The authors explain how the output growth effect from liberalizing the service sectors differs from the effect from liberalizing trade in goods. They also suggest using a policy-based rather than outcome-based measure of the openness of a country's service regime. They construct such openness measures for two key service sectors' basic telecommunications and financial services. Finally, the authors provide some econometric evidence--relatively strong...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2001/08/31
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Рабочий документ в рамках исследования вопросов политики
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WPS2655
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1
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1
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2010/07/01
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Measuring services trade liberalization and its impact on economic growth : an illustration
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financial service