenges are highlighted. The first is identification of how trade in services takes place and how market access is therefore affected by policy. The second is to find data sufficiently robust for modeling purposes. The third, linked to the data problem, is to quantify the barriers to be examined. Significant progress has been made in modeling foreign direct investment and linking this to productivity, which turns out to be important. The paper also provides an example of modeling productivity linkages to openness and domestic regulation, with an applied CGE model of Italy. This illustrates cross-sector linkages and the integration of economic data and policy measures to define service sector experiments. Priorities for future research include better modeling of market structure, the linkages between sectors and the complementarities between different modes of supplying services.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 1208

Klassifikation
Wirtschaft
Trade: General
Thema
Trade in services
nontariff measures
nontariff barriers
regulation
FDI
productivity
liberalization
CGE.
Internationaler Dienstleistungsverkehr
Nichttarifäre Handelshemmnisse
Direktinvestition
Produktivität
Außenhandelsliberalisierung
CGE-Modelling
Allgemeines Gleichgewicht
Italien

Ereignis
Geistige Schöpfung
(wer)
Christen, Elisabeth M.
Francois, Joseph
Hoekman, Bernard
Ereignis
Veröffentlichung
(wer)
Johannes Kepler University of Linz, Department of Economics
(wo)
Linz
(wann)
2012

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Christen, Elisabeth M.
  • Francois, Joseph
  • Hoekman, Bernard
  • Johannes Kepler University of Linz, Department of Economics

Entstanden

  • 2012

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