Trade and Economic Effects of IRC

Abstract

This paper is published under the responsibility of the Secretary-General of the OECD. The opinions expressed and the arguments employed herein do not necessarily reflect the official views of OECD countries. The publication of this paper has been authorised by Ken Ash, Director of the Trade and Agriculture Directorate. This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law. This document has been declassified on the responsibility of the Working Party of the Trade Committee under the OECD reference number under the OECD reference number TAD/TC/WP(2018)6/FINAL.

The costs of regulatory barriers to trade in services: New estimates of ad valorem tariff equivalents

“…For example, in communications services, the average intra-EEA STRI has a value of 0.06, while the average MFN-STRI of EEA members has a value of 0.19. 22 Despite the negative (and insignificant) coefficient on the EEA dummy, this indicates that EEA members would trade 29% more with another EEA member than with a third country that is not in the EEA and does not have a special agreement with the EU but has otherwise identical characteristics. 23 The consumption of services from domestic sources is substantially higher than services imports in all sectors.…”

The costs of regulatory barriers to trade in services

“…For example, in communications services, the average intra-EEA STRI has a value of 0.06, while the average MFN-STRI of EEA members has a value of 0.19. 22 Despite the negative (and insignificant) coefficient on the EEA dummy, this indicates that EEA members would trade 29% more with another EEA member than with a third country that is not in the EEA and does not have a special agreement with the EU but has otherwise identical characteristics. 23 Table 1.…”