Statements (20)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:alsoKnownAs |
gptkb:Baumol_effect
|
| gptkbp:appliesTo |
education
healthcare performing arts public services |
| gptkbp:citation |
economic literature
|
| gptkbp:contrastsWith |
sectors with high productivity growth
|
| gptkbp:describedBy |
gptkb:William_J._Baumol
1960s |
| gptkbp:describes |
rising costs in labor-intensive sectors
|
| gptkbp:explains |
wage increases without productivity growth
|
| https://www.w3.org/2000/01/rdf-schema#label |
Baumol's cost disease
|
| gptkbp:influenced |
public policy debates
|
| gptkbp:relatedTo |
service sector
cost structure wage inflation |
| gptkbp:bfsParent |
gptkb:William_J._Baumol
gptkb:William_Baumol |
| gptkbp:bfsLayer |
6
|