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Replication data for: The Rise of the Service Economy

Version
V0
Resource Type
Dataset
Creator
  • Buera, Francisco J.
  • Kaboski, Joseph P.
Publication Date
2012-05-01
Description
  • Abstract

    This paper analyzes the role of specialized high-skilled labor in the disproportionate growth of the service sector. Empirically, the importance of skill-intensive services has risen during a period of increasing relative wages and quantities of high-skilled labor. We develop a theory in which demand shifts toward more skill- intensive output as productivity rises, increasing the importance of market services relative to home production. Consistent with the data, the theory predicts a rising level of skill, skill premium, and relative price of services that is linked to this skill premium. (JEL J24, L80, L90)
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/aer.102.6.2540 (Text)
Publications
  • Buera, Francisco J., and Joseph P. Kaboski. American Economic Review, American Economic Review, 102, no. 6 (n.d.): 2540–69. https://doi.org/10.1257/aer.102.6.2540.
    • ID: 10.1257/aer.102.6.2540 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-11

Buera, Francisco J.; Kaboski, Joseph P. (2012): Replication data for: The Rise of the Service Economy. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E112555