EconPapers    
Economics at your fingertips  
 

Estimating the general equilibrium effects of services trade liberalization

Camille Reverdy

Review of International Economics, 2023, vol. 31, issue 2, 493-521

Abstract: The intangible nature of services and the lack of disaggregated trade data increase the difficulties involved in assessing the impediments to cross‐border trade in services. In an attempt to reduce the information gap existing in services trade, this article estimates the impact of trade barriers along with the conditional and general equilibrium responses to the partial liberalization of services trade, using structural gravity. Using data collected by the OECD, I find that the level of restrictiveness applied by an importing country has a negative and significant impact on trade; however, this impact is heterogeneous across services sectors. By focusing on eight services sectors, I find that the partial liberalization of services trade will cause real income to increase by, on average, 4.8%. The most restrictive countries are the largest winners of the partial liberalization of services trade, benefiting from the availability of less expensive sources and an increase in their attractiveness as a source.

Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/roie.12635

Related works:
Working Paper: Estimating the general equilibrium effects of services trade liberalization (2022)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:reviec:v:31:y:2023:i:2:p:493-521

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0965-7576

Access Statistics for this article

Review of International Economics is currently edited by E. Kwan Choi

More articles in Review of International Economics from Wiley Blackwell
Bibliographic data for series maintained by Wiley-Blackwell Digital Licensing () and Christopher F. Baum ().

 
Page updated 2024-07-02
Handle: RePEc:bla:reviec:v:31:y:2023:i:2:p:493-521