How are changes in technology impacting the tradability of different services, the cost of trade in services and the ways in which services are traded?

Background

Trade in services and digital trade across borders has rapidly grown in recent years, providing key drivers to the UK economy. However, measurement, classification and definitional challenges have come to characterise the nature of available evidence, driving the need for further research in this space.

Next steps

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Source

This question was published as part of the set of ARIs in this document:

DIT Areas of research interest 2020 to 2021 GOVUK

Related UKRI funded projects


  • Digitally Enhanced Advanced Services Network+

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    Funded by: EPSRC

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    Why might this be relevant?

    The project partially answers the question by discussing the impact of changes in technology on firm productivity, but does not specifically address the tradability of different services, the cost of trade in services, or the ways in which services are traded.

  • UK-India Bilateral Trade in FinTech and FinTech-Enabled Services: Emerging trends and potential for growth

    FinTech refers to a wide range of ways in which new technologies are being used to deliver financial services, often delivered by start-up firms rather than established financial services firms such as banks. This projec...

    Funded by: ESRC

    Lead research organisation: University of Essex

    Why might this be relevant?

    The project partially answers the question by examining barriers to and enablers of trade in FinTech and FinTech-enabled services, but does not specifically address the impact of changes in technology on the tradability of different services, the cost of trade in services, or the ways in which services are traded.

  • ESRC RCUK Innovation Fellowships

    As outlined in the Government's White Paper on the Industrial Strategy, and its Digital Strategy, the world is becoming increasingly digitalised, and digital connectivity has rapidly become an essential requirement for t...

    Funded by: ESRC

    Lead research organisation: London School of Economics and Political Science

    Why might this be relevant?

    The project does not answer the question as it focuses on investigating technology-driven growth in the UK, rather than the impact of changes in technology on the tradability of different services, the cost of trade in services, or the ways in which services are traded.

  • The Electronic Trade Documents Bill 2022: Disruptive Technology for Global Supply Chains.

    The Electronic Trade Documents Bill 2022 is currently reading in the Lords before being passed onto the Commons.70 percent of international trade is done with the help of documents that are backed by English law; The In...

    Funded by: Innovate UK

    Lead research organisation: HAVONA LTD

  • Building Better Business Models: Capturing the Transformative Potential of the Digital Economy

    This research project is exploring how firms are applying and engaging with new digital technologies to become more efficient, profitable and dynamic. While there is considerable understanding about how digital technolog...

    Funded by: EPSRC

    Lead research organisation: City, University of London

  • Digital Economy 'New Economic Models' Network+

    The business press is alive with considerations of how the 'Big 4' tech giants, Apple, Google, Facebook and Amazon are challenging to become the single biggest provider of digital services. In business services there is ...

    Funded by: EPSRC

    Lead research organisation: University of Surrey

  • Ulster University "NISRA BDR Programme"

    This project will form part of the beta testing of the NISRA de-identified Business Data for Research (BDR) database in advance of the data being made available for wider use by approved researchers within the Administra...

    Funded by: ESRC

    Lead research organisation: University of Ulster

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