00000cam 2200000zi 4500 9.958534 CaOODSP 20260116132030 m o d f cr cn||||||||| 251223e198806##bccd ob f000 0 eng d CaOODSP eng rda CaOODSP n-cn--- C23-328/1988E-PDF Ryan, Cillian, author. Trade in the presence of endogenous intermediation in an asymmetric world / by Cillian Ryan. Victoria, British Columbia : Institute for Research on Public Policy, June, 1988. 1 online resource (36 pages) : graphs. text txt rdacontent computer c rdamedia online resource cr rdacarrier Series on trade in services "This paper is one of a series of discussion papers on trade in services. Research in this series is supported by a grant from the Department of Regional Industrial Expansion (DRIE), Government of Canada"--Title page. Digitized edition from print [produced by Innovation, Science and Economic Development Canada]. Includes bibliographical references (pages 35-36). "This paper endogenously derives intermediation services in a general equilibrium setting. It shows that, contrary to previous suggestions, technical improvements in servicing can lead to a fall in domestic output, a rise in the size of the service sector, and an increase in all agents' welfare. It further suggests that, if there are asymmetries in production or service technology, the trading pattern under autarky may be inefficient relative to free trade due to the presence of excess capacity and "servicer self-trading". Thus, in addition to the conventional gains from free trade, there are gains due to an "as if" improvement in service technology"--Abstract. Commerce Econometric models. Intermediation (Finance) Canada Econometric models. Commerce Modèles économétriques. Intermédiation financière Canada Modèles économétriques. Institute for Research on Public Policy, issuing body. PDF 1.15 MB https://publications.gc.ca/collections/collection_2026/isde-ised/c23/C23-328-1988-eng.pdf