题名: |
Modeling Services Liberalization : The Case of Kenya |
责任者: |
Balistreri, Edward J.<=>Rutherford, Thomas F.<=>Tarr, David G. |
关键词: |
Economic Theory and Research;Banks and Banking Reform;Private Sector Development;Emerging Markets;Transport Economics Policy and Planning;Finance and Financial Sector Development;Debt Markets;Transport;Macroeconomics and Economic Growth |
学科分类: |
交通运输规划与管理 |
摘要: |
This paper employs a 55 sector small open economy computable general equilibrium model of the Kenyan economy to assess the impact of the liberalization of regulatory barriers against foreign and domestic business service providers in Kenya. The model incorporates productivity effects in both goods and services markets endogenously, through a Dixit-Stiglitz framework. It estimates the ad valorem equivalent of barriers to foreign direct investment based on detailed questionnaires completed by specialists in Kenya. The authors estimate that Kenya will gain about 11 percent of the value of Kenyan consumption in the medium run (or about 10 percent of gross domestic product) from a full reform package that also includes uniform tariffs. The estimated gains increase to 77 percent of consumption in the long-run steady-state model, where the impact on the accumulation of capital from an improvement in the productivity of capital is taken into account. Decomposition exercises reveal that the largest gains to Kenya will derive from liberalization of costly regulatory barriers that are non-discriminatory in their impacts between Kenyan and multinational service providers. |
出版机构: |
World Bank |
报告类型: |
咨询报告 |
详细地址: |
http://documents.worldbank.org/curated/en/2008/03/9082578/modeling-services-liberalization-case-kenya-vol-1-o1 |
资源类型: |
科技(咨询、行业)报告 |
初始创建时间: |
2008-03 |
最新修改时间: |
2017-12-13T14:26:40Z |