Services, Skill and Labor Supply: A Cross-Country Perspective

Richard Rogerson, Joseph Kaboski and Francisco Buera

No 1033, 2013 Meeting Papers from Society for Economic Dynamics

Abstract: This paper examines the role of the market for high-skilled labor in explaining variation in the levels and dynamics of the service share, home production time, and market labor across countries. We establish and extend key facts for a cross-section of countries. First, growth in the total share of services is almost exclusively accounted for by growth in skill-intensive services. Second, high-skilled worker have higher rates of market labor supply and spend less time in home production, particularly for women. Third, labor force participation rates follow a similar pattern. These patterns are closely linked to income per capita. We then develop a model with high- and low-skilled workers and services that are either skill-intensive or not. Households make decisions between market and home production. We evaluate the model vis-a-vis the above patterns and use it to quantify cross-country differences in the service share and labor supply.

Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:red:sed013:1033

Access Statistics for this paper

More papers in 2013 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().