This report presents evidence on how services trade restrictions influence the decisions and performance of firms engaged in international markets, drawing on micro-data from Belgium, Finland, Germany, Italy, Japan, Sweden, the United Kingdom, and the United States. It first describes the...

This paper highlights the large contribution of services to the Brazilian economy and the under-exploited potential of services to sustain productivity gains and international competitiveness. The areas with the largest potential for regulatory reform include improvements in the general business...

This report explores the relationship between services trade policies and mark-ups at the firm level, taken as a measure of competitive pressure. Restrictive regulations are found to enable firms to charge higher mark-ups in a majority of services sectors, suggesting ample scope for...

A factor based approach is often used to build Composite Indicators (CI) from qualitative data stemming from Business and Consumers Survey (BCS). Bruno and Malgarini (2002) and Gayer and Genet (2006) have used factor analysis to synthesize the information contained in the balances of the various...

In the wake of the financial crisis there has been renewed focus on the importance of a country’s net external debt position in determining domestic interest rates and, relatedly, its vulnerability to a crisis. This paper extends the panel estimation of OECD countries described in Turner and...

Cette étude présente les résultats d’un nouveau modèle de prévision de la croissance économique des pays de l’OCDE et des principaux pays hors OCDE sur un horizon de 50 ans, ainsi que des déséquilibres globaux. Un scénario de référence tablant sur des réformes structurelles...

Services trade has become increasingly important, yet its impact on employment has been understudied at present. This paper uses fine-grained data on firm- and worker-level information to shed light on the impact of services trade on employment and wages in the United Kingdom. It finds that...