Politics & Government · Public Administration & Governance
A topic within Public Administration & Governance, itself one of 10 topics in that field and part of Politics & Government.
2 works
Eric Helland & Alex Tabarrok
Applies Baumol's cost disease to explain why the price of government-funded health care and education keeps climbing even as their underlying quality is roughly flat.
William J. Baumol & William G. Bowen
Shows that labour-intensive services cannot gain productivity the way manufacturing can, so their relative costs must keep rising forever — the mechanism later named Baumol's cost disease and applied to government services broadly.