Output Measurement in the Service Sectors

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Author :
Publisher : University of Chicago Press
ISBN 13 : 0226308898
Total Pages : 576 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Output Measurement in the Service Sectors by : Zvi Griliches

Download or read book Output Measurement in the Service Sectors written by Zvi Griliches and published by University of Chicago Press. This book was released on 2008-04-15 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is the fall in overall productivity growth in the United States and other developed countries related to the rising share of the service sectors in the economy? Since services represent well over half of the U.S. gross national product, it is also important to ask whether these sectors have had a slow rate of growth, as this would act as a major drag on the productivity growth of the overall economy and on its competitive performance. In this timely volume, leading experts from government and academia argue that faulty statistics have prevented a clear understanding of these issues.

Productivity in the U.S. Services Sector

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Author :
Publisher : Rowman & Littlefield
ISBN 13 : 9780815796633
Total Pages : 420 pages
Book Rating : 4.7/5 (966 download)

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Book Synopsis Productivity in the U.S. Services Sector by : Jack E. Triplett

Download or read book Productivity in the U.S. Services Sector written by Jack E. Triplett and published by Rowman & Littlefield. This book was released on 2004-09-21 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: The services industries—which include jobs ranging from flipping hamburgers to providing investment advice—can no longer be characterized, as they have in the past, as a stagnant sector marked by low productivity growth. They have emerged as one of the most dynamic and innovative segments of the U.S. economy, now accounting for more than three-quarters of gross domestic product. During the 1990s, 19 million additional jobs were created in this sector, while growth was stagnant in the goods-producing sector. Here, Jack Triplett and Barry Bosworth analyze services sector productivity, demonstrating that fundamental changes have taken place in this sector of the U.S. economy. They show that growth in the services industries fueled the post-1995 expansion in the U.S. productivity and assess the role of information technology in transforming and accelerating services productivity. In addition to their findings for the services sector as a whole, they include separate chapters for a diverse range of industries within the sector, including transportation and communications, wholesale and retail trade, and finance and insurance. The authors also examine productivity measurement issues, chiefly statistical methods for measuring services industry output. They highlight the importance of making improvements within the U.S. statistical system to provide the more accurate and relevant measures essential for analyzing productivity and economic growth.

Managing the Service Economy: Prospects and Problems

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Author :
Publisher : Cambridge University Press
ISBN 13 : 9780521378581
Total Pages : 356 pages
Book Rating : 4.3/5 (785 download)

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Book Synopsis Managing the Service Economy: Prospects and Problems by : Fishman-Davidson Center for the Study of the Service Sector

Download or read book Managing the Service Economy: Prospects and Problems written by Fishman-Davidson Center for the Study of the Service Sector and published by Cambridge University Press. This book was released on 1985 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: These essays discuss the service sector and causes, problems and prospects of replacing the manufacturing business.

Measuring Public Sector Productivity

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Publisher : Institute of Public Administration
ISBN 13 : 1904541496
Total Pages : 66 pages
Book Rating : 4.9/5 (45 download)

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Book Synopsis Measuring Public Sector Productivity by : Richard Boyle

Download or read book Measuring Public Sector Productivity written by Richard Boyle and published by Institute of Public Administration. This book was released on 2006 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Productivity Measures for Selected Industries and Government Services

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Publisher : DIANE Publishing
ISBN 13 : 9780788105838
Total Pages : 150 pages
Book Rating : 4.1/5 (58 download)

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Book Synopsis Productivity Measures for Selected Industries and Government Services by : DIANE Publishing Company

Download or read book Productivity Measures for Selected Industries and Government Services written by DIANE Publishing Company and published by DIANE Publishing. This book was released on 1994-03 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains: labor productivity indexes (historical data showing the changes in output per employee hour and related series are provided for 177 industries); multifactor productivity measures that show the change in output per unit of combined labor, capital, and intermediate purchases; federal government productivity measures and state/local government measures. Most data from 1967-91. Extensive charts and tables.

Productivity Measures for Selected Industries and Government Services

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Publisher :
ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.:/5 (3 download)

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Book Synopsis Productivity Measures for Selected Industries and Government Services by :

Download or read book Productivity Measures for Selected Industries and Government Services written by and published by . This book was released on 1995 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Medical Care Output and Productivity

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Publisher : University of Chicago Press
ISBN 13 : 0226132307
Total Pages : 627 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis Medical Care Output and Productivity by : David M. Cutler

Download or read book Medical Care Output and Productivity written by David M. Cutler and published by University of Chicago Press. This book was released on 2007-12-01 with total page 627 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the United States and other developed nations spending as much as 14 percent of their GDP on medical care, economists and policy analysts are asking what these countries are getting in return. Yet it remains frustrating and difficult to measure the productivity of the medical care service industries. This volume takes aim at that problem, while taking stock of where we are in our attempts to solve it. Much of this analysis focuses on the capacity to measure the value of technological change and other health care innovations. A key finding suggests that growth in health care spending has coincided with an increase in products and services that together reduce mortality rates and promote additional health gains. Concerns over the apparent increase in unit prices of medical care may thus understate positive impacts on consumer welfare. When appropriately adjusted for such quality improvements, health care prices may actually have fallen. Provocative and compelling, this volume not only clarifies one of the more nebulous issues in health care analysis, but in so doing addresses an area of pressing public policy concern.

Productivity Measurement in the Service Sector

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Author :
Publisher :
ISBN 13 :
Total Pages : 224 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis Productivity Measurement in the Service Sector by :

Download or read book Productivity Measurement in the Service Sector written by and published by . This book was released on 2001 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Bulletin of the United States Bureau of Labor Statistics

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Bulletin of the United States Bureau of Labor Statistics by :

Download or read book Bulletin of the United States Bureau of Labor Statistics written by and published by . This book was released on 1971 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Services Industries and the Knowledge-based Economy

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Publisher : University of Calgary Press
ISBN 13 : 1552381498
Total Pages : 634 pages
Book Rating : 4.5/5 (523 download)

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Book Synopsis Services Industries and the Knowledge-based Economy by : Canada. Industry Canada

Download or read book Services Industries and the Knowledge-based Economy written by Canada. Industry Canada and published by University of Calgary Press. This book was released on 2006 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt: Services industries account for almost three-quarters of both gross domestic product and employment in Canada, a trend that Canada shares with other G-7 countries. Furthermore, the services sector has been responsible for most of Canada's employment creation and much of its productivity growth over the past decade and the sector's importance to the Canadian economy continues to increase. Thirty renowned experts contribute to this volume, which is aimed at better understanding the dynamics of Canadian services industries and identifying the types of policies most likely to improve their innovation and productivity performance.

BLS Handbook of Methods

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Publisher :
ISBN 13 :
Total Pages : 268 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis BLS Handbook of Methods by : United States. Bureau of Labor Statistics

Download or read book BLS Handbook of Methods written by United States. Bureau of Labor Statistics and published by . This book was released on 1992 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Measuring State and Local Government Labor Productivity

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Author :
Publisher : U.S. Government Printing Office
ISBN 13 :
Total Pages : 212 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Measuring State and Local Government Labor Productivity by :

Download or read book Measuring State and Local Government Labor Productivity written by and published by U.S. Government Printing Office. This book was released on 1998 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Service Productivity and Quality Challenge

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 940110073X
Total Pages : 511 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis The Service Productivity and Quality Challenge by : P.T. Harker

Download or read book The Service Productivity and Quality Challenge written by P.T. Harker and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: 3 While all of these explanations seem to have merit, there is one dominant reason why the percentage of GDP and employment dedicated to services has continued to increase: low productivity. According to Baumol's cost disease hypothesis (Baumol, Blackman, and Wolff 1991), the growth in services is actually an illusion. The fact is that service-sector productivity is improving slower than that of manufacturing and thus, it seems as if we are consuming more services in nominal terms. However, in real terms, we are consuming slightly less services. That is, the increase in the service sector is caused by low productivity relative to manufacturing. The implication of Baumol's cost disease is the following. Assuming historical productivity increases for manufacturing, agriCUlture, education and health care, Baumol (1992) shows that the U. S. can triple its output in all sectors within 50 years. However, due to the higher productivity level for manufacturing and agriculture, it will take substantially more employment in services to achieve this increase in output. To put this argument in perspective, simply roll back the clock 100 years or so and replace the words manufacturing with agriculture, and services with manufacturing. The phenomenal growth in agricultural productivity versus manufacturing caused the employment levels in agriculture in the U. S. to decrease rapidly while producing a truly unbelievable amount of food. It is the low productivity of services that is the real culprit in its growth of GDP and employment share.

Structure and Performance of the Services Sector in Transition Economies

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 53 pages
Book Rating : 4./5 ( download)

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Book Synopsis Structure and Performance of the Services Sector in Transition Economies by : Ana M. Fernandes

Download or read book Structure and Performance of the Services Sector in Transition Economies written by Ana M. Fernandes and published by World Bank Publications. This book was released on 2007 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This paper examines the structure and performance of the services sector in Eastern European and Central Asian countries during 1997-2004. Services represent an increasing share of total value added and employment with the major sub-sectors being wholesale trade, retail trade, inland transport, telecommunications, and real estate activities. A clear divide separates EU-5 countries from South Eastern European countries and Ukraine in terms of services labor productivity. Although a large gap in productivity also separates EU-8 countries from EU-15 countries, that gap was reduced from 1997 to 2004 as most services sub-sectors experienced fast productivity growth. High skill intensive sub-sectors and information and communications technology producers and users have exhibited higher productivity levels and growth rates relative to other sub-sectors since 2000. The author finds a positive effect of services liberalization on the productivity growth of services sub-sectors. The author also finds a positive and significant effect of services liberalization in both finance and infrastructure on the productivity of downstream manufacturing.

Monthly Labor Review

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Publisher :
ISBN 13 :
Total Pages : 426 pages
Book Rating : 4.3/5 (129 download)

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Book Synopsis Monthly Labor Review by :

Download or read book Monthly Labor Review written by and published by . This book was released on 2005 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.

New Developments in Productivity Analysis

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Publisher : University of Chicago Press
ISBN 13 : 0226360644
Total Pages : 648 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis New Developments in Productivity Analysis by : Charles R. Hulten

Download or read book New Developments in Productivity Analysis written by Charles R. Hulten and published by University of Chicago Press. This book was released on 2007-11-01 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: The productivity slowdown of the 1970s and 1980s and the resumption of productivity growth in the 1990s have provoked controversy among policymakers and researchers. Economists have been forced to reexamine fundamental questions of measurement technique. Some researchers argue that econometric approaches to productivity measurement usefully address shortcomings of the dominant index number techniques while others maintain that current productivity statistics underreport damage to the environment. In this book, the contributors propose innovative approaches to these issues. The result is a state-of-the-art exposition of contemporary productivity analysis. Charles R. Hulten is professor of economics at the University of Maryland. He has been a senior research associate at the Urban Institute and is chair of the Conference on Research in Income and Wealth of the National Bureau of Economic Research. Michael Harper is chief of the Division of Productivity Research at the Bureau of Labor Statistics. Edwin R. Dean, formerly associate commissioner for Productivity and Technology at the Bureau of Labor Statistics, is adjunct professor of economics at The George Washington University.

Cost Structure and the Measurement of Economic Performance

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Publisher : Springer Science & Business Media
ISBN 13 : 1461550939
Total Pages : 366 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Cost Structure and the Measurement of Economic Performance by : Catherine J. Morrison Paul

Download or read book Cost Structure and the Measurement of Economic Performance written by Catherine J. Morrison Paul and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost Structure and the Measurement of Economic Performance is designed to provide a comprehensive guide for students, researchers or consultants who wish to model, construct, interpret, and use economic performance measures. The topical emphasis is on productivity growth and its dependence on the cost structure. The methodological focus is on application of the tools of economic analysis - the `thinking structure' provided by microeconomic theory - to measure technological or cost structure, and link it with market and regulatory structure. This provides a rich basis for evaluation of economic performance and its determinants. The format of the book stresses topics or questions of interest rather than the theoretical tools for analysis. Traditional productivity growth modeling and measurement practices that result in a productivity residual often called the `measure of our ignorance' are initially overviewed, and then the different aspects of technological, market and regulatory structure that might underlie this residual are explored. The ultimate goal is to decompose or explain the residual, by modeling and measuring a multitude of impacts that determine the economic performance of firms, sectors, and economies. The chapters are organized with three broad goals in mind. The first is to introduce the overall ideas involved in economic performance measurement and traditional productivity growth analysis. Issues associated with different types of (short and long run, internal and external) cost economies, market and regulatory impacts, and other general cost efficiencies that might impact these measures are then explored. Finally, some of the theoretical, data construction and econometric tools necessary to justify and implement these models are emphasized.