Major technological advances have recently spurred a new wave of offshoring in services, which used to be non … exploits firm-specific export supply shocks by partner countries and service types as an instrumental variable to find that …

This paper analyses the role of services in international trade through the lens of global value chains (GVCs …). Services account for more than 70% of world GDP but only for around 20% of world trade in balance of payments terms. In value … added terms, accounting for services embodied in exported goods, services account for 40% of world trade. Services …

export experience in a market are more likely to source service inputs from there. We rationalize this fact in a model where … firms are initially uncertain about how successful they are as exporters, but learn their export profitability as they keep … they become sufficiently confident about their export prospects, i.e., once they acquire enough export experience. More …

Services play a key role in enhancing competitiveness of manufacturing and establishing global value chains. Realising … manufacturing. India's growth in the post-liberalisation period has been propelled by the services sector and India enjoys a … Commerce and Industry. Further, given India's export potential in audio-visual and business services, the paper also examines …

in the services sectors than in manufacturing. In line with this there are also fewer firms engaged in trade in the … services sectors than in manufacturing; trade intensities, in turn, vary by services sector and country. Trade by services … firms is somewhat less dominated by firms that both export and import than trade by manufacturing firms. In terms of value …

export experience in a market are more likely to source service inputs from there. We rationalize this fact in a model where … firms are initially uncertain about how successful they are as exporters, but learn their export profitability as they keep … they become sufficiently confident about their export prospects, i.e., once they acquire enough export experience. More …

services differ from those of trade in goods. Second, by the use of instrumental variables, we explore potential … complementarities between bilateral trade in goods and bilateral trade in services. Using a gravity framework, the main results show … technology of communication have a higher impact on services trade than on goods trade. Finally, after using instrumental …