Is the fall in overall productivity growth in the United States and
other developed countries related to the rising share of the
service sectors in the economy? Since services represent well over
half of the U.S. gross national product, it is also important to
ask whether these sectors have had a slow rate of growth, as this
would act as a major drag on the productivity growth of the overall
economy and on its competitive performance. In this timely volume,
leading experts from government and academia argue that faulty
statistics have prevented a clear understanding of these
issues.
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