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The US Current Account, New Economy Services, and Implications for Sustainability
13 references·16 citing·40 second hop
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(2009)‘Baumol’s Disease’ has been Cured: IT and Multifactor Productivity in US Service Industries (2006)Is growth of services an obstacle to productivity growth? A comparative analysis (2009)Productivity and ICTs: A review of the evidence (2009)
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References

  • 1976Expectations and Exchange Rate Dynamics4,704 cited
  • 1969Income and Price Elasticities in World Trade1,029 cited
  • 2002Medium-term determinants of current accounts in industrial and developing countries: an empirical exploration889 cited
  • 1987The Persistence of the U.S. Trade Deficit284 cited
  • 2002Perspectives on the U.S. Current Account Deficit and Sustainability204 cited
  • 2003'Changing Gear': Productivity, ICT and Service Industries in Europe and the United States184 cited
  • 2000Current Account Adjustment in Industrialized Countries124 cited
  • 2001Services in the International Economy120 cited
  • 2001Current Account Adjustment in Industrial Countries115 cited
  • 2000Perspectives on OECD Economic Integration: Implications for US Current Account Adjustment111 cited
  • 1985Is the Strong Dollar Sustainable?89 cited
  • 1996Net Foreign Assets and Equilibrium Exchange Rates: Panel Evidence74 cited
  • 2000Potential Gains from Reducing Trade Barriers in Manufacturing Services and Agriculture59 cited

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  • 2005Is the U.S. Current Account Deficit Sustainable? If Not, How Costly Is Adjustment Likely to Be?46 cited
  • 2019Currency devaluation and trade balance: Evidence from the US services trade

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37 cited
  • 2020Trade and development report.37 cited
  • 2005International Production Relocation and Exports of Services34 cited
  • 2007Oil prices and the U.S. trade deficit34 cited
  • 2006THE ROLE OF FOREIGN DIRECT INVESTMENT IN INDIA'S SERVICES EXPORTS: AN EMPIRICAL INVESTIGATION28 cited
  • 20162004: Managing Exchange Rates: Achievement of Global Re-Balancing or Evidence of Global Co-Dependency?27 cited
  • 2005The End of Large Current Account Deficits, 1970-2002: Are There Lessons for the United States?27 cited
  • 2012Exchange rate effects on trade in services23 cited
  • 2009External Imbalances and the US Current Account: How Supply‐Side Changes Affect an Exchange Rate Adjustment*23 cited
  • 2018Impact of services trade on economic growth and current account balance: Evidence from India22 cited
  • 2004In search of 'Offshoring': evidence from U.S. imports of services21 cited
  • 2006Estimating elasticities for U.S. trade in services15 cited
  • 2012Information and communication technologies15 cited
  • 2011India‘s Exports of Software Services13 cited
  • 2020FINANCIAL AND INSURANCE SERVICES TRADE: DOES EXCHANGE RATE OR INCOME MATTER?12 cited