There is some evidence suggesting a positive effect of services trade liberalisation on the productivity of manufacturing. This column argues that such an effect is conditional on the institutions within a country. Countries with better economic governance benefit more from open services trade policies. Higher quality institutions attract more productive services providers and support higher levels of services performance.
Cosimo Beverelli, Matteo Fiorini, Bernard Hoekman, 16 October 2015
Most Read
Vox eBooks
Vox Talks
Events
-
17 - 17 February 2020 / /
-
19 - 19 February 2020 / Milan, Italy / SUERF and UniCredit Foundation
-
13 - 13 March 2020 / London / UK Network for Environmental Economists
-
20 - 20 March 2020 / University of Paris Nanterre / EconomiX-CNRS and the Doctoral School EOS (Université Paris Ouest - Nanterre La Défense), CeReFiM (University of Namur), LFIN (Université Catholique de Louvain-Louvain School of Management) and LEO (Université d'Orléans)
-
25 - 26 March 2020 / London, United Kingdom / Bank of England, CEPR and Imperial College
