The chapter seeks to show the importance of the IO framework for fully appreciating the contribution of service industries to economic growth. It reviews the recent literature on structural change and terziarization (the shift of resources away from manufacturing and agriculture and toward the service industries) and highlights the importance of supply (inter-industry differential in productivity growth) and demand causes for the growth of services. It will be depicts the basic productivity analysis and investigates the importance of changes in the inter-industry linkages and outsourcing for the growth of the service industries. This section also reviews how productivity growth across industries can be linked by means of IO tables. Additional institutional factors may affect the speed at which resources accrue to service industries, which are still very important determinants of inter-country differences in the size of the service industries even if not easily treatable in an IO framework.

Input-Output Tables and the Interconnectedness of the Service Industries

CHIES, LAURA;
2017

Abstract

The chapter seeks to show the importance of the IO framework for fully appreciating the contribution of service industries to economic growth. It reviews the recent literature on structural change and terziarization (the shift of resources away from manufacturing and agriculture and toward the service industries) and highlights the importance of supply (inter-industry differential in productivity growth) and demand causes for the growth of services. It will be depicts the basic productivity analysis and investigates the importance of changes in the inter-industry linkages and outsourcing for the growth of the service industries. This section also reviews how productivity growth across industries can be linked by means of IO tables. Additional institutional factors may affect the speed at which resources accrue to service industries, which are still very important determinants of inter-country differences in the size of the service industries even if not easily treatable in an IO framework.
978-1-78347-631-2
File in questo prodotto:
File Dimensione Formato  
Chies_Input-Output Tables and the Interconnectedness of the Service.pdf

non disponibili

Descrizione: capitolo con frontespizio e indice del libro
Tipologia: Documento in Versione Editoriale
Licenza: Copyright Editore
Dimensione 16.61 MB
Formato Adobe PDF
16.61 MB Adobe PDF   Visualizza/Apri   Richiedi una copia

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11368/2902537
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 0
  • ???jsp.display-item.citation.isi??? ND
social impact