Journal Article
Manufacturing and Service Sector Roles in the Evolution of Innovation and Productivity
Abstract: The relative size of the manufacturing sector in an economy depends on its stage of development. As economies become more industrialized, employment and output increase rapidly. Eventually, for large-enough levels of development, the contribution of the manufacturing sector starts declining in favor of the service sector.
https://doi.org/10.20955/es.2018.2
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https://doi.org/10.20955/es.2018.2
Description: https://doi.org/10.20955/es.2018.2
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Provider: Federal Reserve Bank of St. Louis
Part of Series: Economic Synopses
Publication Date: 2018
Issue: 2
Pages: 1-3