Creative Inputs as the Cause of Baumol's Cost Disease: The Example of Media Services

@article{Preston2009CreativeIA,
  title={Creative Inputs as the Cause of Baumol's Cost Disease: The Example of Media Services},
  author={Paschal Preston and Sergio Sparviero},
  journal={Journal of Media Economics},
  year={2009},
  volume={22},
  pages={239 - 252}
}
This article explains that the most important aspect of W. J. Baumol's idea of cost disease is the fundamental intuition that there are some types of labor's contributions that are irreplaceable by new technologies. These contributions are indentified as “creative inputs”: original ideas, concepts, actions, and inductive solutions to ill-defined problems. This article also empirically demonstrates that media content activities are stagnant, whereas activities involved in the distribution and… 

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