Jensen, JesperRutherford, ThomasTarr, David2012-06-222012-06-222005-02https://hdl.handle.net/10986/8888In World Trade Organization (WTO) accession negotiations, telecommunications is always a sector that receives close scrutiny by the WTO Working Party, and the extent of market access and nondiscriminatory treatment of multinational telecommunications companies in Russia has been a significant issue in Russia s accession negotiations. The authors use a computable general equilibrium model of the Russian economy to assess the role of telecommunications in the discussions regarding Russian accession to the WTO. The results show that reduction of barriers to foreign direct investment in telecommunications will bring substantial gains to the Russian economy, including an increase in the productivity of Russian labor and capital. Despite the fact that multinationals use Russian labor less intensively than Russian firms, demand for Russian labor employed in telecommunications should increase, following reductions in barriers to foreign direct investment that are included in the context of WTO accession. This is because the overall demand for telecommunication services should increase due to the growth effects of the liberalization of barriers against foreign direct investment generally and the reduction in tariffs. Russian capital owners in telecommunications will likely be sought as joint venture partners and can restructure and obtain gains as partners with foreign firms. Wholly owned Russian firms are likely to experience losses.CC BY 3.0 IGOAGRICULTUREBANKSBASE YEARBENCHMARKBUSINESS SERVICESCAPITAL FLOWSCAPITAL REQUIREMENTSCITIESCOALCONSTANT MARGINAL COSTSCONSTANT RETURNS TO SCALECONSUMERSCONTRACT ENFORCEMENTCONTROLLEDECONOMETRIC ESTIMATESECONOMIC ACTIVITYECONOMIC GEOGRAPHYECONOMIC GROWTHECONOMIC PERFORMANCEECONOMIC THEORYECONOMICSECONOMICS LITERATUREELASTICITIESELASTICITYEMPIRICAL EVIDENCEEMPLOYMENTEQUILIBRIUMEXPORTSEXTERNALITIESFACTORS OF PRODUCTIONFIXED COSTSFOREIGN DIRECT INVESTMENTFOREIGN FIRMSFOREIGN INVESTMENTFOREIGN INVESTORSFORESTRYGDPGENERAL EQUILIBRIUM MODELIMPERFECT COMPETITIONIMPORTSINCREASING RETURNSINCREASING RETURNS TO SCALEINSURANCEINTERMEDIATE GOODSINTERMEDIATE INPUTSINTERNATIONAL DEVELOPMENTINVESTMENT CLIMATEJOINT VENTURESLABOR PRODUCTIVITYMARGINAL COSTMARGINAL COSTSMARGINAL PRODUCTMARGINAL REVENUEMARKET POWERMETALSMONOPOLISTIC COMPETITIONMULTINATIONAL FIRMSNEGOTIATIONSOILOPTIMIZATIONOUTPUTPOLICY RESEARCHPRICESPRODUCERSPRODUCT DIFFERENTIATIONPRODUCTIONPRODUCTIVITYPRODUCTIVITY GROWTHPRODUCTIVITY INCREASESPROFITABILITYPUBLIC SERVICESQUOTA RENTSRATE OF RETURNREAL INCOMEREGULATORY ENVIRONMENTRENT SEEKINGRENT SEEKING BEHAVIORRESOURCE ALLOCATIONSECURITIESSERVICE PROVIDERSSERVICE PROVISIONSUPPLIERSTARIFF BARRIERSTELECOMMUNICATIONTELECOMMUNICATION SECTORTELECOMMUNICATION SERVICESTELECOMMUNICATIONSTELECOMMUNICATIONS COMPANIESTELECOMMUNICATIONS REFORMTELECOMMUNICATIONS SECTORTELECOMMUNICATIONS SERVICESTELECOMMUNICATIONS TECHNOLOGIESTELEPHONE SERVICESTRADE LIBERALIZATIONTRANSPORTATIONVALUE ADDEDVARIABLE COSTSWAGESWELFARE EFFECTSWELFARE GAINSWORLD TRADE ORGANIZATIONWTOWorld Bank10.1596/1813-9450-3501