Productivity Growth in Service Industries: An Assessment of Recent Patterns and the Role of Measurement
This paper examines recent patterns in productivity growth of service industries and analyses the role of problems in measuring service productivity growth on industry and aggregate productivity growth. At the aggregate level, unbalanced growth can be observed between a dynamic manufacturing sector...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2003
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Schriftenreihe: | OECD Science, Technology and Industry Working Papers
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Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | This paper examines recent patterns in productivity growth of service industries and analyses the role of problems in measuring service productivity growth on industry and aggregate productivity growth. At the aggregate level, unbalanced growth can be observed between a dynamic manufacturing sector on one hand and a rather stagnant service sector on the other. The service sector itself is, however, composed of a set of heterogenous industries with productivity growth rates ranging from low or negative rates to growth rates exceeding those of high-growth manufacturing industries. The empirical evidence suggests that low or negative productivity growth rates in several services are linked to measurement problems. Computing constant price service output is particularly important. Potential under-estimation of service productivity growth leads eventually to an under-estimation of aggregate productivity growth, via aggregation effects and the flows of intermediate inputs. There ... |
Beschreibung: | 1 Online-Ressource (66 Seiten) 21 x 29.7cm |
DOI: | 10.1787/086461104618 |
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spelling | Wölfl, Anita Verfasser aut Productivity Growth in Service Industries An Assessment of Recent Patterns and the Role of Measurement Anita Wölfl = Croissance de la productivité dans le secteur des services analyse des tendances actuelles et rôle de la mesure / Anita Wölfl Croissance de la productivité dans le secteur des services analyse des tendances actuelles et rôle de la mesure Paris OECD Publishing 2003 1 Online-Ressource (66 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Science, Technology and Industry Working Papers This paper examines recent patterns in productivity growth of service industries and analyses the role of problems in measuring service productivity growth on industry and aggregate productivity growth. At the aggregate level, unbalanced growth can be observed between a dynamic manufacturing sector on one hand and a rather stagnant service sector on the other. The service sector itself is, however, composed of a set of heterogenous industries with productivity growth rates ranging from low or negative rates to growth rates exceeding those of high-growth manufacturing industries. The empirical evidence suggests that low or negative productivity growth rates in several services are linked to measurement problems. Computing constant price service output is particularly important. Potential under-estimation of service productivity growth leads eventually to an under-estimation of aggregate productivity growth, via aggregation effects and the flows of intermediate inputs. There ... Science and Technology https://doi.org/10.1787/086461104618 Verlag kostenfrei Volltext |
spellingShingle | Wölfl, Anita Productivity Growth in Service Industries An Assessment of Recent Patterns and the Role of Measurement Science and Technology |
title | Productivity Growth in Service Industries An Assessment of Recent Patterns and the Role of Measurement |
title_alt | Croissance de la productivité dans le secteur des services analyse des tendances actuelles et rôle de la mesure |
title_auth | Productivity Growth in Service Industries An Assessment of Recent Patterns and the Role of Measurement |
title_exact_search | Productivity Growth in Service Industries An Assessment of Recent Patterns and the Role of Measurement |
title_exact_search_txtP | Productivity Growth in Service Industries An Assessment of Recent Patterns and the Role of Measurement |
title_full | Productivity Growth in Service Industries An Assessment of Recent Patterns and the Role of Measurement Anita Wölfl = Croissance de la productivité dans le secteur des services analyse des tendances actuelles et rôle de la mesure / Anita Wölfl |
title_fullStr | Productivity Growth in Service Industries An Assessment of Recent Patterns and the Role of Measurement Anita Wölfl = Croissance de la productivité dans le secteur des services analyse des tendances actuelles et rôle de la mesure / Anita Wölfl |
title_full_unstemmed | Productivity Growth in Service Industries An Assessment of Recent Patterns and the Role of Measurement Anita Wölfl = Croissance de la productivité dans le secteur des services analyse des tendances actuelles et rôle de la mesure / Anita Wölfl |
title_short | Productivity Growth in Service Industries |
title_sort | productivity growth in service industries an assessment of recent patterns and the role of measurement |
title_sub | An Assessment of Recent Patterns and the Role of Measurement |
topic | Science and Technology |
topic_facet | Science and Technology |
url | https://doi.org/10.1787/086461104618 |
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