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Dienstleistungssektor und Leistungsbilanzsaldo

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Rübel, G. Dienstleistungssektor und Leistungsbilanzsaldo. Journal of Contextual Economics – Schmollers Jahrbuch, 110(3), 381-392. https://doi.org/10.3790/schm.110.3.381
Rübel, Gerhard "Dienstleistungssektor und Leistungsbilanzsaldo" Journal of Contextual Economics – Schmollers Jahrbuch 110.3, 1990, 381-392. https://doi.org/10.3790/schm.110.3.381
Rübel, Gerhard (1990): Dienstleistungssektor und Leistungsbilanzsaldo, in: Journal of Contextual Economics – Schmollers Jahrbuch, vol. 110, iss. 3, 381-392, [online] https://doi.org/10.3790/schm.110.3.381

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Dienstleistungssektor und Leistungsbilanzsaldo

Rübel, Gerhard

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 110 (1990), Iss. 3 : pp. 381–392

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Rübel, Gerhard

Abstract

Using a two country model, it is shown that a relatively large increase in demand for services in country 1 affects both countries' current account balances. The reactions of these balances depend on factor mobility and on the 'non-tradeable' and 'laborintensive' characteristics of services. International factor immobility will cause a current account deficit in country 1 in period 1 because of a stronger preference for the non-tradeable good, while international capital mobility will cause a current account surplus because of an increased demand for the relatively labor-intensive product.