Service Export sophistication and Europe's new growth model
Technology has changed the nature of service activities and made them more productive, tradable and fragmented in the global supply chain. Has Europe's growth been benefiting from the ongoing globalization of services? Services dominate growth in EU-15 countries and, to a lesser extent, in New Member States (NMS) and Accession (ACC) countries. Except in the ACC region, Europe has maintained specialization in service exports. Service productivity, tradability, and exports of modern services are high in EU-15, growing fast in NMS while at a lower pace in ACC. Service export sophistication is important for growth across the region, but especially in NMS.
|Date of creation:||01 Sep 2011|
|Contact details of provider:|| Postal: 1818 H Street, N.W., Washington, DC 20433|
Phone: (202) 477-1234
Web page: http://www.worldbank.org/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Joseph F. Francois & Bernard Hoekman, 2009.
"Services Trade and Policy,"
Economics working papers
2009-03, Department of Economics, Johannes Kepler University Linz, Austria.
- Ana M. Fernandes, 2009.
"Structure and performance of the service sector in transition economies,"
The Economics of Transition,
The European Bank for Reconstruction and Development, vol. 17(3), pages 467-501, 07.
- Fernandes, Ana M., 2007. "Structure and performance of the services sector in transition economies," Policy Research Working Paper Series 4357, The World Bank.
- Ejaz Ghani & Homi Kharas, 2010.
"The Service Revolution,"
World Bank Other Operational Studies
10187, The World Bank.
When requesting a correction, please mention this item's handle: RePEc:wbk:wbrwps:5793. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Roula I. Yazigi)
If references are entirely missing, you can add them using this form.