This study derives from a concerted effort, commissioned by the Swiss Federal Office for Foreign Economic Affairs, to gather comparable information on eight service industries of a country where statistical information about the services sector is particularly scarce. The book is also unique in that it provides the international reader with detailed descriptions of the regulatory framework governing these service industries and relating them to their current and future expected performance. Special attention is paid to the issue of returns to scale, which are considered crucial in the enlarged market created by the 'EC 92' initiative. Applying the tool of Data Envelopment Analysis, it was found however that large service firms seem to have already exploited existing returns to scale. In all, this book constitutes a reference to anyone attempting to assess the future outlook of services in a small open economy that for sometime in the future is likely to remain outside the European Community.
0. Overview and synthesis.- 0.0. Theoretical considerations.- 0.1. Regulatory framework.- 0.2. Structure and development of the service sector in Switzerland.- 0.3. Future changes induced by European economic integration.- 0.4. Outlook.- 0.5. References.- A. Theoretical appendix to chapter 0.- A.0. The new theory of demand as the frame of reference.- A.1. Application to construction.- A.2. Application to telecommunications.- A.3. Application to road transport.- A.4. Application to retail trade.- A.5. Application to banking.- A.6. Application to insurance.- A.7. Application to tourism.- A.8. Application to management consultancy.- A.9. References to theoretical appendix.- 1. Construction.- 1.1. The regulatory framework since 1980.- 1.2. Structural development of the Swiss construction sector.- 1.3. The technical efficiency of Swiss construction firms.- 1.4. Conclusion.- 1.5. References.- 1.6. Appendix to chapter 1: The data envelopment analysis (DEA) approach to technical efficiency.- 2. Telecommunications services.- 2.1. The regulatory framework since 1980.- 2.2. Structural development of the Swiss telecommunications industry.- 2.3. Future changes induced by participation in European economic integration.- 2.4. Outlook.- 2.5. References.- 3 Road transport.- 3.0. Introductory remarks.- 3.1. The regulatory framework for road transport since 1980.- 3.2. Structure and development of the road transport sector in Switzerland.- 3.3. Future changes induced by participation in European economic integration.- 3.4. Outlook.- 3.5. References.- 4. Retail trade.- 4.0. Introductory remarks.- 4.1. The legislative framework relevant to retail trade.- 4.2. Structure and development of Swiss retail trade.- 4.3. Future changes induced by participation in European economic integration.- 4.4. Internationalization.- 4.5. Concluding remarks.- 4.6. References.- 5. Banking.- 5.0. Introduction.- 5.1. The regulatory framework since 1980.- 5.2. Structure, development, and performance of the Swiss banking industry.- 5.3. Future changes induced by European economic integration.- 5.4. Concluding remarks.- 5.5. References.- 6. Insurance.- 6.1. The regulatory framework since 1980.- 6.2. Structure and development of the Swiss insurance industry.- 6.3. Future changes induced by participation in European economic integration.- 6.4. Outlook.- 6.5. References.- 7. Tourism.- 7.0. Introductory remarks.- 7.1. The regulatory framework since 1980.- 7.2. Structure and development of tourism - related services.- 7.3. Future changes induced by participation in European economic integration.- 7.4. Outlook.- 7.5. References.- 8. Management and engineering consultancy.- 8.0. Introductory remarks.- 8.1. The regulatory framework since 1980 in Switzerland.- 8.2. Structure and development of the Swiss management and engineering consultancy industries.- 8.3. Future changes induced by participation in European economic integration.- 8.4. Outlook.- 8.5. References.- 9. Epilogue: Implications for Swiss foreign economic policy.- 9.1 Switzerland as a services economy.- 9.2 Increasing importance of services for economic development and trade.- 9.3 Difficulties of liberalizing trade in services.- 9.4 Emerging patterns in international trade negotiations.- 9.5 Services and Swiss foreign economic policy.- Appendix: List of indicators.- List of contributors.
Number Of Pages: 276
Publisher: Springer-Verlag Berlin and Heidelberg Gmbh & Co. Kg
Country of Publication: DE
Dimensions (cm): 24.41 x 16.99
Weight (kg): 0.47