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Business Services as a Production Factor

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Author Info
Ina Drejer
Abstract

Based on the assumption that business services are influential production factors, an empirical analysis of the relation between business service inputs and production output in user sectors is carried out. Danish data from 52 manufacturing and service sectors covering the period 1970-95 are applied in the analysis. A sectoral dimension is introduced by dividing the 52 sectors into eight sectoral groupings and then allowing the slopes of the different variables included in the model to vary between the eight groups. The empirical analysis offers some support to the assumption that business services can have an effect comparable to traditional production factors, although this only applies to service sectors, and, partly, to low-knowledge manufacturing.

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Publisher Info
Article provided by Taylor and Francis Journals in its journal Economic Systems Research.

Volume (Year): 14 (2002)
Issue (Month): 4 (December)
Pages: 389-405
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Handle: RePEc:taf:ecsysr:v:14:y:2002:i:4:p:389-405

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Related research
Keywords: Business Service Inputs; Sectoral Differences; Denmark;

Cited by:
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  1. Consoli Davide & Patrucco Pier Paolo, 2004. "Production of collective knowledge: some evidence from european metropolitan areas," Dipartimento di Economia "S. Cognetti de Martiis" LEI & BRICK - Laboratorio di economia dell'innovazione "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo 200402, University of Turin. [Downloadable!]
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