Description

Problems arise if budgets for services are held constant whilst prices rise. Education, cultural activities and health services are under constant budgetary pressure. The authors argue that the price of commodities is linked to demand and price increases would therefore seem to threaten the very existence of these services. The paradox of these services is that in spite of their exploding costs, demand persists.

Policymakers struggle with the problematic question of whether to limit public service budgets as costs for their provision rise. The service sectors of advanced economies are surprisingly vigorous - the employment of an ever increasing share of the labour force is one phenomenon. Economists are perplexed by the interplay of slow service and fast goods productivity growth and wonder why the demand for services is so persistent.

The Growth of Service Industries is intended for use by both policymakers and economists and serves as a useful introduction to service productivity analysis.

The Growth of Service Industries: The Paradox of Exploding Costs and Persistent Demand

Product form

£95.00

Includes FREE delivery
Usually despatched within days
Hardback by Thijs ten Raa , Ronald Schettkat

2 in stock

Short Description:

Problems arise if budgets for services are held constant whilst prices rise. Education, cultural activities and health services are under... Read more

    Publisher: Edward Elgar Publishing Ltd
    Publication Date: 25/04/2001
    ISBN13: 9781840644227, 978-1840644227
    ISBN10: 1840644222

    Number of Pages: 240

    Non Fiction , Business, Finance & Law

    Description

    Problems arise if budgets for services are held constant whilst prices rise. Education, cultural activities and health services are under constant budgetary pressure. The authors argue that the price of commodities is linked to demand and price increases would therefore seem to threaten the very existence of these services. The paradox of these services is that in spite of their exploding costs, demand persists.

    Policymakers struggle with the problematic question of whether to limit public service budgets as costs for their provision rise. The service sectors of advanced economies are surprisingly vigorous - the employment of an ever increasing share of the labour force is one phenomenon. Economists are perplexed by the interplay of slow service and fast goods productivity growth and wonder why the demand for services is so persistent.

    The Growth of Service Industries is intended for use by both policymakers and economists and serves as a useful introduction to service productivity analysis.

    Customer Reviews

    Be the first to write a review
    0%
    (0)
    0%
    (0)
    0%
    (0)
    0%
    (0)
    0%
    (0)

    Recently viewed products

    © 2024 Book Curl,

      • American Express
      • Apple Pay
      • Diners Club
      • Discover
      • Google Pay
      • Maestro
      • Mastercard
      • PayPal
      • Shop Pay
      • Union Pay
      • Visa

      Login

      Forgot your password?

      Don't have an account yet?
      Create account