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Service
Industries and Economic Performance
Service Industries and Economic Performance addresses three questions
that have troubled economists for more than a decade: whether service-oriented
economies can sustain high rates of output growth; whether they can generate
large numbers of good jobs; and whether they can compete effectively in global
markets.
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Trade, Technology, and
Plant Performance
Previous research
shows that both exporting and the use of advanced
technologies independently enhance the performance
of U.S. manufacturing plants in a variety of ways.
The research presented below shows that plants
that both export and use advanced technology outperform
other plants in a number of important ways: they
increase their employment more rapidly, they pay
higher wages, and they are less likely to fail.
The research also shows that manufacturing plants
that use advanced technologies are more likely
to export.
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