Mohnen, Pierre; Raa, Thijs Ten - Centre Interuniversitaire de Recherche en Analyse des … - 2000
services vis-à-vis the rest of the economy in the period spanning the three decades from 1961 to 1992. It attempts to reconcile … this apparent contradiction with the so-called Baumol disease, which predicts a decline in the share of services given … their relative price. In short, Canadian services suffer little from the Baumol disease when capital is taken into account …
