Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/144449 
Authors: 
Year of Publication: 
2012
Series/Report no.: 
NBB Working Paper No. 237
Publisher: 
National Bank of Belgium, Brussels
Abstract: 
In this paper, we present for the first time a qualitative and quantitative comparison between trade in services and trade in goods at firm level for the same country. We focus first on static features of trade such as participation rates, firms’ characteristics, heterogeneity, concentration and trade variation. Secondly, we explore dynamic aspects focusing on entry, exit, firm survival and growth strategy. On the one hand, our results reveal qualitative similarities between services and goods trade at firm level, suggesting that heterogeneous models of trade can be a good starting point for the analysis of trade in services. On the other hand, we highlight dramatic differences in quantitative terms and in some key characteristics that pose new challenges to current trade models.
Subjects: 
Trade in Services
Trade in Goods
Trade Dynamics
JEL: 
F10
F14
L80
Document Type: 
Working Paper

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