Productivity In The U S Services Sector

Author : Jack E. Triplett,Barry P. Bosworth
Publisher : Rowman & Littlefield
Page : 418 pages
File Size : 50,7 Mb
Release : 2004-09-21
Category : Business & Economics
ISBN : 9780815796633

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Productivity in the U.S. Services Sector by Jack E. Triplett,Barry P. Bosworth Pdf

The services industries—which include jobs ranging from flipping hamburgers to providing investment advice—can no longer be characterized, as they have in the past, as a stagnant sector marked by low productivity growth. They have emerged as one of the most dynamic and innovative segments of the U.S. economy, now accounting for more than three-quarters of gross domestic product. During the 1990s, 19 million additional jobs were created in this sector, while growth was stagnant in the goods-producing sector. Here, Jack Triplett and Barry Bosworth analyze services sector productivity, demonstrating that fundamental changes have taken place in this sector of the U.S. economy. They show that growth in the services industries fueled the post-1995 expansion in the U.S. productivity and assess the role of information technology in transforming and accelerating services productivity. In addition to their findings for the services sector as a whole, they include separate chapters for a diverse range of industries within the sector, including transportation and communications, wholesale and retail trade, and finance and insurance. The authors also examine productivity measurement issues, chiefly statistical methods for measuring services industry output. They highlight the importance of making improvements within the U.S. statistical system to provide the more accurate and relevant measures essential for analyzing productivity and economic growth.

Author : Gaurav Nayyar,Mary Hallward-Driemeier,Elwyn Davies
Publisher : World Bank Publications
Page : 364 pages
File Size : 52,7 Mb
Release : 2021-10-18
Category : Business & Economics
ISBN : 9781464817106

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At Your Service? by Gaurav Nayyar,Mary Hallward-Driemeier,Elwyn Davies Pdf

Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of structural transformation has changed, with the services sector growing faster than the manufacturing sector. This raises critical questions about the ability of developing economies to close productivity gaps with advanced economies and to create good jobs for more people. At Your Service? The Promise of Services-Led Development (www.worldbank.org/services-led-development) assesses the scope of a services-driven development model and policy directions that can maximize the model’s potential.

Author : Jack E. Triplett,Barry Bosworth
Publisher : Brookings Inst Press
Page : 401 pages
File Size : 42,8 Mb
Release : 2004
Category : Business & Economics
ISBN : 0815783353

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Productivity in the U.S. Services Sector by Jack E. Triplett,Barry Bosworth Pdf

In their new book, Jack Triplett and Barry Bosworth analyze services sector productivity, demonstrating that fundamental changes have taken place in this sector of the U.S. economy.

Author : Zvi Griliches
Publisher : University of Chicago Press
Page : 576 pages
File Size : 42,6 Mb
Release : 2008-04-15
Category : Business & Economics
ISBN : 9780226308890

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Output Measurement in the Service Sectors by Zvi Griliches Pdf

Is the fall in overall productivity growth in the United States and other developed countries related to the rising share of the service sectors in the economy? Since services represent well over half of the U.S. gross national product, it is also important to ask whether these sectors have had a slow rate of growth, as this would act as a major drag on the productivity growth of the overall economy and on its competitive performance. In this timely volume, leading experts from government and academia argue that faulty statistics have prevented a clear understanding of these issues.

Author : Jack E. Triplett,Barry P. Bosworth
Publisher : Rowman & Littlefield
Page : 420 pages
File Size : 42,5 Mb
Release : 2004-09-21
Category : Business & Economics
ISBN : 0815796633

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Productivity in the U.S. Services Sector by Jack E. Triplett,Barry P. Bosworth Pdf

The services industries—which include jobs ranging from flipping hamburgers to providing investment advice—can no longer be characterized, as they have in the past, as a stagnant sector marked by low productivity growth. They have emerged as one of the most dynamic and innovative segments of the U.S. economy, now accounting for more than three-quarters of gross domestic product. During the 1990s, 19 million additional jobs were created in this sector, while growth was stagnant in the goods-producing sector. Here, Jack Triplett and Barry Bosworth analyze services sector productivity, demonstrating that fundamental changes have taken place in this sector of the U.S. economy. They show that growth in the services industries fueled the post-1995 expansion in the U.S. productivity and assess the role of information technology in transforming and accelerating services productivity. In addition to their findings for the services sector as a whole, they include separate chapters for a diverse range of industries within the sector, including transportation and communications, wholesale and retail trade, and finance and insurance. The authors also examine productivity measurement issues, chiefly statistical methods for measuring services industry output. They highlight the importance of making improvements within the U.S. statistical system to provide the more accurate and relevant measures essential for analyzing productivity and economic growth.

Author : OECD
Publisher : OECD Publishing
Page : 120 pages
File Size : 45,5 Mb
Release : 2015-12-11
Category : Electronic
ISBN : 9789264248533

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The Future of Productivity by OECD Pdf

This book addresses the rising productivity gap between the global frontier and other firms, and identifies a number of structural impediments constraining business start-ups, knowledge diffusion and resource allocation (such as barriers to up-scaling and relatively high rates of skill mismatch).

Author : Nanno Mulder
Publisher : Edward Elgar Publishing
Page : 344 pages
File Size : 53,7 Mb
Release : 2002
Category : Business & Economics
ISBN : UCSD:31822031969207

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Economic Performance in the Americas by Nanno Mulder Pdf

This study compares the economic performances of Brazil, Mexico and the US since 1950. As with most other high and middle-income countries, their economies are service-sector orientated and have been for several decades. This book encompasses all sectors of the economy but focuses primarily on services, analysing both the main trends in the various service industries in Brazil and Mexico and the underlying forces shaping their huge expansion.

Author : P.T. Harker
Publisher : Springer Science & Business Media
Page : 511 pages
File Size : 50,9 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789401100731

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The Service Productivity and Quality Challenge by P.T. Harker Pdf

3 While all of these explanations seem to have merit, there is one dominant reason why the percentage of GDP and employment dedicated to services has continued to increase: low productivity. According to Baumol's cost disease hypothesis (Baumol, Blackman, and Wolff 1991), the growth in services is actually an illusion. The fact is that service-sector productivity is improving slower than that of manufacturing and thus, it seems as if we are consuming more services in nominal terms. However, in real terms, we are consuming slightly less services. That is, the increase in the service sector is caused by low productivity relative to manufacturing. The implication of Baumol's cost disease is the following. Assuming historical productivity increases for manufacturing, agriCUlture, education and health care, Baumol (1992) shows that the U. S. can triple its output in all sectors within 50 years. However, due to the higher productivity level for manufacturing and agriculture, it will take substantially more employment in services to achieve this increase in output. To put this argument in perspective, simply roll back the clock 100 years or so and replace the words manufacturing with agriculture, and services with manufacturing. The phenomenal growth in agricultural productivity versus manufacturing caused the employment levels in agriculture in the U. S. to decrease rapidly while producing a truly unbelievable amount of food. It is the low productivity of services that is the real culprit in its growth of GDP and employment share.

Author : Rolf Piekarz,Eleanor Thomas
Publisher : Unknown
Page : 52 pages
File Size : 42,7 Mb
Release : 1974
Category : Labor productivity
ISBN : UIUC:30112011655443

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U.S. Productivity Growth by Rolf Piekarz,Eleanor Thomas Pdf

Author : Victor R. Fuchs
Publisher : Unknown
Page : 72 pages
File Size : 45,8 Mb
Release : 1964
Category : Business & Economics
ISBN : UCSC:32106000787694

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Productivity Trends in the Goods and Service Sectors, 1929-61 by Victor R. Fuchs Pdf

Author : Necmi K. Avkiran
Publisher : Unknown
Page : 423 pages
File Size : 46,7 Mb
Release : 2015
Category : Electronic
ISBN : OCLC:1306514378

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Productivity Analysis in the Service Sector with Data Envelopment Analysis by Necmi K. Avkiran Pdf

Throughout the book, my colleagues and I have endeavored to address the DEA theory needed by the end-users, key model design issues, correct interpretation of DEA results, and advanced concepts of current research focused on further development of DEA. The examples are chosen from the service sector. Specifically represented areas are banking, education, property management, hospitality, tourism, health insurance, socially responsible investments, public transportation, pension funds, information technology, public hospitals, Olympics, telecommunications, public library, police stations, energy, retail, and research centers. Chapter titles follow the naming convention of providing the topic or purpose of the chapter first, followed by the listing of the industries or areas where illustrations have been set.

Author : Alistair Dieppe
Publisher : World Bank Publications
Page : 552 pages
File Size : 53,8 Mb
Release : 2021-06-09
Category : Business & Economics
ISBN : 9781464816093

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Global Productivity by Alistair Dieppe Pdf

The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD

Author : National Academy of Engineering
Publisher : National Academies Press
Page : 256 pages
File Size : 54,6 Mb
Release : 1988-02-01
Category : Business & Economics
ISBN : 9780309038874

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Technology in Services by National Academy of Engineering Pdf

Beginning by dispelling some of the myths about services, this provocative volume examines the growth in services, the way technology has shaped this growth, and the consequences for the American economy. Chapters discuss such topics as the effects of technology on employment patterns and wages, international trade in services, and the relationship between services and the traditional manufacturing industries.

Author : OECD
Publisher : OECD Publishing
Page : 152 pages
File Size : 53,9 Mb
Release : 2019-04-29
Category : Electronic
ISBN : 9789264603981

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OECD Compendium of Productivity Indicators 2019 by OECD Pdf

This report presents a comprehensive overview of recent and longer-term trends in productivity levels and growth in OECD countries, accession countries, key partners and some G20 countries.

Author : Victor R. Fuchs,National Bureau of Economic Research
Publisher : Unknown
Page : 416 pages
File Size : 45,8 Mb
Release : 1969
Category : Business & Economics
ISBN : STANFORD:36105038939562

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Production and Productivity in the Service Industries by Victor R. Fuchs,National Bureau of Economic Research Pdf

Conference report on a meeting to examine factors affecting production and productivity in the service sector in Canada and the USA - includes papers and records of discussions on the use of statistical method in measuring the contribution of services to the gross national product, theoretical aspects of input output, health services, banks, the retail trade, labour productivity, etc. Statistical tables. Conference held in Ottawa 1967 October.