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service sector, has made service sector development a top priority for developing Asia. Our central objective is to broadly … jobs in the region. However, its productivity greatly lags that of the advanced economies, which implies ample room for … wide range of internal and external policy distortions is vital for improving service sector productivity. As important as …
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This paper explores the impacts of more rapid growth in labor productivity in the service sector in Asia based on an … economies, and consumption and investment dynamics. We find that faster productivity growth in the service sector in Asia … services productivity growth, there is a significant expansion of the durable manufacturing sector that is required to provide …
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