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Title:The shift to services : a review of the literature PDF Logo
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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