Cost disease in service sector

References

• Acemoglu, D. (2002). Directed technical change. Review of Economic Studies, 69, 781–809. doi: 10.1111/1467-937X.00226
   Web of Science ®Google Scholar
• Alvarez, F., Van Long, N., & Poschke, M. (2015). Capital-labor substitution, structural change and growth (IZA DP No. 8940).
   Google Scholar
• Appelbaum, E., & Schettkat, R. (1999). Are prices unimportant? The changing structure of the industrialized economies. Journal of Post Keynesian Economics, 21(3), 387–398. doi: 10.1080/01603477.1999.11490203
   Web of Science ®Google Scholar
• Arrow, K. J., Chenery, H., Minhas, B. S., & Solow, R. M. (1961). Capital-labor substitution and economic efficiency. The Review of Economics and Statistics, 43, 225–250. doi: 10.2307/1927286
   Web of Science ®Google Scholar
• Baumol, W. J. (1967). Macroeconomics of unbalanced growth: The anatomy of urban crisis. American Economic Review, 57(3), 415–426.
   Web of Science ®Google Scholar
• Baumol, W. J. (2001). Paradox of the services: Exploding costs, persistent demand. In T. Ten Raa & R. Schettkat (Eds.), The growth of service industries: The paradox of exploding costs and persistent demand (pp. 3–28). Cheltenham: Edward Elgar.
   Google Scholar
• Baumol, W. J., Blackman, S. A., & Wolff, E. N. (1985). Unbalanced growth revisited: Asymptotic stagnancy and new evidence. American Economic Review, 75(4), 806–817.
   Web of Science ®Google Scholar
• Bils, M., & Kleenow, P. (1995). Uncovering curvature tests of competing business cycle models. Mimeo: University of Chicago.
   Google Scholar
• Bradford, D. (1969). Balance on unbalanced growth. Zeitschrift für Nationalökonomie, 29, 291–304. doi: 10.1007/BF01322908
   Google Scholar
• Chenery, H. B. (1960). Patterns of industrial growth. American Economic Review, 50(4), 624–654.
   Web of Science ®Google Scholar
• Chenery, H., & Syrquin, M. (1975). Patterns of development 1957–1970. Oxford: Oxford University Press.
   Google Scholar
• Clark, C. (1940, revised and reprinted in 1951). The conditions of economic progress. London: MacMillan & Co, Ltd.
   Google Scholar
• Eichengreen, B., & Gupta, P. (2013). The two waves of service-sector growth. Oxford Economic Papers, 65(1), 96–123. doi: 10.1093/oep/gpr059
   Web of Science ®Google Scholar
• Falvey, R. E., & Gemmell, N. (1996). Are services income-elastic? Some new evidence. Review of Income and Wealth, 42(3), 257–269. doi: 10.1111/j.1475-4991.1996.tb00182.x
   Google Scholar
• Fisher, A. G. (1935). The clash of progress and security. London: MacMillan.
   Google Scholar
• Fixler, D. J., & Siegel, D. (1999). Outsourcing and productivity growth in services. Structural Change and Economic Dynamics, 10(2), 177–194. doi: 10.1016/S0954-349X(98)00048-4
   Google Scholar
• Freeman, R. B., & Schettkat, R. (1999). Differentials in service industry employment growth: Germany and the U.S. In the comparable German American structural database. Brussels: European Commission, Directorate-General for Employment and Social Affairs.
   Google Scholar
• Fuchs, V. R. (1968). The service economy. New York: Columbia University Press.
   Google Scholar
• Gershuny, J., & Miles, I. (1983). The new service economy: the transformation of employment in industrial societies. London: Frances Pinter.
   Google Scholar
• Greenhalgh, C., & Gregory, M. (2001). Structural Change and the emergence of the new service economy. Oxford Bulletin of Economics and Statistics, 63, 629–646. doi: 10.1111/1468-0084.63.spe1.2
   Web of Science ®Google Scholar
• Guerrieri, P., & Meliciani, V. (2005). Technology and international competitiveness: The interdependence between manufacturing and producer services. Structural Change and Economic Dynamics, 16(4), 489–502. doi: 10.1016/j.strueco.2005.02.002
   Google Scholar
• Herrendorf, B., Herrington, C., & Valentinyi, A. (2015). Sectoral technology and structural transformation. American Economic Journal: Macroeconomics, 7, 104–133.
   Web of Science ®Google Scholar
• Herrendorf, B., Rogerson, R., & Valentinyi, A. (2013). Two perspectives on preferences and structural transformation. American Economic Review, 103, 2752–2789. doi: 10.1257/aer.103.7.2752
   Web of Science ®Google Scholar
• Houthakker, H. S., & Taylor, L. (1970). Consumer demand in the United State: Analysis and projections. Cambridge, MA: Harvard University Press.
   Google Scholar
• Kendrick, J. W. (1985). Measurement of output and productivity in the service sector. In R. Inman (Ed.), Managing the service economy: Prospects and problems (pp. 111–123). Cambridge: Cambridge University Press.
   Google Scholar
• Kongsamut, P., Rebelo, S., & Xie, D. (2001). Beyond balanced growth. The Review of Economic Studies, 68(4), 869–882. doi: 10.1111/1467-937X.00193
   Web of Science ®Google Scholar
• Kuznets, S. (1957). Quantitative aspects of the economic growth of nations: II. Industrial distribution of national product and labor force. Economic Development and Cultural Change, 5, 1–111. doi: 10.1086/449740
   Google Scholar
• León-Ledesma, M. A., McAdam, P., & Willman, A. (2010). Identifying the elasticity of substitution with biased technical change. American Economic Review, 100, 1330–1357. doi: 10.1257/aer.100.4.1330
   Web of Science ®Google Scholar
• Mattey, J. P. (2001). Will the new information economy cure the cost disease in the USA? In T. Ten Raa & R. Schettkat (Eds.), The growth of service industries: The paradox of exploding costs and persistent demand (pp. 87–104). Cheltenham: Edward Elgar.
   Google Scholar
• Mohnen, P., & Ten Raa, T. (2001). Productivity trends and employment across industries in Canada. In T. Ten Raa & R. Schettkat (Eds.), The growth of service industries: The pradox of exploding costs and persistent demand (pp. 105–117). Cheltenham: Edward Elgar.
   Google Scholar
• Ngai, L. R., & Pissarides, C. (2007). Structural change in a multi-sector model of growth. American Economic Review, 97(1), 429–443. doi: 10.1257/000282807780323460
   Web of Science ®Google Scholar
• Nordhaus, W. (2008). Baumol’s disease: A macroeconomic perspective. The B.E. Journal of Macroeconomics, 8, 1–37. doi: 10.2202/1935-1690.1382
   Web of Science ®Google Scholar
• Oulton, N. (2001). Must the growth rate decline? Baumol’s unbalanced growth revisited. Oxford Economic Papers, 53(4), 605–627. doi: 10.1093/oep/53.4.605
   Web of Science ®Google Scholar
• O’Mahony, M., & de Boer, W. (2002). Britain’s relative productivity performance: Has anything changed? Journal of National Institute of Economic and Social Research, 179(1), 38–43. doi: 10.1177/002795010217900106
   Google Scholar
• Rowthorn, R., & Ramaswamy, R. (1997). Staff studies for the world economic outlook (pp. 61–77). Washington, DC: International Monetary Fund.
   Google Scholar
• Rowthorn, R., & Wells, J. R. (1987). De-industrialization and foreign trade. Cambridge: Cambridge University Press.
   Google Scholar
• Russo, G., & Schettkat, R. (2001). Structural economic dynamics: Myth or reality? Structural change and final product concept. In T. Ten Raa & R. Schettkat (Eds.), The growth of service industries: The paradox of exploding costs and persistent demand (pp. 132–166). Cheltenham: Edward Elgar.
   Google Scholar
• Sasaki, H. (2007). The rise of service employment and its impact on aggregate productivity growth. Structural Change and Economic Dynamics, 18(4), 438–459. doi: 10.1016/j.strueco.2007.06.003
   Google Scholar
• Schettkat, R. (2002). The two blades of the scissors: The interaction between demand and supply in market economies. Mimeo: University of Wuppertal.
   Google Scholar
• Schettkat, R., & Yocarini, L. (2003). State of the Art in the Analysis of Structural Changes. DEMPATEM in Perspective, DEMPATEM paper.
   Google Scholar
• Smith, A. (1776). An Inquiry into the Nature and Causes of the Wealth of Nations. London: Edwin Cannan.
   Google Scholar
• Spann, R. M. (1977). The macroeconomics of unbalanced growth and the expanding public sector. Journal of Public Economics, 8, 397–404. doi: 10.1016/0047-2727(77)90010-X
   Web of Science ®Google Scholar
• Summers, R. (1985). Services in the international economy. In R. P. Inman (Ed.), Managing the service economy (pp. 27–48). Cambridge: CUP.
   Google Scholar
• Ten Raa, T., & Schettkat, R. (2001). Potential explanation of the real share maintenance of the services. In The growth of service industries: The paradox of exploding costs and persistent demand (pp. 29–41). Cheltenham: Edward Elgar.
   Google Scholar