Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/185960 
Authors: 
Year of Publication: 
2010
Citation: 
[Journal:] Swiss Journal of Economics and Statistics [ISSN:] 2235-6282 [Volume:] 146 [Issue:] 3 [Publisher:] Springer [Place:] Heidelberg [Year:] 2010 [Pages:] 533-552
Publisher: 
Springer, Heidelberg
Abstract: 
Nordhaus (2008) has developed a testing strategy for what he calls "Baumol's diseases", by which name he designates a number of by-products of structural change that are unwanted from an economic policy perspective. He finds that the U.S. economy is strongly affected by the "diseases". This paper applies Nordhaus's testing methodology to Swiss data. The results suggest that – unlike the U.S. – Switzerland is not affected by the most serious of the "diseases", namely the negative impact of structural change on economic growth.
Subjects: 
Baumol's disease
productivity growth
Switzerland
JEL: 
C12
C23
O41
O47
O52
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Article

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