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  • 1
    Language: English
    Pages: 1 Online-Ressource (circa 73 Seiten) , Illustrationen
    Series Statement: OECD trade policy papers no. 193
    Keywords: Dienstleistungshandel ; Handelshemmnisse ; Wettbewerb ; Außenwirtschaftspolitik ; Brasilien ; Trade ; Brazil ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: This paper highlights the large contribution of services to the Brazilian economy and the under-exploited potential of services to sustain productivity gains and international competitiveness. The areas with the largest potential for regulatory reform include improvements in the general business and trading environment as well as specific policies in transport sectors, telecoms and financial services. Reforms targeting services that add value by favouring productivity and quality enhancements, as well as services that increase efficiency by reducing production costs, have strong potential to unlock manufacturing performance. The set of proposed recommendations emerging from this analysis underlines the importance of streamlining sector-level regulatory frameworks to encourage foreign entry and competition, and the role that cross-cutting improvements in the trade and business environment would play to render services providers more competitive.
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  • 2
    Language: English
    Pages: Online-Ressource (56 S.) , graph. Darst.
    Series Statement: OECD trade policy papers 161
    Keywords: Außenwirtschaftspolitik ; Betriebliche Wertschöpfung ; Internationale Arbeitsteilung ; Effektive Protektion ; Regionale Wirtschaftsintegration ; Kanada ; Trade ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur ; Fallstudie
    Abstract: Taking global value chains (GVCs) into account has important implications for trade policy. When production is vertically fragmented and trade in intermediate inputs is prevalent, one has to look differently at a certain number of issues. Through case studies, this paper provides new evidence on the incidence on services of tariffs levied on goods (case study 1) and then discusses effective rates of protection in a world of GVCs and what the removal of tariffs on intermediate inputs implies, using the example of Canada (case study 2). To illustrate how trade agreements could be made more relevant for GVCs, the paper further looks at sectoral approaches in trade negotiations through the example of the Information Technology Agreement (case study 3) and finally compares the network of regional trade agreements in force with global production networks (case study 4).
    Note: Systemvoraussetzungen: Acrobat Reader.
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  • 3
    Language: English
    Pages: Online-Ressource (41 p.)
    Series Statement: OECD Trade Policy Papers no.178
    Keywords: Trade
    Abstract: This paper uses newly released OECD data on services trade restrictions (STRI) to analyse the relationship between services trade restrictions, cross-border trade in services and trade in downstream manufactured goods. A standard gravity model is enhanced by the STRI indices in a cross-section regression analysis. Services trade restrictions are negatively associated with both imports and exports of services. The surprisingly strong effect on services exports is probably explained by a negative relationship between the STRIs and sector performance indices. Consequently, services suppliers are less competitive abroad. A negative relationship is also found between the STRI indices and exports, imports and intra-industry trade in manufactured goods. The statistical significance and the elasticities vary across services and goods sectors in ways that intuitively make sense.
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  • 4
    Language: English
    Pages: 1 Online-Ressource (circa 68 Seiten) , Illustrationen
    Series Statement: OECD trade policy papers no. 194
    Keywords: Dienstleistungshandel ; Handelsliberalisierung ; Wettbewerb ; Handelshemmnisse ; Trade ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: This report explores the relationship between services trade policies and mark-ups at the firm level, taken as a measure of competitive pressure. Restrictive regulations are found to enable firms to charge higher mark-ups in a majority of services sectors, suggesting ample scope for pro-competitive gains from trade liberalisation. Barriers to establishment consistently enable incumbent firms shielded from competition to raise their prices, while a lack of regulatory transparency and complex administrative procedures tend to add to all firms’ operating expenses. A “tax equivalent” of trade-restrictive regulations is then inferred from the abnormal price-cost margin of domestic firms in each service sector. These estimates indicate the magnitude of the welfare costs of regulatory trade restrictions across sectors and countries. The sectors with the highest average tax equivalents of STRI indices are broadcasting, construction, storage, and air and maritime transport, while those with the lowest averages are road transport, architecture and cargo-handling. There is however considerable variation between countries in all sectors.
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  • 5
    Language: English
    Pages: 1 Online-Ressource (circa 79 Seiten) , Illustrationen
    Series Statement: OECD trade policy papers no. 210
    Keywords: Dienstleistungshandel ; Wirtschaftsdaten ; Ausländische Tochtergesellschaft ; Regulierung ; Wettbewerb ; Produktivitätsentwicklung ; Handelsliberalisierung ; Belgien ; Finnland ; Deutschland ; Italien ; Japan ; Schweden ; Großbritannien ; USA ; Trade ; Amtsdruckschrift ; Graue Literatur
    Abstract: This report presents evidence on how services trade restrictions influence the decisions and performance of firms engaged in international markets, drawing on micro-data from Belgium, Finland, Germany, Italy, Japan, Sweden, the United Kingdom, and the United States. It first describes the patterns of services exports and affiliate sales at the firm level, uncovering a number of stylised facts about the firms engaged in international trade in services, their choices of modes of supply and the links between services trade and manufacturing activities. The report then relates these outcomes to services trade policy barriers in destination markets as measured by the OECD STRI. It demonstrates that complex and restrictive regulatory environments limit the volume of services that firms are able to trade as well as the number of firms that engage with those markets. Hence services trade restrictions reflect not only ad valorem trade costs, but also fixed and sunk costs. Such barriers do not affect all firms equally. Restrictive services trade regulations disproportionately discourage SMEs. Size, productivity and previous exporting experience appear to be decisive factors in dealing with at-the-border and behind-the-border trade barriers. Finally, the cost of regulatory compliance is lower for foreign-owned firms with headquarters located in the export destination country and for firms that trade bundles of services and manufacturing products, than it is for pure services exporters.
    URL: Volltext  (lizenzpflichtig)
    URL: Volltext  (lizenzpflichtig)
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  • 6
    Language: English
    Pages: 1 Online-Ressource (circa 70 Seiten) , Illustrationen
    Series Statement: OECD economic policy paper no. 27 (September 2019)
    Series Statement: OECD Economic Policy Papers no.27
    Keywords: Economics ; Amtsdruckschrift ; Graue Literatur
    Abstract: This paper was prepared in support of Japan’s G20 Presidency. It takes stock of ongoing and projected population ageing across G20 economies and its far-reaching implications for economic growth, productivity, inequality within and between generations and the sustainability of public finances. Rising old-age dependency ratios will put the financing of adequate pensions, health and long-term care under high pressure. The paper provides recommendations on policy responses to address ageing-related challenges and highlights good practices. A comprehensive approach is needed, tailored to each country’s institutional and policy settings and social preferences, and may span many areas of public policy: improving the design of public pensions, incentivising private savings, enhancing the efficiency of health care provision, expanding the coverage of social security systems, promoting employability and skills of older workers, and striving for a better labour market inclusion of women, youth and migrants.
    Note: Zusammenfassung in französischer Sprache
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  • 7
    Language: English
    Pages: Online-Ressource (51 S.) , graph. Darst.
    Series Statement: OECD trade policy papers 175
    Keywords: Finanzdienstleistung ; Dienstleistungshandel ; Handelshemmnisse ; Indexberechnung ; Finance and Investment ; Trade ; Amtsdruckschrift ; Arbeitspapier ; Graue Literatur
    Abstract: This paper presents the services trade restrictiveness indices (STRIs) for financial services. The STRIs are composite indices taking values between zero and one, zero representing an open market and one a market completely closed to foreign services providers. The indices are calculated for 40 countries, the 34 OECD members and Brazil, China, India, Indonesia, Russia and South Africa. The STRIs capture de jure restrictions. This report presents the first vintage of indicators for commercial banking and insurance services and captures regulations in force in 2013. The scores in commercial banking range between 0.06 and 0.55, with a sample average of 0.19. The scores in insurance services range between 0.05 and 0.63, with a sample average of 0.20. The results are mainly driven by restrictions on market entry, where significant impediments remain in the form of foreign equity limits, restrictions on legal form, discriminatory licensing criteria and restrictions on cross-border transactions. Barriers to competition, including regulation of products and prices and preferential treatment granted to state-owned financial institutions, also make a substantive contribution to the index values. The paper presents the list of measures included in the indices, the scoring and weighting system for calculating the indices and an analysis of the results.
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  • 8
    Language: English
    Pages: 1 Online-Ressource (circa 43 Seiten) , Illustrationen
    Series Statement: OECD Economics Department working papers no. 1473
    Keywords: Zahlungsbilanz ; Außenwirtschaftliches Gleichgewicht ; Außenwirtschaftspolitik ; Handelshemmnisse ; Wechselkurs ; Sparen ; Auslandsinvestition ; Produktivitätsentwicklung ; Handelsliberalisierung ; Wohlfahrtsanalyse ; Welt ; Economics ; Amtsdruckschrift ; Graue Literatur
    Abstract: Global trade imbalances narrowed in the aftermath of the global financial crisis. They have remained at a lower level but are still of concern to policy makers because of the risks they pose to individual economies, as well as globally. However, the ultimate causes of these imbalances are not fully clear. Current account positions reflect the gap between national saving and investment, which are in turn affected by policy distortions, including in trade policy. Simulations of the OECD’s METRO model show liberalisation of existing trade distortions would modestly narrow aggregate trade imbalances in the medium term for some countries. Reducing tariffs, non-tariff measures and the combined market access and productivity-enhancing effects of pro-competitive measures in services all have some rebalancing potential. Liberalisation would also offer economically significant income gains for all countries. By contrast, narrowing trade imbalances using trade restrictions would come at disproportionately high economic costs for all countries.
    Note: Zusammenfassung in französischer Sprache
    URL: Volltext  (lizenzpflichtig)
    URL: Volltext  (lizenzpflichtig)
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