Review of World Economics

, Volume 150, Issue 3, pp 471–505

Trading firms in the services sectors: comparable evidence from four EU countries

  • Stefanie A. Haller
  • Jože Damijan
  • Ville Kaitila
  • Črt Kostevc
  • Mika Maliranta
  • Emmanuel Milet
  • Daniel Mirza
  • Matija Rojec
Original Paper

Abstract

We establish a set of stylised facts for trade and trading firms in five market services sectors using comparable firm- and activity-level data from four EU countries. Our analysis shows that exports account for much lower shares of overall sales in the services sectors than in manufacturing. This is because fewer firms are engaged in trade in the services sectors and also because within particular sectors firms trade a lower share of their sales on average. Services producers trade mostly goods, but in terms of value, trade in services is much more important to them than to manufacturers. Larger and more productive firms are more likely to be two-way traders and to engage in both goods and services trade. Trade by services firms is somewhat less dominated by firms that both export and import than trade by manufacturing firms. Few firms export many services or to many countries. The value of services exports is increasing in the number of markets served but not necessarily in the number of services traded.

Keywords

Exports Imports Services International comparison 

JEL Classification

F14 D22 L80 

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Copyright information

© Kiel Institute 2014

Authors and Affiliations

  • Stefanie A. Haller
    • 1
  • Jože Damijan
    • 2
    • 3
  • Ville Kaitila
    • 4
  • Črt Kostevc
    • 5
  • Mika Maliranta
    • 4
    • 6
  • Emmanuel Milet
    • 7
  • Daniel Mirza
    • 8
    • 9
    • 10
  • Matija Rojec
    • 5
  1. 1.University College DublinDublinIreland
  2. 2.Institute for Economic ResearchUniversity of LjubljanaLjubljanaSlovenia
  3. 3.VivesKU LeuvenLeuvenBelgium
  4. 4.The Research Institute of the Finnish Economy, ETLAHelsinkiFinland
  5. 5.University of LjubljanaLjubljanaSlovenia
  6. 6.University of JyväskyläJyväskyläFinland
  7. 7.Paris School of EconomicsParisFrance
  8. 8.LEO-CNRSUniversity François Rabelais de ToursToursFrance
  9. 9.CEPIIParisFrance
  10. 10.Banque de FranceParisFrance

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