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Baumol's Cost Disease: The Arts and Other Victims

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Baumol's Cost Disease: The Arts and Other Victims - Towse, Ruth (Editor)
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Baumol's Cost Disease is the inevitable escalation of the real costs that occur in labour-intensive industries like the arts, health care and education. The labour costs in these industries tend to increase at the same rate as other industries, but their scope for utilizing labour-saving technical progress is either small or non-existent.

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Baumol's Cost Disease: The Arts and Other Victims 1997, Edward Elgar Publishing, Cheltenham

ISBN-13: 9781858985084

Hardcover