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The number of Regional Trade Agreements (RTAs) have increased markedly over the last decade, with many addressing market openness and rule-making for services trade. Recent RTAs are breaking down existing barriers: on average, removing between 10% and 40% of services restrictions present in the...
Persistent link: https://www.econbiz.de/10012630387
Services play a more important role in trade and employment in the United Kingdom than in most other OECD countries. The UK services sector is supported by an open and transparent trade regime, policies that support competition and innovation, and regulatory transparency that facilitates the...
Persistent link: https://www.econbiz.de/10012801197
Services have become significantly more tradable in the first two decades of the 21st century. This paper documents that trade costs for financial services, communication services and business services fell by between 30% and 60% between 2000 and 2019. Information and communication technology...
Persistent link: https://www.econbiz.de/10013457896
This paper provides evidence on the “when, how and where” of the effects of service trade policy reforms, discussing short-term impacts on services trade as well as on the performance of downstream manufacturing industries. A combination of novel methodological approaches is used to be able...
Persistent link: https://www.econbiz.de/10014324578
The contribution of services in the United Kingdom (UK) to exports, value added, and employment is one of the highest amongst OECD countries. UK employment also depends strongly on exports of digital services: in 2019 the jobs of around 3.2 million domestic workers in digital services sectors...
Persistent link: https://www.econbiz.de/10015082191