The Productivity Renaissance in the U.S. Service Sector
AbstractThis article, which is closely related to the previous article, is also by Andrew Sharpe of the Centre for the Study of Living Standards. It points out that there now appears to be a renaissance in productivity growth in the U.S. service sector, with output per worker growing five times faster in the 1995-98 period than in the 1981-95 period. This development appears to reflect the impact of the massive investments in information technologies, which finally now seem to be producing large productivity gains in a wide range of service industries.
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Bibliographic InfoArticle provided by Centre for the Study of Living Standards in its journal International Productivity Monitor.
Volume (Year): 1 (2000)
Issue (Month): (Fall)
Find related papers by JEL classification:
- O51 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
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- Ronald Schettkat & Joep Damen, 2004. "Demand Patterns and Employment Structures an Aggregate Analysis," DEMPATEM Working Papers wp11, AIAS, Amsterdam Institute for Advanced Labour Studies.
- Martin N. Baily & Robert Lawrence, 2001.
"Do We Have A New E-Conomy?,"
NBER Working Papers
8243, National Bureau of Economic Research, Inc.
- Pascal Petit, 2002. "The Roots of the New Economy: An Institutional Perspective," International Productivity Monitor, Centre for the Study of Living Standards, vol. 4, pages 39-54, Spring.
- Cornwall, John & Cornwall, Wendy, 2002. "A demand and supply analysis of productivity growth," Structural Change and Economic Dynamics, Elsevier, vol. 13(2), pages 203-229, June.
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