Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/20200 
Year of Publication: 
2003
Series/Report no.: 
IZA Discussion Papers No. 964
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
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.
Subjects: 
structural economic change
service industries
economic development
productivity
employment
JEL: 
N1
O4
O3
O1
E2
J3
J2
L8
L0
Document Type: 
Working Paper

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