Estimating, visualising and analysing global flows of services in the Green Economy

Authors: Lucien Georgeson*, University College London, Mark Maslin, University College London, Martyn Poessinouw, kMatrix Ltd
Topics: Economic Geography, Human-Environment Geography, Quantitative Methods
Keywords: Green Economy, Trade, Globalization, Services, Data Visualisation
Session Type: Paper
Day: 4/12/2018
Start / End Time: 10:00 AM / 11:40 AM
Room: Grand Ballroom B, Astor, 2nd Floor
Presentation File: No File Uploaded

Globalisation has contributed to increasing global employment in services, including increasing demand for producer services that provide expertise and inputs into business activities (Rusten and Bryson, 2010). Green economy research often focuses on manufactured goods, or assessing ‘green jobs’, whereas markets for services in the green economy have received less attention.

From data compiled using the transactional triangulation methodology, we estimated the flow of services in the Green Economy between 64 countries that represent approximately 90% of global trade, and compared it to other flows in the green economy, such as manufactured goods. This provides an important case study of the increasing global flows of services in a key economic sector. Export flows between countries in the dataset in Consultancy, Engineering Services and Training alone, for example, are estimated to total $50.39 billion. This methodology has been previously used to examine, inter alia, climate change adaptation spending in megacities (Georgeson et al., 2016) and global spending on weather and climate information services (Georgeson et al., 2017).

We aim to further the understanding of the scale and direction of global flows in services in the global green economy, where these revenues are accumulating and concentrating, and what the key practices are in the global market for green economy services. With detailed data of import/export flows for the green economy, we can explore new ways to analyse, visualize and understand global flows of goods and services.

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