Services Trade and Structural Transformation
HDR Candidate: Han Yuangcheng
Milestone: PhD Confirmation
Title: Services Trade and Structural Transformation
Time and date: 9am, Monday 17 January 2022
Zoom link: https://uqz.zoom.us/j/3223263343
Abstract:
We study how service trade affects structural transformation and regional patterns of specialization. Using a spatial model of structural transformation and trade, we study how international and domestic trade of services amplifies or dampens the structural transformation of the whole Canadian economy.
We find that service trade, domestic and international, amplifies regional specialization and increases the share of the tradable service sector in Canada. The existence of interprovincial trade of services increases service trade exports and value-added shares of regions with comparative advantage in tradable services (40%), and this effect is amplified by the rise in tradable services productivity (30%).