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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 …
Persistent link: https://www.econbiz.de/10011736965
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 …
Persistent link: https://www.econbiz.de/10012882819
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 …
Persistent link: https://www.econbiz.de/10012534705
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 …
Persistent link: https://www.econbiz.de/10011404382
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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 …
Persistent link: https://www.econbiz.de/10009612770
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 …
Persistent link: https://www.econbiz.de/10013224075
for the specific nature of services that are traded across borders. We show how services can be characterized by a bundle … between exports and FDI using service-level data for firms in Belgium selling services abroad. Three different types of … characteristic are shown to affect the export versus FDI decision: intangibility, the searchexperience-credence framework and the …
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