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The Rise of Services: The Role of Skills, Scale, and Female Labor Supply
Journal of Human Capital ( IF 1.324 ) Pub Date : 2019-06-01 , DOI: 10.1086/702926
Francisco J. Buera , Joseph P. Kaboski , Min Qiang Zhao

This paper provides a quantitative analysis of the growth in the service share in the United States. We model households that make decisions on home and market production of services that vary in their skill intensity at any point in time and vary in their optimal scale over time. We also allow for skill- and sector-biased technology progress. The benchmark model fully accounts for the rise in the service share, with the rising scale of services, rising demand for skill-intensive output, and skill-biased technical change all playing dominant roles. Furthermore, the model with multiperson households confirms that the essential findings of our benchmark model are robust to demographic considerations. It can explain two-thirds of the increase in female labor supply, which also plays a role in services growth.

中文翻译:

服务的兴起:技能,规模和女性劳动力供应的作用

本文提供了对美国服务份额增长的定量分析。我们对在家庭和市场生产服务上做出决定的家庭进行建模,这些服务的技能强度在任何时间点都不同,并且其最佳规模随时间而变化。我们还允许技术和行业偏向技术进步。基准模型完全说明了服务份额的增长,服务规模的增长,对技能密集型产品的需求不断增长以及技能偏见的技术变革都起着主导作用。此外,具有多人家庭的模型证实了我们基准模型的基本发现对人口因素具有鲁棒性。它可以解释女性劳动力供应增长的三分之二,这在服务业增长中也发挥着作用。
更新日期:2019-06-01
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