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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. However, the …
Persistent link: https://www.econbiz.de/10010487579
have also contributed to increasing productivity and long-term growth. We explore empirically the impact of GVC … participation on productivity in Estonia using firm-level data from 2000 to 2016. We find that higher GVC participation at the … industry level significantly boosts productivity at both the industry and the firm level. Frontier firms, large firms, and …
Persistent link: https://www.econbiz.de/10012252668
value chain-related products and compares the productivity premium of international traders for these different categories … results confirm that global value chain-related trade is associated with a higher productivity premium compared with …
Persistent link: https://www.econbiz.de/10012309010
Persistent link: https://www.econbiz.de/10011406292
APEC 2015 provides an opportunity for the Philippines to advance its economic interests in services and contribute to … then discusses the role of services in GVCs and proposes that further analytical work on services value chains in the Asia … participation and how APEC can create the appropriate policy environment conducive to the growth of services value chains. …
Persistent link: https://www.econbiz.de/10010482093
produced with services, services are produced with goods, some manufacturing firms are factory-less, and companies tend to sell … solutions to customers by bundling goods with services. This business reality has important implications for trade and industry … statistical challenges in assessing the contribution of manufacturing and services to output, value added, or trade. It then …
Persistent link: https://www.econbiz.de/10011979226
indirect effects of the rise of industrial robots and productivity via international value chains on various industrial … indicators, including employment and real value added. The paper thereby adds to the existing empirical work on the relationship … between technological change, employment and industrial growth by adding data on industrial robots while controlling for other …
Persistent link: https://www.econbiz.de/10012193762
-food GVCs have broadened the gains from specialisation and trade through stronger sector and employment growth. Openness to … trade, especially services trade, can positively influence domestic value added creation in agro-food GVCs. However, trade … across the food and agriculture sectorKeywords: Agro-food, value added, employment, policy reform, trade. …
Persistent link: https://www.econbiz.de/10012249037
) have now become a defining feature of trade in goods and services globally. Economic Survey 2019-20 also highlighted the … time, some existing jobs may be altered, reduced or eliminated. Therefore, besides assessing the extent of employment … study looks at the trends in domestic and foreign value-added share, and employment and skill-composition of jobs supported …
Persistent link: https://www.econbiz.de/10012233579
Persistent link: https://www.econbiz.de/10011554807