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Transition, regulation and trade in services

Author

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  • Metka Stare
  • Andreja Jaklič

Abstract

Market-oriented reforms launched at the beginning of the 1990s have had a profound impact on the restructuring of the service sector in transition economies. Reforms have introduced complex regulatory changes that substantially diminished the barriers to competition in services, thereby improving the supply of services. The article explores the patterns and effects of regulatory changes in the Central and Eastern European Countries (CEECs) on services exports in the period 1993--2004. The econometric analysis finds a statistically significant impact of the regulatory reforms on service exports. The effects are more significant for the period 1999--2004 and seem to suggest that efficient implementation of reforms during the accession process had beneficial consequences also for service exports. However, there is enough room for the CEECs to dismantle further the obstacles to services provision and to improve the governance of the service markets within the internal market for services.

Suggested Citation

  • Metka Stare & Andreja Jaklič, 2008. "Transition, regulation and trade in services," The Service Industries Journal, Taylor & Francis Journals, vol. 28(3), pages 277-290, April.
    • Handle: RePEc:taf:servic:v:28:y:2008:i:3:p:277-290
    DOI: 10.1080/02642060701856126
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    References listed on IDEAS

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    1. Nora Dihel & Blanka Kalinova, 2004. "Services Barriers and their Economic Impact: Examples of Banking and Telecommunications Services in Selected Transition Economies," OECD Trade Policy Papers 7, OECD Publishing.
    2. Arjan Lejour & Henk Kox & Roland de Bruijn, 2006. "The trade-induced effects of the Services Directive and the country of origin principle," CPB Document 108, CPB Netherlands Bureau for Economic Policy Analysis.
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    Cited by:

    1. Klishchuk Bogdan & Zelenyuk Valentin, 2012. "Impact of Services LIberalization on Firm Level Productivity in Eastern Europe and Central Asia," EERC Working Paper Series 12/03e, EERC Research Network, Russia and CIS.
    2. Bianka Dettmer, 2012. "The European Union's service directive: Contrasting ex ante estimates with empirical evidence," Jena Economics Research Papers 2012-019, Friedrich-Schiller-University Jena.

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