From Selling Goods to Selling Services: Firm Responses to Trade Liberalization

• 成果类型: Article
• 署名作者: Breinlich, Holger; Soderbery, Anson; Wright, Greg C.
• 署名单位: University of Surrey; University of Surrey; Centre for Economic Policy Research - UK; Purdue University System; Purdue University; University of California System; University of California Merced
• 刊物名称: AMERICAN ECONOMIC JOURNAL-ECONOMIC POLICY
• ISSN/ISSBN: 1945-7731
• DOI: 10.1257/pol.20150116
• 发表日期: 2018
• 页码: 79-108
• 关键词: research-and-development; PRODUCTIVITY; COMPETITION; GROWTH; MARKET; plants; IMPACT; exporters; countries; QUALITY

摘要

In this paper, we focus on a new channel of adaptation to trade liberalization, namely the shift toward increased provision of services in lieu of goods production. We exploit variation in European Union trade policy to show that lower manufacturing tariffs lead firms to shift into services provision and out of goods production. We also find that a successful transition is associated with higher firm-level R&D stocks.