Output Measurement in the Service Sectors

Output Measurement in the Service Sectors

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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.2.6 Services: Automotive repair shops (SIC 753) Note : Individual shop receipts are only from establishments with payrolls. ... 2.5 Results Tables 2.4, 2.5, and 2.6 show the average growth rates of labor productivity, output, and labor input, anbsp;...

Title:Output Measurement in the Service Sectors
Author:Zvi Griliches
Publisher:University of Chicago Press - 2008-04-15


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