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Item Details
| Title:
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THE GROWTH OF SERVICE INDUSTRIES
THE PARADOX OF EXPLODING COSTS AND PERSISTENT DEMAND |
| By: |
Thijs Ten Raa (Editor), Ronald Schettkat (Editor) |
| Format: |
Hardback |
| List price:
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£99.00 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
1840644222 |
| ISBN 13: |
9781840644227 |
| Publisher: |
EDWARD ELGAR PUBLISHING LTD |
| Pub. date: |
25 April, 2001 |
| Pages: |
240 |
| Description: |
Problems arise if budgets for services are under constant budgetary pressure. This service productivity analysis argues that, although budget is linked to demand and therefore price increases would seem to threaten the very existence of these services, this does not seem to be the case. |
| Synopsis: |
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. |
| Publication: |
UK |
| Imprint: |
Edward Elgar Publishing Ltd |
| Returns: |
Returnable |
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