The business services industry represents a large and fast-growing chunk of the Dutch economy, approaching the size of the total manufacturing industry. The industry, however, has displayed stagnating productivity growth, accompanied in some years by a fall in productivity. Do these stylised facts imply that the Dutch economy is inevitably headed for the “Baumol disease”? Investigating this question, this paper reviews policy options that might improve the productivity record of the business services industry and strengthen its contributions to the productivity of client industries.business services, impact on macro-economic productivity growth
In order to clarify the theoretical implications of recent employment growth in the services – and i...
This paper argues that there is reason to be skeptical about the idea that the transition to a servi...
Service industries play a core role in advanced economies, both from a quantitative a strategic poin...
A pervasive trend that characterised the past two decades of European economic growth is that the sh...
I analyze structural change within the services sector and its implications for Baumol's cost disea...
The sector business services contributes directly and indirectly to aggregate economic growth in Eur...
The sector business services contributes directly and indirectly to aggregate economic growth in Eur...
In most EU member states, the business services industry has booked no productivity growth during th...
Since the mid-nineties, U.S. labor productivity outgrows its European counterpart by a wide margin. ...
The paper investigates whether scale effects, market structure, and regulation determine the poor pr...
For over three decades, measured productivity growth in the commercial service sector has consistent...
Using data from 11 EU countries, the paper investigates the impact of scale economies on labour prod...
A pervasive trend that characterised the past two decades of European economic growth is that the sh...
In his paper “Baumol’s diseases: a macroeconomic perspective”, Nordhaus (2008) applies a new testing...
European business services has witnessed about two decades of virtual productivity stagnation. The p...
In order to clarify the theoretical implications of recent employment growth in the services – and i...
This paper argues that there is reason to be skeptical about the idea that the transition to a servi...
Service industries play a core role in advanced economies, both from a quantitative a strategic poin...
A pervasive trend that characterised the past two decades of European economic growth is that the sh...
I analyze structural change within the services sector and its implications for Baumol's cost disea...
The sector business services contributes directly and indirectly to aggregate economic growth in Eur...
The sector business services contributes directly and indirectly to aggregate economic growth in Eur...
In most EU member states, the business services industry has booked no productivity growth during th...
Since the mid-nineties, U.S. labor productivity outgrows its European counterpart by a wide margin. ...
The paper investigates whether scale effects, market structure, and regulation determine the poor pr...
For over three decades, measured productivity growth in the commercial service sector has consistent...
Using data from 11 EU countries, the paper investigates the impact of scale economies on labour prod...
A pervasive trend that characterised the past two decades of European economic growth is that the sh...
In his paper “Baumol’s diseases: a macroeconomic perspective”, Nordhaus (2008) applies a new testing...
European business services has witnessed about two decades of virtual productivity stagnation. The p...
In order to clarify the theoretical implications of recent employment growth in the services – and i...
This paper argues that there is reason to be skeptical about the idea that the transition to a servi...
Service industries play a core role in advanced economies, both from a quantitative a strategic poin...