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The State of Data for Services Productivity Measurement in the United States

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Author Info
Jack E. Triplett
Barry P. Bosworth
Abstract

In this article, we present a brief history of the development of services industry data in the United States, review the substantial progress that has been made over the past decade and a half, and present recommendations for needed additional improvements. We conclude that the state of U.S. data for services industry productivity measurement is far better than it was even around 1990. However, our list of more than 40 suggested improvements indicates that, despite the substantial progress the U.S. statistical agencies have made in a relatively brief time, much more work needs to be done. The size of the services sector in GDP and its importance as a contributor to recent productivity advance justifies a further expansion of resources to bring the measurement of services industries fully up to the standard met by the goods-producing industries.

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

Volume (Year): 16 (2008)
Issue (Month): (Spring)
Pages: 53-71
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Handle: RePEc:sls:ipmsls:v:16:y:2008:4

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Related research
Keywords: Service sector productivity Productivity measurement NAICS labour input meaqsurement national accounting methadologies.

Find related papers by JEL classification:
C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data
E23 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Production
O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
O51 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada

Cited by:
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  1. Robert Inklaar & Marcel P. Timmer & Bart van Ark, 2008. "Data for Productivity Measurement in Market Services: An International Comparison," International Productivity Monitor, Centre for the Study of Living Standards, vol. 16, pages 72-81, Spring. [Downloadable!]
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This page was last updated on 2008-8-17.


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