Towards Increasingly “Tertiarised” Economies: Facts, Factors and Prospects

Juan Cuadrado-Roura ()

Chapter Chapter 2 in Service Industries and Regions, 2013, pp 21-42 from Springer

Abstract: Abstract Nowadays nobody questions that all developed countries have become “service economies”, particularly taking into account the employment figures, but also considering the weight of service industries as a whole in GDP. The objective of this chapter is not only to describe the trends identified analyzing the economic structure of advanced economies but to clarify also which are the main factors boosting the almost ever-increasing importance of service industries. This last aspect is analyzed both from the demand and the supply sides. The chapter includes also some reflections on the expected growth of services in the following years.

Keywords: Services growth; demand side factors; supply side factors; expected trends (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-642-35801-2_2

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DOI: 10.1007/978-3-642-35801-2_2

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