%0 Report
        %A Schettkat, Ronald
%A Yocarini, Lara
        %T The Shift to Services: A Review of the Literature
        %D 2003
        %8 2003 Dec
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 964
        %U https://www.iza.org/publications/dp964
        %X The present paper provides an overview of literature on the shift to services. It follows the three dimensions of structural change - final demand, the inter-industry division of labor and inter-industry productivity differences. It first looks at the ‘classics’, however (Fisher (1935), Clark (1940), Fourastié (1949), Baumol (1967, 2001), and Fuchs (1968)). Next, it treats studies analyzing differences in service-industry employment, and offers a discussion of
studies focussing on final demand as an explanation of higher service shares in GDP. It also provides an overview of studies analyzing the inter-industry division of labor on the basis of
input-output data. Finally, it discusses studies following Baumol’s cost-disease hypothesis.
        %K economic development
%K service industries
%K structural economic change
%K productivity
%K employment