The shift to services : a review of the literature

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Discussion Papers ; No. 964

Classification and Topics

• Classification: Wirtschaft
• Subject: structural economic change ; service industries ; economic development ; productivity ; employment ; Dienstleistungssektor ; Drei-Sektoren-Hypothese ; Strukturwandel ; Welt

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Schettkat, Ronald ; Yocarini, Lara
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2003

Further information

• Handle: http://hdl.handle.net/10419/20200
• Last update: 10.03.2025, 11:42 AM CET