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Trading firms in the services sectors: comparable evidence from four EU countries

Stefanie Haller, Joze Damijan, Ville Kaitila, Crt Kostevc, Mika Maliranta, Emmanuel Milet, Daniel Mirza and Matija Rojec

Review of World Economics (Weltwirtschaftliches Archiv), 2014, vol. 150, issue 3, 505 pages

Abstract: We establish a set of stylised facts for trade and trading firms in five market services sectors using comparable firm- and activity-level data from four EU countries. Our analysis shows that exports account for much lower shares of overall sales in the services sectors than in manufacturing. This is because fewer firms are engaged in trade in the services sectors and also because within particular sectors firms trade a lower share of their sales on average. Services producers trade mostly goods, but in terms of value, trade in services is much more important to them than to manufacturers. Larger and more productive firms are more likely to be two-way traders and to engage in both goods and services trade. Trade by services firms is somewhat less dominated by firms that both export and import than trade by manufacturing firms. Few firms export many services or to many countries. The value of services exports is increasing in the number of markets served but not necessarily in the number of services traded. Copyright Kiel Institute 2014

Keywords: Exports; Imports; Services; International comparison; F14; D22; L80 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (26)

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DOI: 10.1007/s10290-014-0190-9

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