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Deepening the EU’s Single Market for Services
Author:
Mr. Christian H Ebeke
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Jan-Martin Frie null

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Louise Rabier null

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Series:
IMF Working Papers
Volume/Issue:
Volume 2019: Issue 269
Language:
English
Publication Date:
06 Dec 2019
DOI:
https://doi.org/10.5089/9781513520681.001
ISBN:
9781513520681
ISSN:
1018-5941
Pages:
21
Keywords:
WP; government; service trade restrictiveness; EU KLEMS; EU work force; EU Services Directive; euro area services sector; STRI EU; Services sector; Trade in services; Legal support in revenue administration; Productivity; Trade liberalization; Global
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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The services sector is increasingly important for the euro area economy, but productivity growth in the sector has stalled over the past two decades. Remaining barriers to cross-border trade in services within the EU Single Market contribute to this weak performance. Our empirical analysis suggests that slow progress in tackling these barriers is associated with political economy factors such as weak government support in parliaments, low government efficiency and high markups. To remove the cross-border restrictions on services trade, we suggest combining incentives such as financial support, technical assistance and improved communication on barriers with more effective enforcement.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund