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Globalisation of services and jobs
Organisation for Economic Co-operation and Development, Washington DC, United States.
Peterson Institute for International Economics, OECD, Georgetown University, Washington, United States.
Organisation for Economic Co-operation and Development, Washington DC, United States.
Organisation for Economic Co-operation and Development, Washington DC, United States.ORCID iD: 0000-0002-5944-3768
2012 (English)In: Policy Priorities for International Trade and Jobs, OECD Publishing , 2012, Vol. 9789264180178, p. 175-192Chapter in book (Refereed)
Abstract [en]

This paper explores the potential for increased trade in services to improve economic growth prospects globally drawing on information from labour force surveys in Chile, France, India, the United Kingdom and the United States, as well as the OECD input-output database. It documents that many activities in the business services sector are tradable across international borders. Tradable business services account for a larger share of employment than manufacturing in some high-income countries. In all countries in our sample tradable business services employ mainly high to medium skilled workers who earn significantly higher wages than in manufacturing or non-tradable services. High-income countries are relatively abundant in skilled workers and therefore have comparative advantage for this sector. In the event of trade liberalisation, rich countries such as the United Kingdom and the United States would likely experience significant export growth in this sector. State-of-the-art business services are, however, essential for the competitiveness of high-to-medium technology manufacturing. Access to such services through imports would help middle income countries strengthen their comparative advantage in these manufacturing industries and move up the value chain.

Place, publisher, year, edition, pages
OECD Publishing , 2012. Vol. 9789264180178, p. 175-192
National Category
Economics
Identifiers
URN: urn:nbn:se:oru:diva-62696DOI: 10.1787/9789264180178-enScopus ID: 2-s2.0-84917522101ISBN: 9789264180178 (electronic)OAI: oai:DiVA.org:oru-62696DiVA, id: diva2:1158304
Available from: 2017-11-20 Created: 2017-11-20 Last updated: 2018-05-15Bibliographically approved

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Nordås, Hildegunn Kyvik

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CiteExportLink to record
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Citation style
  • apa
  • ieee
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  • vancouver
  • Other style
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  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
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