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Using bilateral trade data for 16 service categories, this paper examines the patterns, evolution, and determinants of comparative advantage (CA) in U.S. services trade with China and India from 1992 to 2010. The results indicate that the U.S. has a CA in most services, except in more...
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This paper uses a theory-based measure of productivity-based comparative advantage to examine the trade performance of developing Asian economies in manufacturing and services over the 1995-2011 period. We find that the growth in service exports was nearly as rapid as that in manufacturing over...
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The last century has witnessed dramatic changes in the world economy. The service (tertiary) sector, which at the beginning of the 20th century was of little importance relative to agriculture and manufacturing, has become the dominant sector today, accounting for 80% and more of value added in...
Persistent link: https://www.econbiz.de/10010482477
The last one and a half centuries have witnessed dramatic changes in the world economy. The service (tertiary) sector, which at the beginning of the 20th century was of little importance relative to agriculture and manufacturing, has become the dominant sector today, accounting for 80% and more...
Persistent link: https://www.econbiz.de/10011487956
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Does digital infrastructure increase trade benefits in services, and how large are these trade benefits? This paper uses the prevalence of countries' data centres and secure internet servers to investigate the impact of data-related infrastructures on services trade. Data centres and internet...
Persistent link: https://www.econbiz.de/10012827753