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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20200| Title: | The shift to services : a review of the literature |
| Keywords: | N1 O4 O3 O1 E2 J3 J2 L8 L0 ddc:330 structural economic change service industries economic development productivity employment Dienstleistungssektor Drei-Sektoren-Hypothese Strukturwandel Welt |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| Description: | The present paper provides an overview of literature on the shift to services. It follows the three dimensions of structural change - final demand, the inter-industry division of labor and inter-industry productivity differences. It first looks at the ?classics?, however (Fisher (1935), Clark (1940), Fourastié (1949), Baumol (1967, 2001), and Fuchs (1968)). Next, it treats studies analyzing differences in service-industry employment, and offers a discussion of studies focussing on final demand as an explanation of higher service shares in GDP. It also provides an overview of studies analyzing the inter-industry division of labor on the basis of input-output data. Finally, it discusses studies following Baumol?s cost-disease hypothesis. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/20200 |
| Other Identifiers: | http://hdl.handle.net/10419/20200 ppn:377465062 |
| Appears in Collections: | EconStor |
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