Relevant bibliographies by topics / Baumol's Cost Disease

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Academic literature on the topic 'Baumol's Cost Disease'

Author: Grafiati
Published: 4 June 2021
Last updated: 18 February 2022

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Journal articles on the topic "Baumol's Cost Disease"

1

Buxton, Bruce E. "Thoreau's Pencil and Baumol's Cost Disease." Journal of Education 185, no. 1 (January 2005): 47–50. http://dx.doi.org/10.1177/002205740518500104.

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Semat, Joshua, David Lowery, Suzanne Linn, and William D. Berry. "Baumol's cost disease and the withering of the state." Business and Politics 21, no. 1 (June 13, 2018): 53–85. http://dx.doi.org/10.1017/bap.2018.10.

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AbstractMost theories of government growth place nearly exclusive attention on real changes in public sector activity. Yet, much nominal post–WWII government spending growth was not in the form of the public sector doing more relative to the general economy (real growth), but in the form of government activities becoming relatively more expensive (cost growth). Baumol's (1967) “cost disease” model is our best guide to understanding cost growth, but over time, Baumol has offered conflicting hypotheses about how cost growth bears on real growth. Using 1947–2012 U.S. data, we test these hypotheses, along with a more novel expectation, by modifying Berry and Lowery's (1987b) econometric models of real growth in public purchases and transfers to consider the influence of government cost growth on real public domestic spending.
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3

Semat, Joshua, David Lowery, Suzanna Linn, and William D. Berry. "The cost growth of government revisited." Business and Politics 17, no. 4 (December 2015): 723–37. http://dx.doi.org/10.1515/bap-2015-0009.

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What accounts for the growing cost of government in the US? [Berry, William D., and David Lowery. 1984. “The Growing Cost of Government: A Test of Two Explanations.”Social Science Quarterly65 (3): 735–749] tested two explanations for why the costs of goods and services in the public sector have increased faster than these costs in the private sector in the US: “Baumol's Disease” [Baumol, William J. 1967. “Macroeconomics of Unbalanced Growth: The Anatomy of Urban Crisis.”The American Economic Review57 (3): 415–426], which focuses on the need for government to match wage increases in the more productive private sector, and [Buchanan, James M., and Gordon Tullock. 1977. “The Expanding Public Sector: Wagner Squared.”Public Choice31 (1): 147–150] Bureau Voting explanation, which focuses on the voting power of government employees. Berry and Lowery (1984) tested these two explanations using data for the 1947–1979 period and found strong support for the former but little support for the latter. Decades later, a much longer time-series is now available for empirical analysis. Additionally, the character of both public- and private-sector production and the voting power of public employees have changed in ways that may influence the empirical veracity of the two explanations. For these reasons, we extend the original analysis through 2010 to assess whether Baumol's Disease and Bureau Voting continue to have relevance for understanding government cost growth. We find that Baumol's Disease continues to be the better explanation despite changes in both sectors, although public sector wages are now more closely tied to general private rather than manufacturing wages, suggesting that growing production costs may be serving as an increasingly relevant downward pressure on the scope of real government activity.
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Andersen, Torben M. "DOES THE PUBLIC SECTOR IMPLODE FROM BAUMOL'S COST DISEASE?" Economic Inquiry 54, no. 2 (November 27, 2015): 810–18. http://dx.doi.org/10.1111/ecin.12304.

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FREY, BRUNO S. "Has Baumol's Cost Disease disappeared in the performing arts?" Ricerche Economiche 50, no. 2 (June 1996): 173–82. http://dx.doi.org/10.1006/reco.1996.0011.

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Andersen, Torben M., and Claus T. Kreiner. "Baumol's Cost Disease and the Sustainability of the Welfare State." Economica 84, no. 335 (December 25, 2016): 417–29. http://dx.doi.org/10.1111/ecca.12221.

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7

van der Ploeg, Frederick. "Sustainable Social Spending and Stagnant Public Services: Baumol's Cost Disease Revisited." FinanzArchiv 63, no. 4 (2007): 519. http://dx.doi.org/10.1628/001522107x269005.

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8

Colombier, Carsten. "Drivers of Health-Care Expenditure: What Role Does Baumol's Cost Disease Play?" Social Science Quarterly 98, no. 5 (February 22, 2017): 1603–21. http://dx.doi.org/10.1111/ssqu.12384.

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9

Mithas, Sunil, Charles F. Hofacker, Anil Bilgihan, Tarik Dogru, Vanja Bogicevic, and Ajit Sharma. "Information technology and Baumol's cost disease in healthcare services: a research agenda." Journal of Service Management 31, no. 5 (June 16, 2020): 911–37. http://dx.doi.org/10.1108/josm-11-2019-0339.

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PurposeThis paper advances a research agenda for service researchers at the intersection of healthcare and information technologies to improve access to quality healthcare at affordable prices. The article reviews key trends to provide an agenda for research focusing on strategies, governance and management of key service processes.Design/methodology/approachThis paper synthesizes literature in information systems, service management, marketing and healthcare operations to suggest a research agenda. The authors draw on frameworks such as the interpretive model of technology, technology acceptance model, assemblage theories and Baumol's cost disease to develop their arguments.FindingsThe paper situates strategy-related service management questions that service providers and consumers face in the context of emerging healthcare and technology trends. It also derives implications for governance choices and questions related to that.Research limitations/implicationsThe paper discusses service management challenges and concludes with an agenda for future research that touches on governance and service management issues.Practical implicationsThis paper provides implications for healthcare service providers and policymakers to understand new trends in healthcare delivery, technologies and facilities management to meet evolving customer needs.Social implicationsThis paper provides implications for managing healthcare services that touch on many social and societal concerns.Originality/valueThis conceptual paper provides background and review of the work at the intersections of information systems, marketing and healthcare operations to draw implications for future research.
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Atanda, Akinwande, Andrea Kutinova Menclova, and W. Robert Reed. "Is health care infected by Baumol's cost disease? Test of a new model." Health Economics 27, no. 5 (February 9, 2018): 832–49. http://dx.doi.org/10.1002/hec.3641.

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Dissertations / Theses on the topic "Baumol's Cost Disease"

1

Morales, Sarriera Javier. "Productivity and costs in the transit sector : the impact of Baumol's cost disease." Thesis, Massachusetts Institute of Technology, 2016. http://hdl.handle.net/1721.1/104154.

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Thesis: S.M. in Transportation, Massachusetts Institute of Technology, Department of Civil and Environmental Engineering, 2016.
This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections.
Cataloged from student-submitted PDF version of thesis.
Includes bibliographical references (pages 143-146).
This thesis covers several topics related to transit costs, productivity, efficiency, and benefits. We first show that labor productivity growth among transit agencies in the United States is slow or stagnant, and it is significantly lower than productivity growth in most industries. According to Baumol's cost disease theory, this leads to a spiraling trend in cost escalation over time and it is a threat to long run financial sustainability. In fact, we find that transit costs increase not only above the inflation rate but above the rate predicted by Baumol's theory, which is evidence of additional compounding factors, such as the bargaining power of labor unions, and political or managerial issues. First, we extend the analysis to calculate total factor productivity, and the results validate the findings of sluggish labor productivity growth. The calculations also reveal that while productivity may grow with efficiency gains, these gain are bounded by a frontier, and, in the long run, the inherent nature of low productivity growth in the transit sector will continue to drive transit costs faster than other sectors. We also assess whether contracting out transit operations alleviates the implications of Baumol's cost disease, and the results show that in spite of lower average costs, contracted service also has significant cost escalation over the long run, evidence that the implications also apply to the private delivery of transit service. In addition, we also consider other sectors within the larger transportation industry and analyze whether productivity and costs follow the same pattern predicted by Baumol's cost disease. The results vary widely, from vehicle maintenance on the one hand (with low productivity growth and high cost increase) to automobile manufacturing on the other hand. The transit construction industry also shows signs of Baumol's cost disease, but not as severe as those for transit operations. Finally, despite the spiraling nature of transit costs, we also show that the internal and external benefits of transit tend to grow over time, which can justify higher fares and additional subsidy. Although there is no clear antidote to Baumol's cost disease, policymakers should recognize that as the economy becomes more productive and prosperous overall, it can continue to support growing levels of transit service in recognition of its growing external benefits, despite its inherent nature of stagnant productivity growth.
by Javier Morales Sarriera.
S.M. in Transportation
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2

Casal, Bouzon Manuela, and Magnus Orestig. "Bortom Kultursponsring : En studie av samarbeten mellan teater och näringsliv." Thesis, Linköping University, Department of Management and Economics, 2004. http://urn.kb.se/resolve?urn=urn:nbn:se:liu:diva-2423.

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Bakgrund: Den svenska teaterscenen befinner sig i vad som tycks vara en ständig ekonomisk kris. De offentliga medlen räcker inte längre till, vilket har fått till följd att teaterinstitutionerna har blivit tvungna att söka sig nya inkomstkällor. Kultursponsring är en alternativ finansieringsform som har blivit allt vanligare. Vi vill undersöka kultursponsringens möjligheter för svensk teater.

Syfte: Syftet med uppsatsen är att undersöka möjligheterna att gå bortom den traditionella definitionen av kultursponsring för att skapa ett helhetsperspektiv på utbyten mellan teater och näringsliv.

Avgränsningar: Vi utgår ifrån Sveriges teaterinstitutioner och de kulturpolitiska målen som är uppställda av Sveriges Riksdag.

Genomförande: Vår undersökning bygger på sju intervjuer med representanter från teatrar och företag.

Resultat: Idag ses kultursponsring främst som ett marknadsföringsverktyg, där det sker ett utbyte av image mot pengar. Vi anser att med denna begränsade definition förbises den största potentialen, vilken återfinns i själva mötet mellan teater- och affärsvärlden.

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3

Melki, Mickaël. "Les intéraction directes et indirectes entre idéologie et croissance économique. Cinq essais appliqués au cas français, 1870-2011." Phd thesis, Université Panthéon-Sorbonne - Paris I, 2012. http://tel.archives-ouvertes.fr/tel-00767439.

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Cette thèse cherche à étudier les liens entre l'idéologie politique des individus et la croissance économique. Premièrement, étant donné que les normes sociales des individus sont supposées influencer la croissance de long-terme, nous nous intéressons à la façon dont la dimension politique de ces normes joue sur les performances économiques d'un pays. Dans ce contexte, nous nous demandons si l'idéologie politique influence directement la croissance ou indirectement à travers des canaux politiques représentés par les politiques votées par les individus. L'idéologie d'un pays pouvant être définie comme le choix d'une société concernant le niveau approprié d'intervention du gouvernement dans l'économie, nous étudions également si l'intervention du gouvernement peut jouer le rôle de mécanisme de transmission dans la relation idéologie-croissance. Deuxièmement, dans la mesure où les comportements électoraux reflètent l'idéologie politique des individus, nous étudions l'impact de la croissance économique sur l'idéologie des électeurs. Plus précisément, nous avons pour but d'étudier la manière dont la croissance économique affecte les comportements électoraux. Par conséquent, nous objectif est double. Nous souhaitons améliorer la compréhension du rôle joué par l'idéologie et plus généralement les croyances des individus dans le processus de croissance économique et ainsi contribuer à la littérature sur la croissance économique. Nous participons aussi à la recherche sur les déterminants des croyances des individus et de leur évolution. Pour cela, nous utilisons une nouvelle base de données couvrant l'ensemble de l'expérience démocratique française depuis 1870. Nous avons également construit des bases de données similaires pour les Etats-Unis et le Royaume-Uni mais cette thèse est principalement appliquée au cas français. L'étude de pays individuels en longue période requiert l'emploi d'analyses en série temporelle avec des données annuelles. Nos résultats nous permettent d'identifier un effet de l'idéologie politique sur la croissance économique tout au long de l'expérience démocratique française. Nous trouvons qu'un déplacement de l'idéologie des électeurs vers la droite du spectre politique a un effet de long terme positif sur la croissance économique. Nous trouvons également que cet effet de l'idéologie sur la croissance passe par la taille du gouvernement pour la période pré-première guerre mondiale mais pas pour la période post-guerre. Cela suppose donc un effet direct de l'idéologie politique sur la croissance politique pour la période pré-guerre et un effet indirect pour la période post-guerre. Nous trouvons que cette différence s'expliquer par des relations non-stables entre idéologie et taille du gouvernement d'un côté et entre taille de l'Etat et croissance économique de l'autre. Nos résultats nous permettent également d'identifier que la croissance économique ne fait pas basculer l'idéologie des électeurs vers la droite ou la gauche. Néanmoins, nous trouvons que la croissance économique influence l'instabilité idéologique des électeurs qui changent leurs habitudes de vote.
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4

LIAO, LUN-YU, and 廖倫瑜. "Baumol’s Cost Disease on Arts Management." Thesis, 2019. http://ndltd.ncl.edu.tw/handle/648dud.

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碩士
大葉大學
管理學院碩士在職專班
107
Arts Management as a discipline in departments of art schools, departments of cultural affairs in public sector, or in various levels of art institutions, is a main subject of conversation refining arts administrations to a viewpoint of managements on cultural industries in recent years. Looking globally, cultural economy needs to become the new object of Taiwanese industrial development. If the culture of art development is to become a creative industry with cultural distinguishing features in the new age of knowledge and experience economies, then art management should be crucial and practitioners should expect meaningful results from it. Arts management should have the spirit of scientific studies, with the goal of research being to find a problems cause. Arts management should also be equipped with efficient and cost-effect measures so that the management concept can be improved and thus art and culture can be managed as an industry. Baumols cost disease exists in the general performing arts. Baumols cost disease (or the Baumol effect) is the rise of salaries in jobs that have experienced no or low increase in labor productivity, in response to rising salaries in other jobs that have experienced higher labor productivity growth. The phenomenon was described by William J. Baumol and William G. Bowen in the 1960s. The income of the members in the performing arts industry are low in general. A study found that because of the limitations and flaws of the cost structure in the performing arts, its production cant improve and economic benefit will remain low. Therefore, its survival is difficult and faces many barriers. On the other hand, arts and culture are relevant in human life. Consumption of the arts is always in demand in this civilized society. The fine arts is an indispensable element of our culture. However, practitioners of the arts should have no need to be pessimistic. The author’s experience of holding three opera workshops can be used to understand arts management, specifically that of fine art, classical music, opera, and, further, how the Baumol effect influences the strategy and execution of an activity. The author trusts that the industry of artistic conception and creation can soon enjoy sustainable development.
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Costa, Sofia Moura da. "Baumol’s cost disease in the health care sector." Master's thesis, 2019. http://hdl.handle.net/10400.14/29040.

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The concern for the impact of the Health Care costs in private and public spending has been increasing because of its effect on the country’s financial stability. Therefore, several drivers of Health Care Expenditure have been studied. However, one of its most relevant drivers is Baumol’s cost disease. Baumol (1967) defines the cost disease as the difference between the wage growth in the overall economy and productivity growth in the services sector, such as the health care sector. This excess in wages causes the unit costs in the health care sector to increase over time. In order to understand if there is enough margin for policymakers to establish effective policies to control for the rise in health care costs, this thesis studies the impact of Baumol’s cost disease in this sector in OECD countries. To do so, I define an instrument, the adjusted Baumol variable, to measure Baumol’s cost disease and apply it to a panel data set containing 18 OECD member countries from 1970 to 2016. The results found show that the adjusted Baumol variable is explaining from 20% to 80% of the increase in Health Care expenditure, depending on the definition of the Baumol sector. These results may imply that policymakers still have some margin to implement policies since the rise in Health Care expenditure is partially explained by Baumol’s cost disease.
O impacto do aumento dos custos na despesa pública e privada relativos ao Sector da Saúde tem sido motivo de preocupação, uma vez que estes afetam a estabilidade financeira do país. Assim, foram estudados vários fatores influenciadores dos gastos associados ao sector da Saúde. De acordo com os resultados obtidos, a doença de custos de Baumol foi um dos fatores com maior impacto no crescimento dos referidos custos. Baumol (1967) define a doença dos custos como sendo a diferença entre o crescimento dos salários na Economia e o crescimento da produtividade no sector dos serviços, como é o caso do sector da saúde. Portanto, esta diferença faz com que os custos unitários no sector de saúde aumentem ao longo do tempo. Esta tese estuda o impacto da doença dos custos de Baumol no sector da Saúde com o intuito de compreender se existe espaço suficiente para a introdução de políticas eficazes na contenção do aumento dos custos associados a este sector. Portanto, foi definido um instrumento – variável de Baumol ajustada – para medir a doença de custos de Baumol e, posteriormente, foi aplicada com um conjunto de dados em painel, contendo 18 países membros da OCDE de 1970 a 2016. Os resultados encontrados mostram que a referida variável explica entre 20% a 80% do aumento dos gastos com a saúde dependendo da definição do sector de Baumol. Conclui-se que existe margem para implementar políticas pois o aumento das de saúde não é totalmente explicado pela doença dos custos de Baumol.
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Books on the topic "Baumol's Cost Disease"

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J, Baumol William, and Towse Ruth 1943-, eds. Baumol's cost disease: The arts and other victims. Cheltenham, UK: E. Elgar, 1997.

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2

(Editor), William J. Baumol, and Ruth Towse (Editor), eds. Baumol's Cost Disease: The Arts and Other Victims. Edward Elgar Publishing, 1997.

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Book chapters on the topic "Baumol's Cost Disease"

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Gray, Charles M. "Baumol’s Cost Disease." In The New Palgrave Dictionary of Economics, 764–70. London: Palgrave Macmillan UK, 2018. http://dx.doi.org/10.1057/978-1-349-95189-5_3060.

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Gray, Charles M. "Baumol’s Cost Disease." In The New Palgrave Dictionary of Economics, 1–7. London: Palgrave Macmillan UK, 2017. http://dx.doi.org/10.1057/978-1-349-95121-5_3060-1.

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Gray, Charles M. "Baumol’s Cost Disease." In The New Palgrave Dictionary of Economics, 1–8. London: Palgrave Macmillan UK, 2017. http://dx.doi.org/10.1057/978-1-349-95121-5_3060-2.

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"8. Baumol’s Cost Disease." In Fully Grown. University of Chicago Press, 2019. http://dx.doi.org/10.7208/chicago/9780226666143.003.0007.

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