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
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Englisch
- Erschienen in
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Series: Working Papers in Economics ; No. 2018-09
- Klassifikation
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Wirtschaft
Trade Policy; International Trade Organizations
Empirical Studies of Trade
Economic Integration
- Thema
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Service trade
trade liberalisation
gravity equation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kern, Milena
Paetzold, Jörg
Winner, Hannes
- Ereignis
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Veröffentlichung
- (wer)
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University of Salzburg, Department of Social Sciences and Economics
- (wo)
-
Salzburg
- (wann)
-
2018
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Kern, Milena
- Paetzold, Jörg
- Winner, Hannes
- University of Salzburg, Department of Social Sciences and Economics
Entstanden
- 2018