French Firms in Services Trade: a Detailed Comparison with Trade in Goods

Mots-clés:

Résumé:

• Paradox 1:
– While services represent around 65-70% of advanced economies’ GDP
– Trade in services 5 times lower than in goods

 
• Most common reasons given by policymakers:
– Trading services might be more costly than trading goods
– (personal services)
 
• Policy implication: remove fixed costs type barriers to trading services (ie. GATS, EU Services Directive, etc…)