The Service Sector is Also Productive |
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| Authors: | Walter Eltis rew Murfin |
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| Institution: | Walter Eltis is Economic Director, National Economic Development Office (NEDO) and Fellow and Tutor of Economics, Exeter College, Oxford. He was formerly general editor of;Oxford Economic Papers. He is author of numerous books and articles specialising in economic growth and public expenditure. Andrew Murfin is an economist at the Bank of England. He was formerly a researcher at the London School of Economics and economist with NEDO. He is co-author of Macro-economics and Monopoly Capitalism. |
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| Abstract: | Does growth come from manufacturing or services? Walter Eltis, Director General of NEDO, and Andrew Murfin, argue there is no evidence that manufacturing is more important as a source of economic growth than services. |
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