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The answer to competition from emerging countries with low wage costs must be very different according to the affected sector. We need to draw a distinction between manufacturing industry and services that can be relocated and other sectors: consumer services, retail, construction, most business...
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firm heterogeneity in shaping aggregate service exports in Belgium, France, Germany and Spain from 2003 to 2007. We … heterogeneity within countries. We find that the weak export growth of France is at least partly due to poor performance by small … exporters. By contrast, small exporters are the most dynamic contributors to the aggregate exports of Belgium, Germany and Spain …
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firm heterogeneity in shaping aggregate service exports in Belgium, France, Germany and Spain from 2003 to 2007. We … heterogeneity within countries. We find that the weak export growth of France is at least partly due to poor performance by small … exporters. By contrast, small exporters are the most dynamic contributors to the aggregate exports of Belgium, Germany and Spain …
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