Output Measurement in the Service Sectors
Zvi Griliches
Apr 2008 · National Bureau of Economic Research Studies in Income and Wealth Book 56 · University of Chicago Press
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About this ebook
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.
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