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Browsing RSCAS Articles by Subject "congestion"
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Title:Sustainable Social Spending and Stagnant Public Services: Baumol's Cost Disease Revisited
Author(s):VAN DER PLOEG, FrederickDate:2007Type of Publication:ArticleAbstract:If demand for human services is inelastic or manufactured goods are necessities, labor shifts from manufacturing to services and the budget share of services rises. Higher productivity growth in the market sector pushes ...