| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w14968 |
| 来源ID | Working Paper 14968 |
| The Two Waves of Service Sector Growth | |
| Barry Eichengreen; Poonam Gupta | |
| 发表日期 | 2009-05-15 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | The positive association between the service sector share of output and per capita income is one of the best-known regularities in all of growth and development economics. Yet there is less than complete agreement on the nature of that association. Here we identify two waves of service sector growth, a first wave in countries with relatively low levels of per capita GDP and a second wave in countries with higher per capita incomes. The first wave appears to be made up primarily of traditional services, the second wave of modern (financial, communication, computer, technical, legal, advertising and business) services that are receptive to the application of information technologies and increasingly tradable across borders. In addition, there is evidence of the second wave occurring at lower income levels after 1990. But this change in the second wave is not equally evident in all economies: it is most apparent in democracies, in countries that are open to trade, and in those that are relatively close to the major global financial centers. This points to both political and economic conditions that can help countries capitalize on the opportunities afforded by an increasingly globalized post-industrial economy. |
| 主题 | Development and Growth ; Development |
| URL | https://www.nber.org/papers/w14968 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/572644 |
| 推荐引用方式 GB/T 7714 | Barry Eichengreen,Poonam Gupta. The Two Waves of Service Sector Growth. 2009. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w14968.pdf（524KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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