Services Growth in India: A Look Inside the Black Box
- Services Growth in India: A Look Inside the Black Box
- Dehejia, Rajeev
- Program on Indian Economic Policies
- Persistent URL:
- Program on Indian Economic Policies Working Papers
- Part Number:
- School of International and Public Affairs, Columbia University
- Publisher Location:
- New York
- 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.
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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, https://doi.org/10.7916/D8P84KW6.