sector. In light of the Republic of Korea's high income and development level, the poor performance of modern services is of …

, somewhat surprisingly in light of the difficulty of achieving productivity gains in services, we also find that services labor …

have also made an increasing share of services tradeable. We propose a tractable micro-founded Ricardo-Marshall model to … for the location of economic activity. Our model highlights a tension between nontradeable producer services which exert … an agglomerative force and trade costs and comparative advantage in final goods and services which act as dispersion …

level. Services play a core role in advanced economies, both from a quantitative and a strategic point of view … been simultaneously assessed that services display lower productivity levels and growth rates than other economic … period between 1980 and 2007. The results partially refute traditional knowledge on the productivity of services. Contrary to …

balanced growth in which the service and industry sectors support and reinforce each other. As services tend to be more labor …