Biewen, Elena; Harsch, Daniela; Spies, Julia - 2012
decade. Making use of new micro-level data on service imports of German multinationals from 2002-2008, we assess the … service imports in times of a sales drop. Second, financial constraints, which play a major role for goods trade, do not have … any significant effect on service imports. These results are in line with the argument that the generally observed crisis …