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043 |an-cn---
0861 |aC23-328/1988E-PDF
1001 |aRyan, Cillian, |eauthor.
24510|aTrade in the presence of endogenous intermediation in an asymmetric world / |cby Cillian Ryan.
264 1|aVictoria, British Columbia : |bInstitute for Research on Public Policy, |cJune, 1988.
300 |a1 online resource (36 pages) : |bgraphs.
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
4900 |aSeries on trade in services
500 |a"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.
500 |aDigitized edition from print [produced by Innovation, Science and Economic Development Canada].
504 |aIncludes bibliographical references (pages 35-36).
5203 |a"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.
650 0|aCommerce|xEconometric models.
650 0|aIntermediation (Finance)|zCanada|xEconometric models.
650 6|aCommerce|xModèles économétriques.
650 6|aIntermédiation financière|zCanada|xModèles économétriques.
7102 |aInstitute for Research on Public Policy, |eissuing body.
85640|qPDF|s1.15 MB|uhttps://publications.gc.ca/collections/collection_2026/isde-ised/c23/C23-328-1988-eng.pdf