We provide a novel set of stylized facts on firms engaging in international trade in services, using unique data on … firm-level exports and imports from the world's second largest services exporter, the United Kingdom (UK). We show that … only a fraction of UK firms engage in international trade in services, that trade participation varies widely across …

We use unique plant-level data to study the link between the local availability of services and the decision of … international sourcing of materials depends on a firm's productivity and the availability of local services. These predictions are … materials to sales. In addition, we find evidence that services grease the wheels of international commerce: A greater …

, showing the importance of developments in services. We identify the transition in market services from customized, low … provided, focusing on the transition from networks to hierarchies. Four general lessons are drawn: (1) developments in services …

The negotiations on trade in services at the WTO have so far produced little liberalization beyond levels unilaterally … has been a failure to exploit the scope built into the services agreement (GATS) for exchange of market access …

model jointly to services trade and commercial presence (i.e. FDI), using a composite model of delivery that offers testable … hypotheses about the roles of different modes of services supply as complements or substitutes. We further link our estimates to … and financial services as showing the largest potential for cross-border trade when market regulations are reduced and …