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Measuring output and productivity in Thailand's service-producing industries (English)

The services sector is a substantial and growing component of the Thai economy, accounting for nearly half of aggregate production and forty percent of national employment. Although government policies in emerging economies tend to focus on the growth of manufacturing, the service-producing industries in Thailand have been the dominant source of new job creation in recent years, expanding by 2.6 million jobs between 2000 and 2005 compared to just 1.6 million in the industrial sector. This report has three primary purposes. First, review the methodology for computing productivity and apply that methodology to various levels of the Thai economy. Second, construct measures of productivity performance in greater detail for four services industries that can be then be used for benchmarking purposes against other countries. Finally, examine the procedures for measuring output and productivity in the services sector and suggest areas that are in need of improvement.


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    East Asia and Pacific,

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    Measuring output and productivity in Thailand's service-producing industries

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Measuring output and productivity in Thailand's service-producing industries (English). Washington, D.C. : World Bank Group.