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into sectoral TFP and misallocation. We find firm TFP growth in services to be much faster than that in manufacturing … sector outgrew that in the service sector by 1 percentage points per year. The lower service TFP growth suggests that demand …-side forces play a more important role in the recent expansion of China’s services …
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The present article investigates the effect of services export diversification on economic growth by relying on a … Moments (GMM), have suggested that services export diversification enhances economic growth in developing countries, whereas … in High Income Countries (HICs), services export specialization promotes economic growth. Furthermore, services export …
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