Barriers to trade in services impact on multinational production in the manufacturing sector
Koen De Backer, Sébastien Miroudot, Davide Rigo 19 April 2018
Multinational enterprises that produce goods depend on services to organise their value chain, so barriers to investment in services will probably affect their production. The column runs on the new and comprehensive OECD database to gauge the share of services in the exports of multinational enterprises, and in addition in the output of their foreign affiliates. The results claim that policymakers might need to focus more on the services that support manufacturing industries.