Trade Effects of Service Liberalization in the EU - Simulation of Regional Macroeconomic Effects for Austria

Oliver Fritz and Gerhard Streicher

No I-005, FIW Research Reports series from FIW

Abstract: Based on simulations with a computable general equilibrium model the impacts of service liberalization policies on trade flows were estimated by wiiw. Given these trade effects resulting changes in value added and employment on a regional level were simulated using a multiregional multisectoral model for Austria (MultiREG). Because net exports changed very little, the impact of trade liberalization policies on the Austrian value added turned out to be rather small: While in the short run value added declines somewhat, the impact is positive in the long run; value added, however, increases only by 0.3 percent.

Keywords: Export; of; Services (search for similar items in EconPapers)
Pages: 20
Date: 2008-06
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Citations: View citations in EconPapers (3)

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Book: Trade Effects of Service Liberalization in the EU. Simulation of Regional Macroeconomic Effects for Austria (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:wsr:ecbook:2008:i:i-005

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