G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7912
DP7912 Modes of Delivery in Services
Joseph Francois; Elisabeth Christen
发表日期2010-07-01
出版年2010
语种英语
摘要We develop a new analytical framework for both cross-border services trade and services trade through foreign affiliates, based on heterogeneous firms operating under oligopoly. This leads to direct predictions about choice of services delivery (mode of delivery) at the firm level, and about the pattern of bilateral trade at the industry level. We examine the industry-level predictions, working with a panel of U.S. data. Unlike the recent literature that works with FDI as a proxy for affiliate services sales, we work directly with data on bilateral U.S. trade through affiliates. These data feature more sector detail than in the recent literature. We also directly compare observed patterns of services trade and affiliate sales with the corresponding indicators of patterns of cross-border and affiliate sales for manufacturing sectors. In contrast to mixed results in manufac- turing, in services overseas multinational activities consistently increase relative to direct exports the further away are host countries. Language and the presence of manufacturing FDI are also important. The impact of factors like corporate tax rates and relative stocks of human capital on modes of service delivery varies across sectors. The evidence on interdependence across modes and the importance of local affiliates implies that the impact of policy in any one mode is likely to depend on the mix of domestic regulation and policy across all modes of supply.
主题International Trade and Regional Economics
关键词Fdi Foreign affiliate sales Gats International trade in services Modes of supply
URLhttps://cepr.org/publications/dp7912
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/536749
推荐引用方式
GB/T 7714
Joseph Francois,Elisabeth Christen. DP7912 Modes of Delivery in Services. 2010.
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