Regional Impacts of Liberalization of Barriers against Foreign Direct Investment in Services: The Case of Russia's Accession to the WTO

In this paper, the authors develop a 10-region comparative static computable general-equilibrium model of Russia to assess the impact of accession to the World Trade Organization on the regions of Russia. The model allows for foreign direct investment in business services and endogenous productivity...

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Main Authors:	Rutherford, Thomas F., Tarr, David G.
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Trade Policy International Trade Organizations F130 Multinational Firms International Business F230 Socialist Systems and Transitional Economies: Urban, Rural, and Regional Economics P250 Socialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330 Regional Economic Activity: Growth, Development, and Changes R110
Online Access:	http://hdl.handle.net/10986/4906

id	okr-10986-4906
recordtype	oai_dc
spelling	okr-10986-49062021-04-23T14:02:20Z Regional Impacts of Liberalization of Barriers against Foreign Direct Investment in Services: The Case of Russia's Accession to the WTO Rutherford, Thomas F. Tarr, David G. Trade Policy International Trade Organizations F130 Multinational Firms International Business F230 Socialist Systems and Transitional Economies: Urban, Rural, and Regional Economics P250 Socialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330 Regional Economic Activity: Growth, Development, and Changes R110 In this paper, the authors develop a 10-region comparative static computable general-equilibrium model of Russia to assess the impact of accession to the World Trade Organization on the regions of Russia. The model allows for foreign direct investment in business services and endogenous productivity effects from additional varieties of business services and goods produced under imperfect competition. The authors then show that these features are crucial to the results, as the welfare gains are about 20 times greater than in a constant-returns-to-scale model. The results for the estimated gains vary considerably across the regions; this is principally explained by the ability of the different regions to benefit from a reduction in barriers against foreign direct investment. 2012-03-30T07:30:19Z 2012-03-30T07:30:19Z 2010 Journal Article Review of International Economics 09657576 http://hdl.handle.net/10986/4906 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Russian Federation
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Trade Policy International Trade Organizations F130 Multinational Firms International Business F230 Socialist Systems and Transitional Economies: Urban, Rural, and Regional Economics P250 Socialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330 Regional Economic Activity: Growth, Development, and Changes R110
spellingShingle	Trade Policy International Trade Organizations F130 Multinational Firms International Business F230 Socialist Systems and Transitional Economies: Urban, Rural, and Regional Economics P250 Socialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330 Regional Economic Activity: Growth, Development, and Changes R110 Rutherford, Thomas F. Tarr, David G. Regional Impacts of Liberalization of Barriers against Foreign Direct Investment in Services: The Case of Russia's Accession to the WTO
geographic_facet	Russian Federation
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	In this paper, the authors develop a 10-region comparative static computable general-equilibrium model of Russia to assess the impact of accession to the World Trade Organization on the regions of Russia. The model allows for foreign direct investment in business services and endogenous productivity effects from additional varieties of business services and goods produced under imperfect competition. The authors then show that these features are crucial to the results, as the welfare gains are about 20 times greater than in a constant-returns-to-scale model. The results for the estimated gains vary considerably across the regions; this is principally explained by the ability of the different regions to benefit from a reduction in barriers against foreign direct investment.
format	Journal Article
author	Rutherford, Thomas F. Tarr, David G.
author_facet	Rutherford, Thomas F. Tarr, David G.
author_sort	Rutherford, Thomas F.
title	Regional Impacts of Liberalization of Barriers against Foreign Direct Investment in Services: The Case of Russia's Accession to the WTO
title_short	Regional Impacts of Liberalization of Barriers against Foreign Direct Investment in Services: The Case of Russia's Accession to the WTO
title_full	Regional Impacts of Liberalization of Barriers against Foreign Direct Investment in Services: The Case of Russia's Accession to the WTO
title_fullStr	Regional Impacts of Liberalization of Barriers against Foreign Direct Investment in Services: The Case of Russia's Accession to the WTO
title_full_unstemmed	Regional Impacts of Liberalization of Barriers against Foreign Direct Investment in Services: The Case of Russia's Accession to the WTO
title_sort	regional impacts of liberalization of barriers against foreign direct investment in services: the case of russia's accession to the wto
publishDate	2012
url	http://hdl.handle.net/10986/4906
_version_	1764393192817426432

Regional Impacts of Liberalization of Barriers against Foreign Direct Investment in Services: The Case of Russia's Accession to the WTO

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