Author: Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 880
Book Description
The Business and Industry Conference on Inflation
Author: The Business and Industry Conference on Inflation; Report...
Author: Convention
Author: National Electric Light Association. ConventionPublisher:
ISBN:
Category : Electric lighting
Languages : en
Pages : 1780
Book Description
Proceedings of the Second Annual Convention of the Industrial Workers of the World
Author: Industrial Workers of the World. ConventionPublisher:
ISBN:
Category : Labor and laboring classes
Languages : en
Pages : 630
Book Description
Proceedings of the ... Annual Convention of the Industrial Workers of the World
Author: Industrial Workers of the WorldPublisher:
ISBN:
Category : Labor unions
Languages : en
Pages : 652
Book Description
Bargaining Calendar
Author: Publisher:
ISBN:
Category : Collective bargaining
Languages : en
Pages : 686
Book Description
Miscellaneous Manufacturing, Construction, and Service Industries Conference
Author: United Steelworkers of America. Research-Contract DepartmentPublisher:
ISBN:
Category : Labor contract
Languages : en
Pages : 258
Book Description
The Service Productivity and Quality Challenge
Author: P.T. HarkerPublisher: Springer Science & Business Media
ISBN: 940110073X
Category : Business & Economics
Languages : en
Pages : 511
Book Description
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.
Reports and Documents
Author: United States. CongressPublisher:
ISBN:
Category :
Languages : en
Pages : 1044
Book Description
Census Catalog and Guide
Author: United States. Bureau of the CensusPublisher:
ISBN:
Category : United States
Languages : en
Pages : 404
Book Description
Includes subject area sections that describe all pertinent census data products available, i.e. "Business--trade and services", "Geography", "Transportation," etc.