The economic impact of the Services Directive: A first assessment following implementation
AbstractThis paper estimates the economic impact of the actual implementation of the Services Directive across the Member States based on the new data on barriers to cross-border provision and to establishment for the periods before and after the Directive. It is however still an updated prediction or extrapolation exercise rather than an assessment of its full effects, because the period following the implementation of the Directive is too short to yield sufficient data. The study takes into account the domestic impact of barrier reductions on labour productivity, a novelty with respect to previous studies. It concludes that, while the likely effects of the achieved barrier reductions are large, Member States may reap yet additional significant benefits from the Directive if they continue their reform efforts. Besides the reduction of sectoral barriers, the Directive also seeks administrative simplification through the setting up of national Points of Single Contact (PSC). The study estimates an approximate possible economic impact of setting up PSC through the new establishments of service activities. Again it demonstrates that Member States can reap significant additional gains by improvements in the PSC.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission in its series European Economy - Economic Papers with number 456.
Length: 86 pages
Date of creation: Jun 2012
Date of revision:
Contact details of provider:
Postal: Coomunivcations Unit, B-1049 Bruxelles / Brussels
Fax: +32 2 298.08.23
Web page: http://ec.europa.eu/economy_finance/index_en.htm
More information through EDIRC
Find related papers by JEL classification:
- F15 - International Economics - - Trade - - - Economic Integration
- F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
- D04 - Microeconomics - - General - - - Microeconomic Policy: Formulation; Implementation; Evaluation
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-07-29 (All new papers)
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Nadine Behncke, 2013. "Assessing the impact of European Integration on sectoral trade in services," FIW Working Paper series 109, FIW.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ECFIN INFO).
If references are entirely missing, you can add them using this form.