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Services Trade Restrictiveness Index (STRI): Legal and Accounting Services
OECD, Paris, France.
OECD, Paris, France.ORCID iD: 0000-0002-5944-3768
OECD, Paris, France.
OECD, Paris, France.
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2014 (English)In: OECD Trade Policy Papers, E-ISSN 1816-6873, no 171, p. 1-35Article in journal (Other academic) Published
Abstract [en]

This paper presents the services trade restrictiveness indices (STRIs) for the regulated professions of legal and accounting services. The STRIs are composite indices taking values between zero and one, zero representing an open market and one a market completely closed to foreign services providers. The indices are calculated for 40 countries, the 34 OECD members and Brazil, China, India, Indonesia, Russia and South Africa. This report presents the first vintage of indicators for legal and accounting services and captures de jure regulations in force in 2013. The STRI supports the view that legal and accounting services are subject to a relatively high level of regulation. Restrictiveness for legal services ranges from 0.11 to 0.73, with an average of 0.31. Accounting and auditing services show an average of 0.3 and STRI values ranging from 0.13 to 1. The results provide useful policy insights, particularly in order to identify priorities for reform at the national and international levels. Notably, in the case of legal and accounting services, easing a few prominent restrictions could result in a significantly more liberal and competitive market environment.

Place, publisher, year, edition, pages
OECD Publishing, 2014. no 171, p. 1-35
Keywords [en]
services trade restrictions, regulation, services trade, accounting services, legal services, auditing services
National Category
Economics
Identifiers
URN: urn:nbn:se:oru:diva-62698DOI: 10.1787/5jxt4nkg9g24-enOAI: oai:DiVA.org:oru-62698DiVA, id: diva2:1158316
Available from: 2017-11-20 Created: 2017-11-20 Last updated: 2019-04-02Bibliographically approved

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Nordås, Hildegunn Kyvik

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CiteExportLink to record
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Citation style
  • apa
  • ieee
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  • Other style
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  • de-DE
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  • en-US
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  • nn-NB
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  • Other locale
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Output format
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  • asciidoc
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