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The B.E. Journal of Macroeconomics

Editor-in-Chief: Cavalcanti, Tiago / Mertens, Karel

Ed. by Abraham, Arpad / Carceles-Poveda , Eva / Debortoli, Davide / Kambourov, Gueorgui / Lambertini, Luisa / Pavoni, Nicola / Ruhl, Kim / Nimark, Kristoffer / Wang, Pengfei


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1935-1690
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How Much Can Engel's Law and Baumol's Disease Explain the Rise of Service Employment in the United States?

Talan Iscan1

1Dalhousie University,

Citation Information: The B.E. Journal of Macroeconomics. Volume 10, Issue 1, ISSN (Online) 1935-1690, DOI: 10.2202/1935-1690.2001, September 2010

Publication History

Published Online:
2010-09-30

High income elasticity of demand for services and low income elasticity of demand for food (Engel's law), and relatively slow productivity growth in the service sectors (Baumol's disease) have been viewed as key drivers of rising share of services in employment in the United States during the 20th century. How much of the rising share of services can be explained by these two forces? A calibrated model of structural change shows that jointly Engel's law and Baumol's disease could explain about two-thirds of the reallocation of labor into services.

Keywords: structural change; service sector employment; United States

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[1]
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Production and Operations Management, 2015, Page n/a
[2]
Trond-Arne Borgersen and Roswitha M. King
Structural Change and Economic Dynamics, 2015, Volume 33, Page 96
[3]
Uday Karmarkar
Manufacturing & Service Operations Management, 2015, Volume 17, Number 2, Page 136
[4]
Yunfang Hu and Kazuo Mino
Pacific Economic Review, 2014, Volume 19, Number 5, Page 634

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