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 Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().