English, Article, Journal or magazine article edition: The Service Economy in OECD Countries: OECD/Centre d’études prospectives et d’informations internationales (CEPII) Anita Wölfl

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Bookmark: http://trove.nla.gov.au/version/146473
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The Service Economy in OECD Countries: OECD/​Centre d’études prospectives et d’informations internationales (CEPII)
Author
  • Anita Wölfl
Physical Description
  • preprint
Notes
  • Improving the performance of the services sector is important to enhance aggregate economic growth. This is primarily since the service sector has become the quantitatively most important sector in all OECD economies. The growing role of services is not only the result of a resource re-allocation towards services, as the sector with low productivity growth. It is also related to demand side factors, such as a high income elasticity of demand for some services, demographic developments, the provision of certain services as public goods, and the growing role of services as providers of intermediate inputs. The empirical evidence points to several areas where employment and productivity growth in services is held back. For example, labour-intensive production in many services industries may reduce the potential for productivity growth. Innovation is held back by obstacles that are particularly relevant for services industries. The evidence also shows that the regulatory environment for ... L’économie de services dans les pays de l’OCDE : OCDE/​Centre d’études prospectives et d’informations internationales (CEPII) Il est important d’améliorer les performances du secteur des services pour renforcer la croissance économique globale. Celui-ci est en effet devenu dans tous les pays de l’OCDE le secteur le plus important sur le plan quantitatif. Le rôle croissant des services ne résulte pas seulement d’une réaffectation des ressources en direction de cette branche d’activité, dont la productivité augmente peu. D’autres facteurs entrent en ligne de compte du côté de la demande, comme la forte élasticité revenu de la demande de certains services, l’évolution démographique, la fourniture de certains services à titre de biens publics et le rôle croissant des services en tant que fournisseurs de facteurs de production intermédiaires. Les données empiriques dont on dispose montrent que l’emploi et la productivité progressent peu dans plusieurs domaines. La forte intensité de main-d’œuvre de nombreux secteurs de services peut réduire les possibilités de croissance de la productivité. L’innovation est ...
  • RePEc:oec:stiaaa:2005/​3-en
Language
  • English
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