The Economics of Services

Microfoundations, Development and Policy: Second Edition

Jan Owen Jansson (Autor)

Buch | Hardcover

336 Seiten

2013 | 2nd edition
Edward Elgar Publishing Ltd (Verlag)
978-0-85793-217-4 (ISBN)

Artikel merken

Despite the fact that services have overtaken industry in terms of employment and GDP in developed countries, rigorous economic study of the service sector remains seriously neglected. The first edition of The Economics of Services initiated a redress of this oversight. Fully revised and updated, the second edition of this highly acclaimed textbook should be required complimentary reading to mainstream microeconomics textbooks for graduate students of economics and for advanced courses in labor, urban and regional economics, economic geography and economic history.The text emphasizes the distinction between intermediate producer services and final consumer services. Many of the former are traded in global markets much like material goods in general, whilst the markets for consumer services are markedly local. This requires quite different micro-foundations in each case. Other key issues explored include the productivity development and quality of service measurements, as well as the key role of urbanization for service sector growth.

The critical issues for the future of the real economy, beyond the financial crisis, are also analyzed in depth. The author illustrates how a better understanding of the nature of the service economy is necessary for policy innovation, with a view to regenerating the welfare state.

Jan Owen Jansson, Professor Emeritus, Linköping University, Sweden

Contents:
Preface
Part I: Introduction
1. Purpose, Definitions and Present Structure of Service Consumption
2. Three Phases in the Development of Service Sector Employment
3. Key Service Characteristics for Economic Analysis

Part II: Micro Foundations
4. Adding the Spatial Aspect to Elementary Cost Theory
5. Service Production Costs
6. Service Distribution Costs
7. The Basic Trade-off and Derivation of the Supply-System Cost Function
8. Optimal Charges for Services with the Focus on the User Cost Component
9. Location Patterns and Competition

Part III: Driving Forces For and Against the Service Economy
10. Interpreting the Past Development by the Model of Unbalanced Productivity Growth
11. Urbanization and the Emergence Service Markets
12. Transport Motorization, Market Area Enlargement and Urban Sprawl 13. Towards a Self-Service Economy with Edge City Settlers as Prime Movers?

Part IV: Public Policy Towards Services
14. Policy for Promotion of Urban Amenities
15. The Overriding Problem of the Modern Welfare State
16. Trust in Economic Growth Cannot Replace Allocation Policy
17. Merit Goods Revisited
18. Towards Allocative Efficiency 1: Reformation of the Resource Allocation Over the Budget
19. Towards Allocative Efficiency 2: Marginal Cost Pricing and Differential Commodity Taxation
20. Towards X-efficiency in Public Service Provision
21. Summary of Policy Recommendations

References
Index

Erscheint lt. Verlag	30.4.2013
Verlagsort	Cheltenham
Sprache	englisch
Maße	156 x 234 mm
Themenwelt	Wirtschaft ► Allgemeines / Lexika
Themenwelt	Wirtschaft ► Volkswirtschaftslehre
ISBN-10	0-85793-217-9 / 0857932179
ISBN-13	978-0-85793-217-4 / 9780857932174
Zustand	Neuware