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We provide a novel set of stylized facts on firms engaging in international trade in services, using unique firm …-level data on services exports and imports in the United Kingdom in 2000- 2005. Less than 10% of firms trade in services but they … can be found in all sectors of the UK economy. While the services sector accounts for 80% of total exports and imports …
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I provide new empirical evidence on the direct and indirect impact of services offshoring on local employment and wages …, using a unique dataset on firms in the UK for the period 2000-2015. Exploiting variation in firms' services offshoring … across labour markets, I show positive aggregate local labour employment and wage elasticity to services offshoring …
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-region DSGE model (UnitedStates, OPEC, rest-of-world) in corporating two sectors (manufacturing and services) in the oil … manufacturing output and services provision. Given positive manufacturing technology shocks, oil demand and demand for intermediate …
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We study the implications of services trade for firm innovation. Using a quasi-experimental shift-share design, we find … that access to foreign knowledge-related services improves the innovativeness of domestic firms and complements their … indigenously sourced R&D. To confront this evidence, we develop a theoretical model. It demonstrates outsourcing can foster firms …
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commitments cause collateral damage on Germany’s trade in goods and services. Financial sanctions reduce Germany’s inflows and … outflows of financial assets, as well as imports and exports of goods and services. The relative effects on trade in goods and … services are weaker than on financial assets, about half as large in the case of goods and two-thirds as large in the case of …
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