An Empirical Analysis of the Tertiary Sector Growth and Residents’ Employment and Income: Taking Sample Data from the 50 States in the U.S. from 2000 to 2020 as an Example-Reference-Cited by-同舟云学术

An Empirical Analysis of the Tertiary Sector Growth and Residents’ Employment and Income: Taking Sample Data from the 50 States in the U.S. from 2000 to 2020 as an Example

Published:2022-08-04 Issue: Volume:23 Page:701-707
ISSN:2692-6156
Container-title:BCP Business & Management
language:
Short-container-title:BCPBM

Author:

Liu Kechun

Abstract

The tertiary sector has had a rapid growth in the U.S. This paper analyzes the relationship between the tertiary sector and residents’ employment and the relationship between the tertiary sector and per capita income. The data are collected from all 50 states in the U.S from 2000 to 2020. Empirical analysis, robustness test and heterogeneity analysis are applied to study the issues. The findings are: (1) the tertiary sector growth and the employment are positively related; (2) the relationship between the tertiary sector growth and per capita income is also positive; (3) the results vary from state to state.

Publisher

Boya Century Publishing

Reference11 articles.

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