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Development Of The Service Sector In Japan And Its Implications For The Economy

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  • Mitsuru Mizuno

Abstract

. The rise of the service economy in industrialized countries is having considerable effects on employment and economic activities in Japan. This paper empirically examines the evolution of the service sector in Japan and assesses its impact on employment generation and economic growth. Owing to the heterogeneous nature of the service sector, it is important to further develop the more productive service industries, while making every effort to increase the productivity of the less productive service industries. Policy‐makers must take appropriate measures to enhance the productivity of the service sector in order to strengthen overall economic growth.

Suggested Citation

  • Mitsuru Mizuno, 2005. "Development Of The Service Sector In Japan And Its Implications For The Economy," Pacific Economic Review, Wiley Blackwell, vol. 10(4), pages 485-492, December.
    • Handle: RePEc:bla:pacecr:v:10:y:2005:i:4:p:485-492
    DOI: 10.1111/j.1468-0106.2005.00287.x
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    1. Stefano Scarpetta & Andrea Bassanini & Dirk Pilat & Paul Schreyer, 2000. "Economic Growth in the OECD Area: Recent Trends at the Aggregate and Sectoral Level," OECD Economics Department Working Papers 248, OECD Publishing.
    2. Anita Wölfl, 2003. "Productivity Growth in Service Industries: An Assessment of Recent Patterns and the Role of Measurement," OECD Science, Technology and Industry Working Papers 2003/7, OECD Publishing.
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    Cited by:

    1. Byun, Jeongeun & Park, Hyun-woo & Hong, Jae Pyo, 2017. "An international comparison of competitiveness in knowledge services," Technological Forecasting and Social Change, Elsevier, vol. 114(C), pages 203-213.

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