,tend to rise faster than the prices of material goods. Central to his model is the disparityin labour productivity growth … disease of services retains its explanatory power and relevance today. It refutescriticisms that productivity growth in …

economy in terms of productivity performance in its service sector over the period of 1995–2013 in which the economy … productivity (TFP) has improved from near 0% during 1996–2010 to 1.41% during 2011–2013. Particularly, the improvement in TFP in …

Labour productivity growth in the service sector has been low relative to manufacturing. This is explained in part by … inflows of foreign direct investment (FDI). Increasing productivity growth in the service sector, which accounts for 67% of … boost productivity in service industries with high growth potential, such as telecommunications and financial and business. …