Baumol's cost disease

GPTKB entity

Statements (75)
Predicate Object
gptkbp:instance_of gptkb:economic_analysis
gptkbp:affects economic growth
service industries
consumer prices
employment policies
gptkbp:can_create economic disparities
gptkbp:can_exacerbate income inequality
gptkbp:can_lead_to increased government spending
higher prices in services
service sector challenges
service sector reforms
service quality issues
gptkbp:can_result_in resource allocation issues
market inefficiencies
gptkbp:challenges gptkb:economic_policies
gptkbp:concept public finance
gptkbp:describes rising costs in certain sectors
gptkbp:explains wage increases in low productivity sectors
gptkbp:highlights_the_difference_between goods and services
https://www.w3.org/2000/01/rdf-schema#label Baumol's cost disease
gptkbp:impact job creation
public services
economic competitiveness
gptkbp:influence investment strategies
public policy decisions
economic recovery strategies
wage policies
gptkbp:is_a_phenomenon_that economics
gptkbp:is_a_subject_of gptkb:academic_research
socioeconomic studies
policy analysis
labor market studies
economic policy debates
economic discourse
gptkbp:is_analyzed_in globalization
economic development.
economic theories of growth
gptkbp:is_associated_with service sector growth
gptkbp:is_characterized_by stagnant productivity in certain industries
gptkbp:is_cited_in inflation
minimum wage laws
economic resilience
gptkbp:is_considered budget planning
economic modeling
economic strategy development
gptkbp:is_described_as cost structures in services
gptkbp:is_discussed_in technological advancement
labor productivity
gptkbp:is_linked_to consumer behavior
labor market dynamics
gptkbp:is_observed_in gptkb:Public_School
gptkbp:is_often_discussed_in economic stability
healthcare costs
gptkbp:is_often_referenced_in economic literature
service delivery models
economic theory discussions
gptkbp:is_recommended_by wages in non-productive sectors rise to match productive sectors
gptkbp:is_related_to productivity differences
gptkbp:is_relevant_to economic sustainability
labor economics
economic inequality discussions
service industry analysis
gptkbp:issues policy makers
gptkbp:key_concept public economics
gptkbp:named_after gptkb:William_J._Baumol
gptkbp:proposed_by gptkb:William_J._Baumol
gptkbp:was_a_factor_in cost of living adjustments
market dynamics
economic forecasting
employment trends
economic stratification
service pricing strategies
gptkbp:bfsParent gptkb:William_J._Baumol
gptkb:William_Baumol
gptkbp:bfsLayer 6