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Book Output Measurement in the Service Sectors

Download or read book Output Measurement in the Service Sectors written by Zvi Griliches and published by University of Chicago Press. This book was released on 2008-04-15 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Managing the Service Economy  Prospects and Problems

Download or read book Managing the Service Economy Prospects and Problems written by Fishman-Davidson Center for the Study of the Service Sector and published by Cambridge University Press. This book was released on 1985 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: These essays discuss the service sector and causes, problems and prospects of replacing the manufacturing business.

Book Productivity in the U S  Services Sector

Download or read book Productivity in the U S Services Sector written by Jack E. Triplett and published by Rowman & Littlefield. This book was released on 2004-09-21 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Productivity Measurement in the Service Sector

Download or read book Productivity Measurement in the Service Sector written by and published by . This book was released on 2001 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Technology in Services

Download or read book Technology in Services written by National Academy of Engineering and published by National Academies Press. This book was released on 1988-02-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Productivity Measures for Selected Industries and Government Services

Download or read book Productivity Measures for Selected Industries and Government Services written by DIANE Publishing Company and published by DIANE Publishing. This book was released on 1994-03 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains: labor productivity indexes (historical data showing the changes in output per employee hour and related series are provided for 177 industries); multifactor productivity measures that show the change in output per unit of combined labor, capital, and intermediate purchases; federal government productivity measures and state/local government measures. Most data from 1967-91. Extensive charts and tables.

Book Measuring Public Sector Productivity

Download or read book Measuring Public Sector Productivity written by Richard Boyle and published by Institute of Public Administration. This book was released on 2006 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Problems in the Measurement and Performance of Service sector Productivity in the United States

Download or read book Problems in the Measurement and Performance of Service sector Productivity in the United States written by Robert James Gordon and published by . This book was released on 1996 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Not only has U.S. productivity been poor by international standards but it is highly heterogeneous at the disaggregated industry level. Manufacturing has continued to do well while nonmanufacturing has done poorly, especially the services. Within services, apparel retailing has done well while food retailing has done badly; railroad productivity has accelerated while airline productivity has decelerated. This dispersion of performance argues against a single over-arching explanation of the slowdown. The recent shift to chain- weighted productivity measures substantially increases the magnitude of the U.S productivity slowdown and shifts it later in time. Performance in the 1970s is better than previously thought, while performance in the 1990s has been substantially worse. In addition, productivity performance in each decade has been understated due to an upward bias in the Consumer Price Index This 'CPI bias' has led to an uneven understatement of productivity change, with major errors in manufacturing, trade, and some services. The paper emphasizes two substantive causes of the productivity slowdown that go beyond measurement errors. First, some industries (e.g. electric utilities and airlines) reached a technological frontier in which the sources of earlier rapid productivity growth were exhausted. Second, slow productivity growth in food retailing and some service industries reflects a feedback from the weak bargaining position of U.S. labor. Weak unions, a falling real minimum wage, and immigration have combined to keep real wages in U.S. service industries relatively low, and this encourages overhiring by the standards of some other industrial nations.

Book Bulletin of the United States Bureau of Labor Statistics

Download or read book Bulletin of the United States Bureau of Labor Statistics written by and published by . This book was released on 1971 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Services Industries and the Knowledge based Economy

Download or read book Services Industries and the Knowledge based Economy written by Canada. Industry Canada and published by University of Calgary Press. This book was released on 2006 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt: Services industries account for almost three-quarters of both gross domestic product and employment in Canada, a trend that Canada shares with other G-7 countries. Furthermore, the services sector has been responsible for most of Canada's employment creation and much of its productivity growth over the past decade and the sector's importance to the Canadian economy continues to increase. Thirty renowned experts contribute to this volume, which is aimed at better understanding the dynamics of Canadian services industries and identifying the types of policies most likely to improve their innovation and productivity performance.

Book BLS Handbook of Methods

Download or read book BLS Handbook of Methods written by United States. Bureau of Labor Statistics and published by . This book was released on 1992 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Productivity Trends in the Goods and Service Sectors  1929 61

Download or read book Productivity Trends in the Goods and Service Sectors 1929 61 written by Victor R. Fuchs and published by . This book was released on 1964 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Measuring State and Local Government Labor Productivity

Download or read book Measuring State and Local Government Labor Productivity written by and published by U.S. Government Printing Office. This book was released on 1998 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Service Productivity and Quality Challenge

Download or read book The Service Productivity and Quality Challenge written by P.T. Harker and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Structure and Performance of the Services Sector in Transition Economies

Download or read book Structure and Performance of the Services Sector in Transition Economies written by Ana M. Fernandes and published by World Bank Publications. This book was released on 2007 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This paper examines the structure and performance of the services sector in Eastern European and Central Asian countries during 1997-2004. Services represent an increasing share of total value added and employment with the major sub-sectors being wholesale trade, retail trade, inland transport, telecommunications, and real estate activities. A clear divide separates EU-5 countries from South Eastern European countries and Ukraine in terms of services labor productivity. Although a large gap in productivity also separates EU-8 countries from EU-15 countries, that gap was reduced from 1997 to 2004 as most services sub-sectors experienced fast productivity growth. High skill intensive sub-sectors and information and communications technology producers and users have exhibited higher productivity levels and growth rates relative to other sub-sectors since 2000. The author finds a positive effect of services liberalization on the productivity growth of services sub-sectors. The author also finds a positive and significant effect of services liberalization in both finance and infrastructure on the productivity of downstream manufacturing.

Book Monthly Labor Review

Download or read book Monthly Labor Review written by United States. Bureau of Labor Statistics and published by . This book was released on 2005-07 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.