Title :
Measurement of Barriers to Trade in Financial Services between China and the United States
Author_Institution :
Bus. Inf. Manage. Sch., Shanghai Inst. of Foreign Trade, Shanghai, China
Abstract :
Trade between China and the United States is developing at a fantastic speed. Research on financial service trade is a hot spot. This paper mainly focuses on measuring barriers of financial service trade between China and the United States by attaching improved centripetal force model to estimating the power of trade barriers over the years. Through empirical analysis, conclusions can be given: China is gradually opening its financial service to United States which means liberalization degree is improving year by year.
Keywords :
financial management; statistical analysis; trade barriers; China; United States; centripetal force model; empirical analysis; financial service trade; liberalization degree; trade barrier measurement; Analytical models; Equations; Force; Industries; Mathematical model; Trade agreements; Barrier Estimation; Financial Service; Trade Barrier;
Conference_Titel :
Business Computing and Global Informatization (BCGIN), 2012 Second International Conference on
Conference_Location :
Shanghai
Print_ISBN :
978-1-4673-4469-2
DOI :
10.1109/BCGIN.2012.230
