Stopień zintegrowania wewnętrznego rynku usług Unii Europejskiej Degree of integration of the EU internal market for services
Journal Title: Annales Universitatis Mariae Curie-Skłodowska Sectio H Oeconomia - Year 2015, Vol 0, Issue 0
Abstract
The purpose of this study is to assess the degree of integration of the EU internal market for services and to indicate the main barriers in its effective functioning. The analysis has confirmed that the EU services market is less integrated than the market for goods. Intra-EU trade in services represents 6% of EU GDP while in goods over 20% of EU GDP. We can also observe the price dispersion between member states in service sector while in the goods market prices tend to converge. Comparison of the two main areas of the EU internal market for services: cross-border intra-EU trade and intra-EU foreign direct investments revealed that the first of them still plays a major role. Despite reducing the meaningful administrative burden concerning free trade in services (to a large extent as a result of implementation of the Services Directive) many obstacles have remained as regards free establishment. The full EU services market integration is prevented by too restrictive and divergent regulation of member states, existence of 800 regulated professions as well as protection of many national network industries.
Authors and Affiliations
Magdalena Katarzyna Kąkol
Keywords
Related Articles
- EP ID EP222323
- DOI 10.17951/h.2015.49.2.73
- Views 71
- Downloads 0
Analiza rentowności wybranych banków komercyjnych w Polsce, Profitability Analysis of the Selected Commercial Banks in Poland
This article discusses the concept of profitability and methods of profitability analysis of a bank. Based on statistical data, the article provides evidence of a significant role of commercial banks in the Polish bankin...
Samofinansowanie inwestycji przedsiębiorstw przetwórstwa spożywczego a poziom ich produktywności
Głównym celem podjętych badań było określenie relacji występującej pomiędzy nadwyżką finansową w przedsiębiorstwach przetwórstwa spożywczego a poziomem produktywności majątku w odniesieniu do skali realizowanych inwestyc...
Wprowadzanie akcji do obrotu na rynku NewConnect na tle głównych alternatywnych systemów obrotu w Europie Floating shares onto the NewConnect market in comparison with leading multilateral trading facilities in Europe
Artykuł nie zawiera abstraktu w języku polskim The article presents an analysis of statistical data which shows the position of the NewConnect market in comparison with other multilateral trading facilities in Europe. Th...
Fundusze ETF na Giełdzie Papierów Wartościowych w Warszawie ETF on the Warsaw Stock Exchange
ETF is a new financial instrument, which was introduced on the Warsaw Stock Exchange in September 2010. Currently there are three ETF’s: it is ETFWIG20L which follows the value of WIG20, ETFDAX which follows the value of...
The Relevance of Foreign Ownership and Financial Liberalization for Determining Banking Risk: A Comparative Analysis of European Countries
The goal of this study is to empirically identify how foreign capital group and financial liberalization affect the risk profiles of the banking sector in Europe. Through a dataset that covers 381 European banks spanning...