The impact of liberalizing barriers to foreign direct investment tin services : the case of Russian accession to the World Trade Organization / Jesper Jensen, Thomas F. Rutherford, and David G. Tarr.

By: Contributor(s): Material type: TextTextSeries: Policy research working papers ; no. 3391Publication details: Washington, D.C : World Bank, 2004.Description: 58p ; 27 cmSubject(s):
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Books Books Main Campus Library University of Eastern Africa, Baraton Spc HG 3881.5 .W57 no.3391 (Browse shelf(Opens below)) Available 56745

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"Jensen, Rutherford, and Tarr use a computable general equilibrium model of the Russian economy to assess the impact of accession to the World Trade Organization (WTO), which encompasses improved market access, tariff reduction and reduction of barriers against multinational service providers. They assume that foreign direct investment tin business services is necessary for multinationals to compete well with Russian business service providers, but across-border service provision is also present. The model incorporates productivity effects in both goods and services markets endogenously through a Dixit-Stiglitz framework. As a result, the estimated gains from WTO accession are much larger than would be obtained from a typical model with perfect competition. The ad valorem equivalent to barriers to foreign direct investment have been estimated based on detailed questionnaires comple

Includes bibliographical references.

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