Arbeitspapier

Cutting red tape for trade in services

Trade in services is often hampered by domestic administrative barriers, even when countries are members of the same regional trade agreement. We exploit a large reform in the European Union (the EU Service Directive) targeted to reduce such administrative hurdles in cross-border service provision to estimate its effects on service trade. We employ a difference-in-difference strategy and a Pseudo Poisson Maximum Likelihood (PPML) panel approach to estimate gravity equations with multiple high-dimensional fixed effects. On average, the reform increased intra-EU trade in targeted services by about 40%. This effect of the reform on trade volume is corroborated by several robustness and placebo checks. Finally, a disaggregated analysis reveals significant differences between countries and service sectors.

Sprache
Englisch

Erschienen in
Series: Working Papers in Economics ; No. 2018-09

Klassifikation
Wirtschaft
Trade Policy; International Trade Organizations
Empirical Studies of Trade
Economic Integration
Thema
Service trade
trade liberalisation
gravity equation

Ereignis
Geistige Schöpfung
(wer)
Kern, Milena
Paetzold, Jörg
Winner, Hannes
Ereignis
Veröffentlichung
(wer)
University of Salzburg, Department of Social Sciences and Economics
(wo)
Salzburg
(wann)
2018

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Kern, Milena
  • Paetzold, Jörg
  • Winner, Hannes
  • University of Salzburg, Department of Social Sciences and Economics

Entstanden

  • 2018

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