A service sector classification scheme using economic data
Alex Hugh David
The Service Industries Journal, 2014, vol. 34, issue 4, 335-353
Abstract:
Using economic data, this paper recreates a previously published service industry classification scheme that was derived using discursive data from interviews with industry experts. It triangulates the earlier results using a different methodology, and extends earlier classification schemes in a comprehensive, objective way. A principal component analysis of six sector parameter sets from a regression analysis of a productivity data set covering 14 countries produces three sector factors, the 'capital type', the 'innovation type' and the 'quality type', which form the basis of the classification scheme. A high degree of conformity is found between this and the previously published discursive-based scheme.
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:taf:servic:v:34:y:2014:i:4:p:335-353
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DOI: 10.1080/02642069.2013.778974
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