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richer workers demand more low skill-intensive services (such as cleaning and personal services) but also more skill …-intensive services (such as education and professional services). The parametrization of a simple model suggests that this induced demand …
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have also made an increasing share of services tradeable. We propose a tractable micro-founded Ricardo-Marshall model to … for the location of economic activity. Our model highlights a tension between nontradeable producer services which exert … an agglomerative force and trade costs and comparative advantage in final goods and services which act as dispersion …
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level. Services play a core role in advanced economies, both from a quantitative and a strategic point of view … been simultaneously assessed that services display lower productivity levels and growth rates than other economic … period between 1980 and 2007. The results partially refute traditional knowledge on the productivity of services. Contrary to …
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