Cheng, Dazhong; Tang, Yutong; Shao, Xinyi - In: China finance and economic review : CFER 14 (2025) 1, pp. 23-49
This paper examines the impact of growth of the service sector on economic fluctuations and its underlying mechanisms … model. The results show that 10% increase in the share of initial inputs and final consumption in the service sector leads … the share of initial inputs and final consumption in the service sector associated with the growth of the service sector …