What methods could be used to better estimate services trade elasticities?
Background
We aim to lead in developing cutting-edge methodologies that inform evidence-based policy and drive innovation. We recognise that some topics are measured through numerous methods and may have contextual requirements.
DBT seeks robust, innovative methods to assess topics including:
- the impact of emerging technologies including Blockchain and AI
- the long-term effects of its business growth services
- the short-, medium- and macro-economic impacts of policy interventions and Industrial Strategy programmes
- measurement of product level emissions for reflection of the economy to inform trade and enable global alignment
- evaluation of economic and environmental impacts relating to free trade agreements, mutual recognition agreements, and trade policy developments from the lens of both bilateral and multilateral agreements
- tracking the performance of UK sectors, particularly sectors such as the Advanced Manufacturing sector, so that DBT can better support growth and success
Next steps
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