GTAP Resources: Resource Display
| GTAP Resource #5842 |
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"Quantifying the costs of regulatory barriers to trade in services: New estimates of ad valorem equivalents based on the OECD STRI" by Benz, Sebastian and Alexander Jaax Abstract This paper exploits information from the OECD Services Trade Restrictiveness Index (STRI) for the period of 2014-2016 to estimate ad valorem equivalents (AVEs) of services trade barriers for 44 countries. Drawing on longitudinal data on regulatory measures affecting cross-border trade in services, our econometric approach controls for multilateral resistance terms and time fixed effects. We also control for the depth of services provisions in bilateral agreements. AVEs are computed for 5 services sectors, with a new dataset on regulatory barriers within the European Economic Area (EEA) allowing for the additional calculation of AVEs for services trade between EEA member countries. Results indicate that the median AVE for trade in financial services is around 130% and around 100% for communication, business services and transport services. Within the EEA, median AVEs for all four sectors lie between 20% and 30%. Trade costs in insurance services are somewhat lower, the median being 5% within the EEA and 60% for other country pairs. |
| Resource Details (Export Citation) | GTAP Keywords | ||||||||||||||||
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- Multilateral trade negotiations - Non-Tariff barriers - Non-Tariff measures in services - Preferential trading arrangements - Trade in services |
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If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.
Public Access  Benz and Jaax 2019_AVE_estimation_GTAP Resource 5842 (711.1 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 6/23/2025 2:25:40 PM
