Liberalizing services trade in APEC: a general equilibrium analysis with imperfect competition
The paper studies services‐sector trade liberalization in the Asia–Pacific Economic Co‐operation (APEC) Forum using a global, multicountry, multisector applied general equilibrium model with an imperfectly competitive service sector. Reducing the service sector’s nontariff barriers is modeled by eli...
| Autores principales: | , |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
Wiley
2000
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/156155 |
| _version_ | 1855525887000182784 |
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| author | Diao, Xinshen Benjamin, Nancy C. |
| author_browse | Benjamin, Nancy C. Diao, Xinshen |
| author_facet | Diao, Xinshen Benjamin, Nancy C. |
| author_sort | Diao, Xinshen |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | The paper studies services‐sector trade liberalization in the Asia–Pacific Economic Co‐operation (APEC) Forum using a global, multicountry, multisector applied general equilibrium model with an imperfectly competitive service sector. Reducing the service sector’s nontariff barriers is modeled by eliminating the possibility for oligopolistic firms to price‐discriminate between client countries within APEC and lowering the fixed costs of the firms doing service exporting business. The results suggest that services trade liberalization reinforces existing sectoral trade balances. Increase in demand for intermediate services tends to reinforce rather than counteract the role of primary factors in determining sectoral comparative advantage. The western APEC members received the greatest welfare gains from services trade liberalization, while the developing economies gained more if only tariffs were eliminated. |
| format | Journal Article |
| id | CGSpace156155 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2000 |
| publishDateRange | 2000 |
| publishDateSort | 2000 |
| publisher | Wiley |
| publisherStr | Wiley |
| record_format | dspace |
| spelling | CGSpace1561552024-10-24T12:43:21Z Liberalizing services trade in APEC: a general equilibrium analysis with imperfect competition Diao, Xinshen Benjamin, Nancy C. trade The paper studies services‐sector trade liberalization in the Asia–Pacific Economic Co‐operation (APEC) Forum using a global, multicountry, multisector applied general equilibrium model with an imperfectly competitive service sector. Reducing the service sector’s nontariff barriers is modeled by eliminating the possibility for oligopolistic firms to price‐discriminate between client countries within APEC and lowering the fixed costs of the firms doing service exporting business. The results suggest that services trade liberalization reinforces existing sectoral trade balances. Increase in demand for intermediate services tends to reinforce rather than counteract the role of primary factors in determining sectoral comparative advantage. The western APEC members received the greatest welfare gains from services trade liberalization, while the developing economies gained more if only tariffs were eliminated. 2000-02 2024-10-24T12:43:21Z 2024-10-24T12:43:21Z Journal Article https://hdl.handle.net/10568/156155 en Limited Access Wiley Diao, Xinshen; Benjamin, Nancy C. 2000. Liberalizing services trade in APEC: a general equilibrium analysis with imperfect competition. Pacific Economic Review 5(1): 49-76. https://doi.org/10.1111/1468-0106.00088 |
| spellingShingle | trade Diao, Xinshen Benjamin, Nancy C. Liberalizing services trade in APEC: a general equilibrium analysis with imperfect competition |
| title | Liberalizing services trade in APEC: a general equilibrium analysis with imperfect competition |
| title_full | Liberalizing services trade in APEC: a general equilibrium analysis with imperfect competition |
| title_fullStr | Liberalizing services trade in APEC: a general equilibrium analysis with imperfect competition |
| title_full_unstemmed | Liberalizing services trade in APEC: a general equilibrium analysis with imperfect competition |
| title_short | Liberalizing services trade in APEC: a general equilibrium analysis with imperfect competition |
| title_sort | liberalizing services trade in apec a general equilibrium analysis with imperfect competition |
| topic | trade |
| url | https://hdl.handle.net/10568/156155 |
| work_keys_str_mv | AT diaoxinshen liberalizingservicestradeinapecageneralequilibriumanalysiswithimperfectcompetition AT benjaminnancyc liberalizingservicestradeinapecageneralequilibriumanalysiswithimperfectcompetition |