Modeling Services Liberalization : The Case of Kenya

Balistreri, Edward J. ; Rutherford, Thomas F. ; Tarr, David G.

World Bank, Washington, DC

关键词: ACCESS TO INSURANCE;    ACCOUNTING;    AFFILIATE;    AFFILIATES;    AGRICULTURAL OUTPUT;   

DOI  :  10.1596/1813-9450-4544
RP-ID  :  WPS4544

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

This paper employs a 55 sector smallopen economy computable general equilibrium model of theKenyan economy to assess the impact of the liberalization ofregulatory barriers against foreign and domestic businessservice providers in Kenya. The model incorporatesproductivity effects in both goods and services marketsendogenously, through a Dixit-Stiglitz framework. Itestimates the ad valorem equivalent of barriers to foreigndirect investment based on detailed questionnaires completedby specialists in Kenya. The authors estimate that Kenyawill gain about 11 percent of the value of Kenyanconsumption in the medium run (or about 10 percent of grossdomestic product) from a full reform package that alsoincludes uniform tariffs. The estimated gains increase to 77percent of consumption in the long-run steady-state model,where the impact on the accumulation of capital from animprovement in the productivity of capital is taken intoaccount. Decomposition exercises reveal that the largestgains to Kenya will derive from liberalization of costlyregulatory barriers that are non-discriminatory in theirimpacts between Kenyan and multinational service providers.