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http://hdl.handle.net/10419/20200
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| Title: | | The shift to services : a review of the literature  |
| Authors: | | Schettkat, Ronald Yocarini, Lara |
| Issue Date: | | 2003 |
| Series/Report no.: | | IZA Discussion paper series 964 |
| 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 |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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