To Örebro University

oru.seÖrebro University Publications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Services Trade Restrictiveness Index (STRI): Financial Services
OECD, Paris, France.
OECD, Paris, France.ORCID iD: 0000-0002-5944-3768
OECD, Paris, France.
OECD, Paris, France.
Show others and affiliations
2014 (English)In: OECD Trade Policy Papers, E-ISSN 1816-6873, no 175, p. 1-51Article in journal (Other academic) Published
Abstract [en]

This paper presents the services trade restrictiveness indices (STRIs) for financial 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. The STRIs capture de jure restrictions. This report presents the first vintage of indicators for commercial banking and insurance services and captures regulations in force in 2013. The scores in commercial banking range between 0.06 and 0.55, with a sample average of 0.19. The scores in insurance services range between 0.05 and 0.63, with a sample average of 0.20. The results are mainly driven by restrictions on market entry, where significant impediments remain in the form of foreign equity limits, restrictions on legal form, discriminatory licensing criteria and restrictions on cross-border transactions. Barriers to competition, including regulation of products and prices and preferential treatment granted to state-owned financial institutions, also make a substantive contribution to the index values. The paper presents the list of measures included in the indices, the scoring and weighting system for calculating the indices and an analysis of the results.

Place, publisher, year, edition, pages
OECD Publishing, 2014. no 175, p. 1-51
Keywords [en]
regulatory reform, regulation, trade policy, services liberalisation, bank, services trade restrictions, trade in services, insurance
National Category
Economics
Identifiers
URN: urn:nbn:se:oru:diva-62702DOI: 10.1787/5jxt4nhssd30-enOAI: oai:DiVA.org:oru-62702DiVA, id: diva2:1158354
Available from: 2017-11-20 Created: 2017-11-20 Last updated: 2019-04-02Bibliographically approved

Open Access in DiVA

No full text in DiVA

Other links

Publisher's full text

Authority records

Nordås, Hildegunn Kyvik

Search in DiVA

By author/editor
Nordås, Hildegunn Kyvik
Economics

Search outside of DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 315 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf