The Growth of European Business Services

Luis Rubalcaba and Henk Kox

Chapter 1 in Business Services in European Economic Growth, 2007, pp 15-38 from Palgrave Macmillan

Abstract: Abstract The most direct contribution of the business-services sector to economic growth comes from its own dynamism and expansion. The present chapter discusses the stylized facts about business-services growth in the European Union. We discuss explanatory factors and we also differentiate between business-cycle and structural elements in the sector’s growth. Separate explanations will be offered for the cyclical volatility and for the structural component in the growth of business-services industry. In the final part of the chapter we analyse the characteristics of business services employment.

Keywords: Business Service; Final Demand; Labour Force Survey; Employment Share; Structural Growth (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-22879-5_2

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DOI: 10.1057/9780230228795_2

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