Is China's growing service sector leading to cost disease?

Structural Change and Economic Dynamics

Volumn 17, Issue 3, 2006, Pages 267-287

  Qin, Duo ^a  

^a QUEEN MARY UNIVERSITY OF LONDON   (United Kingdom)

Author keywords

Cost disease; Labour productivity; Tertiarization

Indexed keywords

ECONOMIC GROWTH; LABOR PRODUCTIVITY; SERVICE SECTOR; WAGE DETERMINATION;

ASIA; CHINA; EURASIA; FAR EAST;

EID: 33746003302     PISSN: 0954349X     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.strueco.2005.09.001     Document Type: Article

References (30)

1. Baumol W.J. Macroeconomics of unbalanced growth: the anatomy of urban crisis. American Economic Review 57 (1967) 415-426
2. Baumol W.J., Blackman S.A.B., and Wolff E.N. Unbalanced growth revisited: asymptotic stagnancy and new evidence. American Economic Review 75 (1985) 806-817
3. Berman E., Bound J., and Griliches Z. Changes in the demand for skilled labour within U.S. manufacturing: evidence from the annual survey of manufacturers. The Quarterly Journal of Economics 109 (1994) 367-397
4. Cartwright N. Nature's Capacities and Their Measurement (1989), Clarendon Press, Oxford
5. Curtis D.C.A., and Murthy K.S.R. Economic growth and restructuring: a test of unbalanced growth models: 1977-1992. Applied Economic Letters 5 (1998) 777-780
6. Fabricant S. Employment in Manufacturing 1899-1939 (1942), NBER, New York
7. Hamermesh D.S. The demand for labor in the long run. In: Ashenfelter O., and Layard R. (Eds). Handbook of Labor Economics (1986), Elsevier Science B.V., North Holland 429-471
8. Hendry D.F. Dynamic Econometrics (1995), Oxford University Press, Oxford
9. Hoover K.D. The Methodology of Empirical Macroeconomics (2001), Cambridge University Press, Cambridge
10. Illeris S. The Service Economy: A Geographical Approach (1996), John Wiley & Sons Ltd., Chichester
11. Im K.S., Pesaran M.H., and Shin Y. Testing for unit roots in heterogeneous panels. Journal of Econometrics 115 (2003) 53-74
12. Kao C., Chiang M.-H., and Chen B. International R&D spillovers: an application of estimation and inference in panel cointegration. Oxford Bulletin of Economics and Statistics 61 (1999) 693-711
13. Kao C., and Chiang M.-H. On the estimation and inference of a cointegrated regression in panel data. In: Baltagi B. (Ed). Advances in Econometrics: Nonstationary Panels, Panel Cointegration and Dynamic Panels vol. 15 (2000), JAI Press, Amsterdam 179-222
14. Li, T., 2001. The Tenth Five-Year Plan and Growth of Services in China, the World Services Congress 2001, http://www.chamber.org.hk/wsc/.
15. Mattoo, A., Rathindran, R., Subramanian, A., 2001. Measuring services trade liberalization and its impact on economic growth: an illustration. World Bank policy research working papers, No. 2655.
16. Nickell S.J. Dynamic models of labour demand. In: Ashenfelter O., and Layard R. (Eds). Handbook of Labor Economics (1986), Elsevier Science B.V., North Holland 473-522
17. Nordhaus, W.D., 2001. Alternative methods for measuring productivity growth. National bureau of economic research working papers, No. 8095.
18. Nordhaus W.D. Productivity growth and the new economy. Brookings Papers on Economic Activity 2 (2002) 2-2
19. Pesaran, M.H., 2003. A simple panel unit root test in the presence of cross section dependence. Cambridge working papers in economics 0346 (revised 2005), http://www.econ.cam.ac.uk/faculty/pesaran/PesaranCADFJan05.pdf.
20. Phillips, P.C.B., 2004. Challenges of trending time series econometrics. Cowles foundation discussion paper, p. 1472.
21. Phillips P.C.B., and Moon H.R. Linear regression limit theory and non-stationary panel data. Econometrica 67 (1999) 1112-1157
22. Phillips P.C.B., and Moon H.R. Nonstationary panel data analysis: an overview of some recent developments. Econometric Reviews 19 (2000) 263-286
23. Riddle D.I. Service-Led Growth: The Role of the Service Sector in World Development (1986), Praeger, New York
24. Singh L. Technological progress, structural change and productivity growth in the manufacturing sector of South Korea. World Review of Science, Technology and Sustainable Development 1 (2004) 37-49
25. Sundrum R.M. Economic Growth in Theory and Practice (1990), MacMillan, Houndmills
26. Temple J. The assessment: the new economy. Oxford Review of Economic Policy 18 (2002) 241-264
27. Timmer M.P., and Szirmai A. Productivity growth in Asian manufacturing: the structural bonus hypothesis examined. Structural Change and Economic Dynamics 11 (2000) 371-392
28. Triplett J.E., and Bosworth B.P. Productivity in the service sector. In: Stern R.M. (Ed). Services in the International Economy (2001), University of Michigan Press, Ann Arbor 23-52
29. Wolff E.N. The productivity paradox: evidence from indirect indicators of service sector productivity growth. Canadian Journal of Economics 32 (1999) 281-307
30. Yang D.T., and Zhou H. Rural-urban disparity and sectoral labor allocation in China. Journal of Development Studies 35 (1999) 105-133