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.In the auto repair case, the outlet sample may be confined to garages where repairs are the principal function, with sales dealerships ... Such chain pricing across countries may be too unrepresentative of the countriesa#39; own price structures.

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


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