Statements (18)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:alsoKnownAs |
gptkb:Baumol's_cost_disease
cost disease |
gptkbp:appliesTo |
education
healthcare performing arts |
gptkbp:contrastsWith |
sectors with high productivity growth
|
gptkbp:describes |
rising costs in labor-intensive sectors
|
gptkbp:explains |
why costs rise faster than productivity in some sectors
|
gptkbp:firstDescribed |
1960s
|
https://www.w3.org/2000/01/rdf-schema#label |
Bowen's cost disease
|
gptkbp:namedAfter |
gptkb:William_J._Baumol
gptkb:William_G._Bowen |
gptkbp:relatedTo |
gptkb:public_policy
wage growth inflation in services |
gptkbp:bfsParent |
gptkb:Howard_R._Bowen
|
gptkbp:bfsLayer |
7
|