IDEAS home Printed from https://ideas.repec.org/p/wfo/wpaper/y2001i146.html
   My bibliography  Save this paper

What Follows Tertiarisation? Structural Change and the Role of Knowledge-based Services

Author

Listed:
  • Michael Peneder
  • Serguei Kaniovski
  • Bernhard Dachs

Abstract

The rise of the service economy has been the predominant pattern of structural change in the twentieth century. This article investigates the driving forces behind the recent stages of this development. Focusing on international input—output data from the early 1970s to the 1990s, a decomposition analysis separates the quantitative impacts of demand, technology and trade-driven determinants of output growth. Our findings confirm the rise of knowledge-based services as the most dynamic component, thus strengthening the case for ‘quaternarisation’ as a process which is distinctly characterised by the substantial contribution of technological and organisational change to structural development.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Michael Peneder & Serguei Kaniovski & Bernhard Dachs, 2001. "What Follows Tertiarisation? Structural Change and the Role of Knowledge-based Services," WIFO Working Papers 146, WIFO.
  • Handle: RePEc:wfo:wpaper:y:2001:i:146
    as

    Download full text from publisher

    File URL: https://www.wifo.ac.at/wwa/pubid/19827
    File Function: Abstract
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Jacques De Bandt, 1999. "The Concept of Labour and Competence Requirements in a Service Economy," The Service Industries Journal, Taylor & Francis Journals, vol. 19(1), pages 1-17, January.
    2. Baumol, William J, 1972. "Macroeconomics of Unbalanced Growth: Reply," American Economic Review, American Economic Association, vol. 62(1), pages 150-150, March.
    3. Baumol, William J & Blackman, Sue Anne Batey & Wolff, Edward N, 1985. "Unbalanced Growth Revisited: Asymptotic Stagnancy and New Evidence," American Economic Review, American Economic Association, vol. 75(4), pages 806-817, September.
    4. Gregory Mankiw, 1995. "The Growth of Nations," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 26(1, 25th A), pages 275-326.
    5. Feinstein, Charles, 1999. "Structural Change in the Developed Countries during the Twentieth Century," Oxford Review of Economic Policy, Oxford University Press, vol. 15(4), pages 35-55, Winter.
    6. Michael Peneder, 2001. "Entrepreneurial Competition and Industrial Location," Books, Edward Elgar Publishing, number 2174.
    7. Jack High (ed.), 2001. "Competition," Books, Edward Elgar Publishing, number 1751.
    8. George J. Stigler, 1951. "The Division of Labor is Limited by the Extent of the Market," Journal of Political Economy, University of Chicago Press, vol. 59, pages 185-185.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Peneder, Michael, 2003. "Industrial structure and aggregate growth," Structural Change and Economic Dynamics, Elsevier, vol. 14(4), pages 427-448, December.
    2. Michael Peneder, 2005. "Tracing empirical trails of Schumpeterian development," Springer Books, in: Uwe Cantner & Elias Dinopoulos & Robert F. Lanzillotti (ed.), Entrepreneurships, the New Economy and Public Policy, pages 203-221, Springer.
    3. Michael Peneder, 2001. "Structural Change and Economic Growth," WIFO Studies, WIFO, number 20668, July.
    4. L. Rachel Ngai & Christopher A. Pissarides, 2004. "Balanced Growth With Structural Change," CEP Discussion Papers dp0627, Centre for Economic Performance, LSE.
    5. Maria Savona & André Lorentz, 2005. "Demand and Technology Determinants of Structural Change and Tertiarisation: An Input-Output Structural Decomposition Analysis for four OECD Countries," LEM Papers Series 2005/25, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    6. Matthias Figo & Peter Mayerhofer, 2015. "Strukturwandel und regionales Wachstum - wissensintensive Unternehmensdienste als Wachstumsmotor?," Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft 145, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik.
    7. L. Rachel Ngai & Christopher A. Pissarides, 2007. "Structural Change in a Multisector Model of Growth," American Economic Review, American Economic Association, vol. 97(1), pages 429-443, March.
    8. Reto Foellmi & Josef Zweim�ller, "undated". "Structural Change and the Kaldor Facts of Economic Growth," IEW - Working Papers 111, Institute for Empirical Research in Economics - University of Zurich.
    9. Henk Kox & Luis Rubalcaba, 2007. "Analysing the Contribution of Business Services to European Economic Growth," Bruges European Economic Research Papers 9, European Economic Studies Department, College of Europe.
    10. repec:ebl:ecbull:v:15:y:2005:i:7:p:1-8 is not listed on IDEAS
    11. Dietrich, Andreas & Krüger, Jens J., 2010. "Numerical explorations of the Ngai-Pissarides model of growth and structural change," Darmstadt Discussion Papers in Economics 199, Darmstadt University of Technology, Department of Law and Economics.
    12. Michael Peneder, 2014. "Warum die Neue Industriepolitik die Deindustrialisierung beschleunigen wird," FIW Policy Brief series 023, FIW.
    13. Esther Gordo & Javier Jareño & Alberto Urtasun, 2006. "Radiografía del sector servicios en España," Occasional Papers 0607, Banco de España.
    14. Serguei Kaniovski & Michael Peneder, 2002. "On the structural dimension of competitive strategy," Industrial and Corporate Change, Oxford University Press, vol. 11(3), pages 557-579, June.
    15. Giulia Felice, 2003. "Dinamica strutturale e occupazione nei servizi," Department of Economics Working Papers 0304, Department of Economics, University of Trento, Italia.
    16. Henk L.M. Kox, 2003. "Sources of structural growth in business services," Industrial Organization 0309004, University Library of Munich, Germany.
    17. N. N., 2007. "De-Industrialisierung in Wien(?) Zur abnehmenden Bedeutung der Sachgütererzeugung für das Wiener Beschäftigungssystem: Umfang, Gründe, Wirkungsmechanismen," WIFO Studies, WIFO, number 33120, July.
    18. Michael Peneder, 2008. "Firm entry and turnover: the nexus with profitability and growth," Small Business Economics, Springer, vol. 30(4), pages 327-344, April.
    19. Wachter, Till von, 2001. "Employment and productivity growth in service and manufacturing sectors in France, Germany and the US," Working Paper Series 0050, European Central Bank.
    20. Serguei Kaniovski & Michael Peneder, 2008. "Determinants of firm survival: a duration analysis using the generalized gamma distribution," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 35(1), pages 41-58, March.
    21. Sanjay Hansda, 2005. "Sustainability of Services-Led Growth: An Input Output Exploration of the Indian Economy," GE, Growth, Math methods 0512009, University Library of Munich, Germany.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wfo:wpaper:y:2001:i:146. 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: . General contact details of provider: https://edirc.repec.org/data/wifooat.html .

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Florian Mayr (email available below). General contact details of provider: https://edirc.repec.org/data/wifooat.html .

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.