A distinguished team of contributors analyzes the challenges involved in measuring trade in intangibles, the comparative advantages enjoyed by United States service industries, and the heightened international competition for jobs, capital investment, economic growth, and tax revenue that results from trade in services. This comprehensive volume will be necessary reading for scholars seeking to understand the rapidly changing global economy.
Marshall Reinsdorf is a senior research economist at the U. S. Department of Commerce, Bureau of Economic Analysis.
Matthew J. Slaughter is a professor of international economics at the Tuck School of Business, Dartmouth College, and a research associate of the NBER.