Browsing Department of Economics (ECO) by Subject "J22"

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Title: Sustainable Social Spending and Stagnant Public Services: Baumol’s Cost Disease Revisited Author(s): VAN DER PLOEG, Frederick Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: If demand for human services is inelastic or manufactured goods are necessities, labour shifts from manufacturing to services and the budget share of services rises. Higher productivity growth in the market sector pushes ...

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