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Progress in Service Sector Productivity Measurement: Review Article on "Productivity in the U.S. Services Sector: New Sources of Economic Growth"

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  • Erwin Diewert

Abstract

Measurement of productivity in the service sector has always represented a challenge for economists. "Productivity in the U.S. Services Sector: New Sources of Economic Growth", by Jack Triplett and Barry Bosworth from the Brookings Institution is reviewed. The authors have produced a textbook on the different types of measurement error that will force economists to take their empirical estimates with a considerable dose of caution. Both economic statisticians and policy makers will find the book invaluable.

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File URL: http://www.csls.ca/ipm/11/IPM-11-diewert-review-e.pdf
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File URL: http://www.csls.ca/ipm/11/IPM-11-diewert-review-f.pdf
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Bibliographic Info

Article provided by Centre for the Study of Living Standards in its journal International Productivity Monitor.

Volume (Year): 11 (2005)
Issue (Month): (Fall)
Pages: 57-69

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Handle: RePEc:sls:ipmsls:v:11:y:2005:7

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Related research

Keywords: Productivity; United States; Services Sector; Service Sector; Jack Triplett; Triplett; Bosworth; Barry Bosworth; Brookings; Brookings Institution; Estimation; Statistics; Economic Statisticians; Measurement Error; Measurement; Growth; Economic Growth;

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References

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  1. Brian Moyer & Marshall Reinsdorf & Robert Yuskavage, 2005. "Aggregation Issues in Integrating and Accelerating BEA's Accounts: Improved Methods for Calculating GDP by Industry," NBER Working Papers 11073, National Bureau of Economic Research, Inc.
  2. Diewart, W Erwin & Morrison, Catherine J, 1986. "Adjusting Output and Productivity Indexes for Changes in the Terms of Trade," Economic Journal, Royal Economic Society, vol. 96(383), pages 659-79, September.
  3. W. Erwin Diewert, 1995. "Functional Form Problems in Modeling Insurance and Gambling," The Geneva Risk and Insurance Review, Palgrave Macmillan, vol. 20(1), pages 135-150, June.
  4. Martin Neil Baily & Robert J. Gordon, 1988. "The Productivity Slowdown, Measurement Issues, and the Explosion of Computer Power," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 19(2), pages 347-432.
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Cited by:
  1. Jula, Dorin & Jula, Nicoleta, 2007. "Inter-industries productivity gap and the services employment dynamics," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 4(2), pages 5-15, June.
  2. Gu, Wulong & Baldwin, John R., 2008. "Outsourcing and Offshoring in Canada," Economic Analysis (EA) Research Paper Series 2008055e, Statistics Canada, Analytical Studies Branch.

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