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Trade in the presence of endogenous intermediation in an asymmetric world / by Cillian Ryan. : C23-328/1988E-PDF

"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.

Lien permanent pour cette publication :
publications.gc.ca/pub?id=9.958534&sl=1

Renseignements sur la publication
Ministère/Organisme
  • Institute for Research on Public Policy, issuing body.
TitreTrade in the presence of endogenous intermediation in an asymmetric world / by Cillian Ryan.
Titre de la série
  • Series on trade in services
Type de publicationMonographie
Langue[Anglais]
FormatTexte numérique
Document électronique
Note(s)
  • "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).
Information sur la publication
  • Victoria, British Columbia : Institute for Research on Public Policy, June, 1988.
Auteur / Contributeur
  • Ryan, Cillian, author.
Description1 online resource (36 pages) : graphs.
Numéro de catalogue
  • C23-328/1988E-PDF
Descripteurs
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