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Productivity growth in Indian manufacturing is an important driver of overall growth, yet the issues related to its … measurement have still not been resolved. The issue of how to compute an aggregate productivity measure holds significance for two … reasons: one, the productivity of a firm should reflect the productivity of the lower levels, which comprise the aggregate …
Persistent link: https://www.econbiz.de/10011807645
This paper examines the link between structural change and growth in India. It constructs indices of structural change, and performs a time series analysis of the data. It finds that 1988 marks a break in the time series of growth and structural change. There is one-way causality from structural...
Persistent link: https://www.econbiz.de/10010287747
This paper examines the link between structural change and growth in India. It constructs indices of structural change, and performs a time series analysis of the data. It finds that 1988 marks a break in the time series of growth and structural change. There is one-way causality from structural...
Persistent link: https://www.econbiz.de/10010288166
The positive association between the service sector share of output and per capita income is one of the best-known regularities in all of growth and development economics. Yet there is less than complete agreement on the nature of that association. Here we identify two waves of service sector...
Persistent link: https://www.econbiz.de/10011807641
This paper presents a comprehensive set of stylised facts for business cycles in India from 1950-2010. We show that most macroeconomic variables are less volatile in the post reform period, even though the volatility of macroeconomic variables is still high and similar to other emerging market...
Persistent link: https://www.econbiz.de/10011807666
to quantify the extent to which factor accumulation induces structural change and productivity growth in industrializing … many countries. We conclude that the productivity gains through labour re-allocation are potentially a significant …
Persistent link: https://www.econbiz.de/10010263207
Persistent link: https://www.econbiz.de/10011807549
below trend - and total factor productivity (TFP), using a panel of 71 developed and developing countries during the period …
Persistent link: https://www.econbiz.de/10010278252
Persistent link: https://www.econbiz.de/10013342548
model with adaptive expectations about future productivity growth can reproduce the aggregate land price. However, even with …
Persistent link: https://www.econbiz.de/10010318972