2026-04-17T06:08:35Zhttps://recercat.cat/oai/requestoai:recercat.cat:2445/1749442025-12-05T04:20:28Zcom_2072_1057col_2072_478809col_2072_478917
RECERCAT
author
Cruz, Edgar
author
Raurich, Xavier
2021-03-11T17:16:31Z2023-10-31T06:10:24Z2020-102021-03-11T17:16:31Z
We observe the following patterns in the US economy during the period 1965-2015: (i) the rise of the service sector, (ii) the increase in leisure time, and (iii) the increase in recreational services. To show the last pattern, we measure the fraction of the value added of the service sector explained by the consumption of recreational services and we show that it increases during this period. We explain these three patterns of structural change in a multisector growth model in which leisure time increases with income. As a consequence, the consumption of recreational services increases since they are consumed during leisure time. We show that the introduction of recreational services contributes to explain the rise of the service sector, inequality in leisure, and employment differences across countries caused by differences in income taxes.
cc-by-nc-nd (c) Elsevier, 2020 http://creativecommons.org/licenses/by-nc-nd/3.0/es info:eu-repo/semantics/openAccess
Lleure
Política d'ocupació
Ajustament estructural
Leisure
Manpower policy
Structural adjustment (Economic policy)
Leisure Time and the Sectoral Composition of Employment
info:eu-repo/semantics/article info:eu-repo/semantics/acceptedVersion