Tag Archives | liberalization
Economics, Industry and trade

Productivity spillovers from services firms in low- and middle-income countries: What is the role of firm characteristics and services liberalization?

By . Posted November 14, 2018
Productivity spillovers from services firms in low- and middle-income countries: What is the role of firm characteristics and services liberalization?
It has been widely acknowledged that services play an important role for other industries, in particular manufacturing. A study by the Organisation for Economic Co-operation and Development (OECD) finds that services represent at least 30% of the value added in manufacturing exports (OECD 2014). Another study by the World Bank suggests that countries with a higher services content in their downstream economies are also those producing more complex goods (Saez et al. 2015).