Revisiting Baumol’s Disease: Structural Change, Productivity Slowdown and Income Inequality
Author
Abstract
Suggested Citation
DOI: 10.2478/ie-2023-0066
Download full text from publisher
References listed on IDEAS
- Oulton, Nicholas, 2001.
"Must the Growth Rate Decline? Baumol's Unbalanced Growth Revisited,"
Oxford Economic Papers, Oxford University Press, vol. 53(4), pages 605-627, October.
- Nicholas Oulton, 2000. "Must the growth rate decline? Baumol's unbalanced growth revisited," Bank of England working papers 107, Bank of England.
- David M. Byrne & John G. Fernald & Marshall B. Reinsdorf, 2016.
"Does the United States Have a Productivity Slowdown or a Measurement Problem?,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 47(1 (Spring), pages 109-182.
- David M. Byrne & John G. Fernald & Marshall B. Reinsdorf, 2016. "Does the United States have a productivity slowdown or a measurement problem?," Working Paper Series 2016-3, Federal Reserve Bank of San Francisco.
- David M. Byrne & John G. Fernald & Marshall B. Reinsdorf, 2016. "Does the United States have a Productivity Slowdown or a Measurement Problem," Finance and Economics Discussion Series 2016-17, Board of Governors of the Federal Reserve System (U.S.).
- Nordhaus William D, 2008.
"Baumol's Diseases: A Macroeconomic Perspective,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 8(1), pages 1-39, February.
- William D. Nordhaus, 2006. "Baumol's Diseases: A Macroeconomic Perspective," NBER Working Papers 12218, National Bureau of Economic Research, Inc.
- Nicholas Oulton, 2016.
"The Mystery of TFP,"
International Productivity Monitor, Centre for the Study of Living Standards, vol. 31, pages 68-87, Fall.
- Oulton, Nicholas, 2017. "The mystery of TFP," LSE Research Online Documents on Economics 86168, London School of Economics and Political Science, LSE Library.
- Nicholas Oulton, 2017. "The Mystery of TFP," Discussion Papers 1706, Centre for Macroeconomics (CFM).
- Nicholas Oulton, 2017. "The mystery of TFP," Economic Statistics Centre of Excellence (ESCoE) Discussion Papers ESCoE DP-2017-02, Economic Statistics Centre of Excellence (ESCoE).
- Notarangelo, Micaela, 1999. "Unbalanced growth: a case of structural dynamics," Structural Change and Economic Dynamics, Elsevier, vol. 10(2), pages 209-223, June.
- Philip Flegler & Hagen Krämer, 2021. "Das Produktivitätsparadoxon der unternehmensbezogenen Dienstleistungen," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 74(03), pages 38-45, March.
- Helland, Eric & Tabarrok, Alexander, 2019. "Why Are the Prices So Damn High? Health, Education, and the Baumol Effect," Annals of Computational Economics, George Mason University, Mercatus Center, May.
- Jochen Hartwig, 2008. "Productivity Growth In Service Industries: Are The Transatlantic Differences Measurement‐Driven?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 54(3), pages 494-505, September.
- Jochen Hartwig, 2011. "Testing The Baumol–Nordhaus Model With Eu Klems Data," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 57(3), pages 471-489, September.
- Torben M. Andersen, 2016. "Does The Public Sector Implode From Baumol'S Cost Disease?," Economic Inquiry, Western Economic Association International, vol. 54(2), pages 810-818, April.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Hartwig, Jochen, 2015.
"Structural change, aggregate demand and employment dynamics in the OECD, 1970–2010,"
Structural Change and Economic Dynamics, Elsevier, vol. 34(C), pages 36-45.
- Jochen Hartwig, 2013. "Structural Change, Aggregate Demand and Employment Dynamics in the OECD, 1970-2010," KOF Working papers 13-343, KOF Swiss Economic Institute, ETH Zurich.
- Sasaki, Hiroaki & Mizutani, Aya, 2024. "Public Services, Welfare, and Growth under Baumol's Cost Disease," MPRA Paper 121693, University Library of Munich, Germany.
- DUERNECKER Georg & SANCHEZ MARTINEZ Miguel, 2021. "Structural change and productivity growth in the European Union: Past, present and future," JRC Working Papers on Territorial Modelling and Analysis 2021-09, Joint Research Centre.
- Adrián Rial & Rafael Fernández, 2023. "Does tertiarisation slow down productivity growth? A Kaldorian–Baumolian analysis across 10 developed economies," Metroeconomica, Wiley Blackwell, vol. 74(1), pages 188-222, February.
- Jochen Hartwig, 2008. "Has Health Capital Formation Cured 'Baumol's Disease'? - Panel Granger Causality Evidence for OECD Countries," KOF Working papers 08-206, KOF Swiss Economic Institute, ETH Zurich.
- Alexander S. Kritikos & Alexander Schiersch & Caroline Stiel, 2022. "The productivity shock in business services," Small Business Economics, Springer, vol. 59(3), pages 1273-1299, October.
- Hartwig, Jochen & Krämer, Hagen, 2019.
"The ‘Growth Disease’ at 50 – Baumol after Oulton,"
Structural Change and Economic Dynamics, Elsevier, vol. 51(C), pages 463-471.
- Jochen Hartwig & Hagen Krämer, 2017. "The Growth Disease at 50 – Baumol after Oulton," Chemnitz Economic Papers 010, Department of Economics, Chemnitz University of Technology.
- Peter Bauer & Igor Fedotenkov & Aurelien Genty & Issam Hallak & Peter Harasztosi & David Martinez Turegano & David Nguyen & Nadir Preziosi & Ana Rincon-Aznar & Miguel Sanchez Martinez, 2020. "Productivity in Europe: Trends and drivers in a service-based economy," JRC Research Reports JRC119785, Joint Research Centre.
- Nicholas Oulton, 2016.
"The Mystery of TFP,"
International Productivity Monitor, Centre for the Study of Living Standards, vol. 31, pages 68-87, Fall.
- Nicholas Oulton, 2017. "The mystery of TFP," Economic Statistics Centre of Excellence (ESCoE) Discussion Papers ESCoE DP-2017-02, Economic Statistics Centre of Excellence (ESCoE).
- Oulton, Nicholas, 2017. "The mystery of TFP," LSE Research Online Documents on Economics 86168, London School of Economics and Political Science, LSE Library.
- Nicholas Oulton, 2017. "The Mystery of TFP," Discussion Papers 1706, Centre for Macroeconomics (CFM).
- Riccardo Pariboni & Pasquale Tridico, 2020. "Structural change, institutions and the dynamics of labor productivity in Europe," Journal of Evolutionary Economics, Springer, vol. 30(5), pages 1275-1300, November.
- Jia, Fei & Ma, Xiuying & Xu, Xiangyun & Xie, Lijuan, 2020. "The differential role of manufacturing and non-manufacturing TFP growth in economic growth," Structural Change and Economic Dynamics, Elsevier, vol. 52(C), pages 174-183.
- Jochen Hartwig, 2019. "Further insights into 'Baumol's disease' in Japan," Economics Bulletin, AccessEcon, vol. 39(4), pages 2308-2316.
- Sasaki, Hiroaki, 2012.
"Endogenous phase switch in Baumol's service paradox model,"
Structural Change and Economic Dynamics, Elsevier, vol. 23(1), pages 25-35.
- Hiroaki Sasaki, 2010. "Endogenous Phase Switch in Baumol’s Service Paradox Model," Discussion papers e-10-010, Graduate School of Economics Project Center, Kyoto University.
- Alexander S. Kritikos & Alexander Schiersch & Caroline Stiel, 2021.
"The productivity puzzle in business services,"
CEPA Discussion Papers
37, Center for Economic Policy Analysis.
- Kritikos, Alexander S. & Schiersch, Alexander & Stiel, Caroline, 2021. "The Productivity Puzzle in Business Services," IZA Discussion Papers 14610, Institute of Labor Economics (IZA).
- Alexander S. Kritikos & Alexander Schiersch & Caroline Stiel, 2021. "The Productivity Puzzle in Business Services," Discussion Papers of DIW Berlin 1960, DIW Berlin, German Institute for Economic Research.
- Sen, Ali, 2020. "Structural change within the services sector, Baumol's cost disease, and cross-country productivity differences," MPRA Paper 99614, University Library of Munich, Germany.
- Claudio De Vincenti, 2007. "‘Baumol'S Disease’, Production Externalities And Productivity Effects Of Intersectoral Transfers," Metroeconomica, Wiley Blackwell, vol. 58(3), pages 396-412, July.
- Sasaki, Hiroaki, 2007. "The rise of service employment and its impact on aggregate productivity growth," Structural Change and Economic Dynamics, Elsevier, vol. 18(4), pages 438-459, December.
- Akos Valentinyi & Georg Duernecker, 2017. "Unbalanced Growth Slowdown," 2017 Meeting Papers 822, Society for Economic Dynamics.
- Claudia Fontanari & Antonella Palumbo, 2023.
"Permanent scars: The effects of wages on productivity,"
Metroeconomica, Wiley Blackwell, vol. 74(2), pages 351-389, May.
- Claudia Fontanari & Antonella Palumbo, 2022. "Permanent Scars:The Effects of Wages on Productivity," Working Papers Series inetwp187, Institute for New Economic Thinking.
- Ian Goldin & Pantelis Koutroumpis & François Lafond & Julian Winkler, 2024.
"Why Is Productivity Slowing Down?,"
Journal of Economic Literature, American Economic Association, vol. 62(1), pages 196-268, March.
- Goldin, Ian & Koutroumpis, Pantelis & Lafond, François & Winkler, Julian, 2020. "Why is productivity slowing down?," MPRA Paper 99172, University Library of Munich, Germany.
- Lafond, François & Goldin, Ian & Koutroumpis, Pantelis & Winkler, Julian, 2022. "Why is productivity slowing down?," INET Oxford Working Papers 2022-08, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
- Lafond, François & Goldin, Ian & Koutroumpis, Pantelis & Winkler, Julian, 2021. "Why is productivity slowing down?," INET Oxford Working Papers 2021-12, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
More about this item
JEL classification:
- B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
- L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
- L84 - Industrial Organization - - Industry Studies: Services - - - Personal, Professional, and Business Services
- I14 - Health, Education, and Welfare - - Health - - - Health and Inequality
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:intere:v:58:y:2023:i:6:p:320-325:n:9. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.