Productivity in Business Services

Dirk Pilat

Chapter 3 in Business Services in European Economic Growth, 2007, pp 62-73 from Palgrave Macmillan

Abstract: Abstract The need for a stronger and more dynamic services sector arises primarily from the growing weight of services in OECD economies. If policy makers wish to strengthen the basis for future growth in OECD countries, the services sector will need to make a larger contribution than is currently the case. The experience of several OECD countries shows that this is feasible; in Australia, Canada, Luxembourg, the Slovak Republic and the United States, the services sector has made a large contribution to both employment and productivity growth over the past decade (Wölfl, 2005). In other countries, such as France, Italy, the Netherlands and Spain, the contribution of services to productivity growth has been low, however (OECD, 2005a).

Keywords: Productivity Growth; Service Sector; OECD Country; Business Service; Labour Input (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_4

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DOI: 10.1057/9780230228795_4

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