Harris, R. and Moffat, J. (2015) 'The impact of exporting and importing goods and services on productivity in the UK.', World economy., 38 (11). pp. 1781-1794.
This paper investigates the impact of exporting and importing on productivity for UK plantsusing a combination of regression and propensity score matching. Unlike earlier papers, the data allows us to distinguish the effects of trade in goods and services. In confirmation of the results from other countries, we find that plants that both export and import have higher productivity than plants that only do one of these activities. In manufacturing, this is the case regardless of whether the trade is in goods or services (which suggests that servitisation of manufacturing is beneficial).In services, the results are more mixed and the benefits from involvement in international goods networks that are seen in manufacturing do not occur to the same extent (however, for the wholesale and retail sectors, trade in both goods and services is generally productivity enhancing).
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|Publisher Web site:||http://dx.doi.org/10.1111/twec.12292|
|Publisher statement:||This is the accepted version of the following article: Harris, R. and Moffat, J. (2015), The Impact of Exporting and Importing Goods and Services on Productivity in the UK. World Economy, 38(11): 1781-1794, which has been published in final form at http://dx.doi.org/10.1111/twec.12292. This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.|
|Record Created:||05 May 2015 12:20|
|Last Modified:||25 Jun 2017 00:45|
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