IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Accounting for the Service Sector Growth in the United States: An Econometric Study

Listed author(s):
  • Mohammed I. Ansari

    (Associate Professor, College of Business, Albany State University, Albany, GA)

Registered author(s):

    The main purpose of this paper is to estimate an econometric model for explaining the service sector growth in the US. The paper draws upon existing literature on the subject for selecting the appropriate variables. In view of the latest development in time series analysis, unit root and cointegration tests are first applied to determine the time series characteristics of the data set. An econometric model consisting of a four variable equation is estimated employing in the standard regression techniques. Both Chow-test and recursive least squares method are employed to test the robustness of certain aspects of the results. The findings support the relevance of the secular trend, the Bacon-Eltis, and the Cambridge views to the US service sector growth. The policy implication is that the Us should continue its efforts towards a full liberalization of trade in services under the current WTO regime. This is clearly a better strategy than relying on restrictive trade practices or granting some subsidies to those industries which are losing comparative advantage.

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Article provided by Cyprus Economic Society and University of Cyprus in its journal Ekonomia.

    Volume (Year): 5 (2001)
    Issue (Month): 2 (Winter)
    Pages: 215-228

    in new window

    Handle: RePEc:ekn:ekonom:v:5:y:2001:i:2:p:215-228
    Contact details of provider: Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:ekn:ekonom:v:5:y:2001:i:2:p:215-228. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Managing Editor)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.