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Services Growth in India: A Look Inside the Black Box

Rajeev Dehejia; Arvind Panagariya

Title:
Services Growth in India: A Look Inside the Black Box
Author(s):
Dehejia, Rajeev
Panagariya, Arvind
Date:
Type:
Working papers
Department:
Program on Indian Economic Policies
Permanent URL:
Series:
Program on Indian Economic Policies Working Papers
Part Number:
2010-4
Publisher:
School of International and Public Affairs, Columbia University
Publisher Location:
New York
Abstract:
It is now widely recognized that the pattern of growth in India in recent years has been an unconventional one. Virtually all labor-abundant developing countries such as Taiwan, South Korea and China saw the shares of labor-intensive manufacturing in the GDP and employment rise and those of agriculture fall during their high-growth phases. In contrast, during its recent high-growth phase, India has witnessed the share of labor-intensive manufacturing in the GDP stagnate despite a declining share of agriculture. Moreover, the movement of workers out of agriculture has been extremely piecemeal, with shifts in the relative employment shares barely visible.
Subject(s):
Economics
Item views:
273
Metadata:
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Suggested Citation:
Rajeev Dehejia, Arvind Panagariya, 2010, Services Growth in India: A Look Inside the Black Box, Columbia University Academic Commons, http://hdl.handle.net/10022/AC:P:10820.

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