Services trade, regulation, and regional integration: Evidence from sectoral data

Erik van der Marel () and Ben Shepherd

MPRA Paper from University Library of Munich, Germany

Abstract: Regulatory measures constitute a significant barrier to cross-border services trade in sectors including transport, communications, business services, insurance, and recreation. However, regulation has weaker effects on trade in financial services, distribution, and construction. Entry barriers and conduct regulations have heterogeneous effects across sectors, as do particular measures such as licensing requirements, economic needs tests, restrictions on business form, and limitations on advertising. In addition, regional trade agreements (RTAs) are trade creating in communications, finance, and distribution, but have only weak effects in other sectors. Contrary to findings for goods markets, trade diversion is relatively limited for services RTAs.

Keywords: Trade in services; Non-tariff measures; Regional integration (search for similar items in EconPapers)
JEL-codes: F13 F15 (search for similar items in EconPapers)
Date: 2011-09-07
New Economics Papers: this item is included in nep-int and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (23)

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Related works:
Journal Article: Services Trade, Regulation and Regional Integration: Evidence from Sectoral Data (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:34343

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