The Service Productivity and Quality Challenge

Lingua: inglese

Editore: Springer Netherlands, Springer Netherlands Mai 1995, 1995

0792334477 / 9780792334477

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This item is printed on demand - Print on Demand Titel. Neuware -3 While all of these explanations seem to have merit, there is one dominant reason why the percentage of GDP and employment dedicated to services has continued to increase: low productivity. According to Baumol's cost disease hypothesis (Baumol, Blackman, and Wolff 1991), the growth in services is actually an illusion. The fact is that service-sector productivity is improving slower than that of manufacturing and thus, it seems as if we are consuming more services in nominal terms. However, in real terms, we are consuming slightly less services. That is, the increase in the service sector is caused by low productivity relative to manufacturing. The implication of Baumol's cost disease is the following. Assuming historical productivity increases for manufacturing, agriCUlture, education and health care, Baumol (1992) shows that the U. S. can triple its output in all sectors within 50 years. However, due to the higher productivity level for manufacturing and agriculture, it will take substantially more employment in services to achieve this increase in output. To put this argument in perspective, simply roll back the clock 100 years or so and replace the words manufacturing with agriculture, and services with manufacturing. The phenomenal growth in agricultural productivity versus manufacturing caused the employment levels in agriculture in the U. S. to decrease rapidly while producing a truly unbelievable amount of food. It is the low productivity of services that is the real culprit in its growth of GDP and employment share. 516 pp. Englisch.…

Codice articolo 9780792334477

Titolo
The Service Productivity and Quality Challenge
Autore
P. T. Harker
Editore
Springer Netherlands, Springer Netherlands Mai 1995
Anno di pubblicazione
1995
Condizione
Neu
Rilegatura
Buch
Lingua
inglese
ISBN 10
0792334477
ISBN 13
9780792334477
Peso dell'articolo
934 grammi
Dimensioni
241x160x33 mm

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