Managing the Service Economy: Prospects and Problems

These essays discuss the service sector and causes, problems and prospects of replacing the manufacturing business.

Robert P. Inman (Author)

9780521378581, Cambridge University Press

Paperback, published 24 February 1989

356 pages
22.8 x 15.2 x 2.3 cm, 0.47 kg

These essays discuss the service sector, an often neglected area of economic study. The contributors agree that services are replacing manufacturing as the employment base in more advanced economies. Their essays provide valuable insight into the causes, problems and prospects of this transition. Commissioned for the Wharton-ARA Conference on the Service Economy, this collection examines the rise of the prevailing economic order in the United States, Japanese, and international economies and the future and potential of the service sector. The volume concludes with an agenda for future research and policy of the service company.

Foreword
Acknowledgments
Introduction and overview Robert P. Inman
Part I. Role of Service in World Economics: 1. Services in the international economy Robert Summers
Comment Jere R. Behrman
2. Services in the Japanese economy Gary R. Saxonhouse
Comment Hugh Patrick
3. Services in the US economy Irving Leverson
Comment Duncan Mann
Open discussion
Part II. Service Productivity, Trade, and Market Structure: 4. Measurement of output and productivity in the service sector John W. Kendrick
Comment William J. Baumol, Charles R. Hullen and Janet L. Norwood
5. Services in world transactions Irving B. Kravis
6. US trade policy and international service transactions Helena Stalson
Comment Joan E. Spero
7. The provision of services in a market economy Bergt Holmstrom
Comment Andrew Postlewaite
Open discussion
Part III. Analyses of Service Industries: The Finance, Health Care, and Government Sectors: 8. The future for financial services Fischer Black
Comment Irwin Friend and Mark J. Flannery
9. Competition and equilibrium as a driving force in the health services sector Mark A. Satterwaite
Comment Jeffrey Harris
10. Government services Edward M. Granlich
Comment Robert P. Inman
Open discussion
Part IV. The Future of Research and Policy for the Service Economy: 11. Productivity policy and the service sector William J. Baumol
12. An agenda for research on the service sector Victor R. Fuchs
Open discussion
Author index
Subject index.

Subject Areas: Labour economics [KCF]